29 November 2011
Following the resignation of Mr. Bara'a Al Qenaei, CEO of International Investment Group, the board of directors of IIG convened on September 7th 2011 to discuss the resignation. The Board accepted the resignation and agreed to agree terms with a view to appointing Mr. Faisal Al Busairi as CEO on the aforementioned date. Ultimately an agreement with Mr. Al Busairi was not reached and Mr. Al Busairi did not assume the position. Accordingly, IIG Board of Directors, in a meeting held on 23rd of October 2011, authorized Mr. Ghassan Al Sultan (Board Member) to temporarily manage the business in a caretaker's capacity, pending the replacement of the resigned CEO.
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Following the resignation of Mr. Bara'a Al Qenaei, CEO of International Investment Group, the board of directors of IIG convened on September 7th 2011 to discuss the resignation. The Board accepted the resignation and agreed to agree terms with a view to appointing Mr. Faisal Al Busairi as CEO on the aforementioned date. Ultimately an agreement with Mr. Al Busairi was not reached and Mr. Al Busairi did not assume the position. Accordingly, IIG Board of Directors, in a meeting held on 23rd of October 2011, authorized Mr. Ghassan Al Sultan (Board Member) to temporarily manage the business in a caretaker's capacity, pending the replacement of the resigned CEO.
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© Press Release 2011
