Doha: The QIB Results: The QIB Assembly at the Extraordinary Meeting approved the modification of some articles in the Bank’s Articles of Association, based on the updated version from the Governance instructions issued by Qatar Central Bank, as per circular (25) for the year 2022.
Ordinary Meeting Results: The Assembly approved the Board of Director’s Report on the results of the Bank and financial statements for year ended 31/12/2022 and discussion of the plan for the year 2023.
The Assembly approved the Sharia Supervisory Board report, the External auditors’ report on the financial statements for the year ended 31/12/2022, the Bank’s balance sheet and profit and loss for the year ended 31/12/2022, the board of directors’ proposal to distribute 62.50 percent cash dividends of the nominal value per share, i.e. QR0.625 per share.
Thee Assembly absolved the Board members from liability for the year ended 31/12/2022 and approval of the remuneration prescribed to them. It discussed and approved QIB Governance Report for the year 2022.
The Assembly approved the Nomination of the external auditors of the Bank for the year 2023 and determination of the fees to be paid to them.
It selected by acclamation the members of the Board of Directors for the new cycle 2023-2025, listed below: Sheikh /Jassim Bin Hamad Bin Jassim Bin Jaber Al Thani (representing Al Mirqab Capital), Abdullatif Bin Abdullah Al Mahmoud (representing Dar Al Sharq Group) 3. Mohamed Bin Issa Al Mohannadi, Abdulrahman Abdullah Abdul Ghani, Mansour Mohamed Abdel Fattah Al Muslih, Abdullah Bin Saeed Al Eidah (representing Al Zubara Real Estate Investment Company WLL), Nasser Rashid Sraiya Al-Kaabi (representing Al Sraiya Holding Group), Sheikh/ Khalifa Bin Thani Bin Abdullah al Thani (representing Al-Namaa Company for Maintenance and Services), Sheikh/ Jassim Faisal Qassim Thani Al Thani (representing Al Faisal International for Investment), Sheikha/ Hanoof Thani Faisal Thani Al Thani (Independent Member) and Nasser Abdullah Saad Al Mahmoud Al Shareef (Independent Member)
