Alizz bank hosts CGM, elects board of directors

Alizz Islamic Bank, one of Oman’s first Islamic banks hosted its Constitutive General Meeting (CGM) on Nov.20, where the Bank’s first board of directors was elected. The board constitutes experienced directors with extensive expertise in financial services. Trading of the Bank’s shares on the Muscat Securities Market is expected to commence on Dec.3, 2012. More than 87 per cent of shareholders voted in person or by proxy at the CGM to elect the first board, which includes Sayyid Taimur Bin As’ad Bin Tarik Al Said, Ahmed Al Khonji, Shabib Mohamed Al Darmaki and others. From Gulf Today