NO. 41


Financial and Banking News

Regional Banking

UBAF-France Streamlines Board and Management Structure

Paris-based Union de Banques Arabes et Francaises (UBAF) is to streamline itsboard and management structure by creating a new supervisory board and amanagement committee to replace the old 12-person board of directors. Thedecision was taken by the bank's general assembly on 8 July. The nine-membersupervisory board will consist of three members nominated by Credit...