Qatar General Insurance & Reinsurance Company Q.P.S.C. disclosure of Qatar Central Bank resolution on the appointment of a temporary Board of Directors18 April 2020
Qatar General Insurance & Reinsurance Company Q.P.S.C. discloses that based on the resolution of the Governor of Qatar Central Bank No. (5) for year 2020, the following has been decided:
First: Ending the tenure of the current Board of Directors of Qatar General Insurance & Reinsurance Company Q.P.S.C.,
Second: The appointment of a temporary Board of Directors for Qatar General Insurance & Reinsurance Company from Company’ shareholders for a tenure of one year, renewable, as follows:
- Hamad Mohammad Hamad Al-Mana Chairman of the Board
- Sheikh Khalifa Bin Jassim Bin Mohammad Al Thani Deputy Chairman
- Faleh Al – Nasr Board Member
- Ali Saleh Al Fadala Board Member
- Nawaf Ibrahim Al-Mana Board Member
Third: The temporary Board of Directors to carry out its responsibilities per the company bylaws and the other duties specified in the resolution No. (5) for year 2020.
Fourth: The general assembly meeting will be postponed until the temporary Board of Directors and the relevant authorities decide on a new date.
Fifth: All the concerned bodies must implement the said resolution as of date of issuance and all contrary decisions are cancelled.