VOL. XLIV

No. 27

2-July-2001

BANKING

GIB Announces New Board Following Ownership Change

Gulf International Bank (GIB) announced on 26 June that it had appointed a new Board of Directors following the recent decision of the GCC state shareholders to "own directly their stakes in GIB." The new board is as follows:

Shaikh Ibrahim Al Khalifa, Undersecretary, Ministry of Finance and National Economy, Bahrain

Sa'ud al-Shukaily, Acting Director General of Revenue and Investments, Ministry of Finance, Oman...