emirates money holds the year’s first official board meeting

Published March 1st, 2009 - 11:55 GMT
Al Bawaba
Al Bawaba

Emirates Money, has held the first Board meeting of the year. Jamal Bin Ghalaita, Chairman of Emirates Money; and Vikas Thapar, General Manager of Emirates Money, presided over the meeting.

The Board meeting touched on several key issues and discussed the company’s current and future performance. It was shown that Emirates Money achieved the broke even point in Jan 2009. The Board also agreed to appointed Ahmed Al Marzouqi from Emirates NBD, as a member of Executive Committee, as he brings great value of knowledge and experience to the company

Overall, the meeting was successful and the Board remains confident and optimistic about the company’s position both regionally and globally. In spite of the current turbulent financial times, Emirates Money is committed to continuing its expansion as well as its financial growth and development.