Doha: QIIB announces the postponement of the second Ordinary General Assembly meeting during the year 2023, which was scheduled for yesterday, corresponding to 7/5/2023 at the bank’s main headquarters on Grand Hamad Street, due to the lack of a quorum. The second (reserve) meeting will be held on Wednesday, corresponding to 10/5/2023 at the same time and place, to discuss the agenda for Ordinary General Assembly:
■ Review board of directors’ recommendation to extend last year General Assembly approval of the $2bn based on a study for each issuance and different scales of bank needs after getting all necessary approvals from supervisory authorities. The Sukuk should not exceed the bank’s capital and reserves.
■ Election of two additional members of the Board of Directors from the shareholders to complete the current period, which ends on 3/13/2026, to complement the number of members Board of Directors to( 11 )members.
