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NIC board reshuffled

(Wam) / 27 February 2007

ABU DHABI — The President, His Highness Shaikh Khalifa bin Zayed Al Nahyan, in his capacity as Ruler of Abu Dhabi, issued an Amiri decree reshuffling the board of directors of National Investment Corporation (NIC).

Amiri decree no. 4/2007 appoints Shaikh Sultan bin Khalifa Al Nayhan as Chairman of the corporation’s board and Mubarak Matar Al Hamiri as Deputy Chairman.

Other new members of the corporation's board include Rashid Saif Al Suwaidi, Abdullah Mohammed Al Mazrouei, Hamad Rashid Al Nuaimi, Saeed Eid Al Ghafli, Khdeim Abdullah Al Dere’i, Abdullah Ali Al Sa’adi, Mashwi Yaed Bayat Al Qubaisi.

The decree stipulates that board membership shall be extendable for five years.
 
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