Qatar First Bank holds its Annual and Extraordinary General Meeting – The Peninsula

Qatar First Bank holds its Annual and Extraordinary General Meeting – The Peninsula

Doha: Qatar First Bank LLC (Public) (“QFB” or the “Bank”), held its Annual and Extraordinary General Meeting on Wednesday 23 March 2022 and approved all items listed on its agenda.

The Annual and Extraordinary General Meeting, was chaired by QFB’s Chairman H.E. Sheikh Faisal bin Thani Al Thani, was held virtually via Zoom, with the attendance of QFB’s board members, shareholders, and senior management team.

The following five board members (Independent and Non-Independent) were elected during the Annual General Meeting through an uncontested election in accordance with the applicable rules and regulations for a period of three years: Mr. Ibrahim Mohamad Ibrahim Jaidah, Mr. Mohamed Yousef Al Mana, Mr. Mohammed Nasser Al Hajri, Shift Company W.L.L. represented by Eisa Mohamad Al-Mohannadi and Al Wajba Business Development represented by Saad Nasser El Kaabi.

The appointment of the remaining two Board members made by the Bank’s Strategic Shareholders in accordance with article 34.2 of the Bank’s Articles of Association was ratified during the Annual General Meeting: H.E. Sheikh Faisal bin Thani Al Thani appointed by Al Zubara Real Estate Investment Company W.L.L. and Mr. Jassim Mohamad Al -Kaabi appointed by Broog Trading Company W.L.L.

The Bank will now seek to fulfill the necessary regulatory and legal