The appointment of Alba's new Chairman and Board members
Update the Register of Alba's Board of Directors
Formation of Standing Committees of the Board
Aluminium Bahrain B.S.C. (Alba) announces the appointment of the new Board of Directors, effective immediately, during the Board of Directors meeting for the year 2014, held on Thursday, February 27, 2014 at the Gulf Hotel, Kingdom of Bahrain.
The new Chairman of Alba's Board of Directors, Shaikh Daij Bin Salman Bin Daij Al Khalifa said on this occasion:
"It is a great honour to chair the Board of Directors of Alba. Together with my fellow board members, we remain committed to better serve the shareholders whom we represent; we also look forward to work along the Executive Management team to take Alba to the next level, to consistently deliver reliable performance as well as continue to create long-term shareholder value."
The new Chairman Shaikh Daij Bin Salman Bin Daij Al Khalifa kicked-off the first quarterly Board of Directors meeting for the year 2014 with an introductory remark followed by the approval of the agenda.
The Board updated the Register of the Directors following the shareholders' approval during the AGM on the newly appointed Chairman of the Board of Directors, Shaikh Daij Bin Salman Bin Daij Al Khalifa; the appointment of Mr. Yousif Abdulla Taqi, Mr. Osama Mohammed Al Arrayedh, Mr. Fahad Nasser Al-Hazzani, Dr. Mohamed Kameshki and Mr. Tony Robinson (Anthony Lee Robinson) by Bahrain Mumtalakat Holding Co. B.S.C © and the appointment of Mr. Mutlaq Hamad Al Morished and Mr. Fahad S. Al Sheaibi by Sabic Industrial Investments Co (SIIC) together with the elected director, Mr. Abdul Aziz Al Humaid from Sabic Industrial Investments Co (SIIC) as the new Directors of the Board.
In addition, the Board decided on the formation of the Board Committees; the Board Audit Committee, and other committees.
During the meeting, the Board has also agreed on the dates for the upcoming Committees as well as Board's Meetings for 2014.
The Chairman of Alba's Board of Directors, Shaikh Daij Bin Salman Bin Daij Al Khalifa expressed his thanks and appreciation to the Government of Bahrain, led by His Majesty King Hamad bin Isa Al Khalifa, His Royal Highness the Prime Minister Prince Khalifa bin Salman Al Khalifa, and His Royal Highness the Crown Prince, Deputy Supreme Commander and First Deputy Prime Minister, Prince Salman bin Hamad Al Khalifa.
Shaikh Daij also expressed his gratitude for the continuous support of the Kingdom of Saudi Arabia and the Custodian of the Two Holy Mosques King Abdullah bin Abdul-Aziz Al Saud.
The meeting was attended by Alba's Senior Executive Management Team as well as other company officials. The Board expressed their thanks to the Senior Executive Management Team, managers, Alba employees and their representatives in the Alba Labour Union for their continuous support to boost the company's operations.
-Ends-
About Alba
Aluminium Bahrain B.S.C. (Alba) - one of the largest and modern aluminium smelters in the world - is renowned for its premium grade aluminium products, technological strength and innovative policies, strict environmental guidelines and high track record for safety. Established in 1971 as a 120,000 tonnes per annum smelter, Alba today produces more than 912,000 metric tonnes per annum of the highest grade aluminium, with products including standard and T-ingots, extrusion billets, rolling slab, properzi ingots, and molten aluminium.
Alba is listed on both the Bahrain Bourse and London Stock Exchange, and the company's shareholders are Bahrain Mumtalakat Holding Company (69.38%), SABIC Industrial Investment Company (20.62%) and the General Public (10%). Arial narrow, point 10
For further details, please contact:
Eline Hilal
Investor Relations Manager
Investor Relations Department
Tel: (973) 1783 5100 (direct)
Fax: (973) 1783 3822
E-mail: eline.hilal@alba.com.bh
Website: www.albasmelter.com.bh
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For further details, please contact Investor Relations Manager, Eline Hilal:
Tel: (973) 17 8335100 (direct)
Fax: (973) 17 833822
E-mail: eline.hilal@alba.com.bh
© Press Release 2014
