30 Jan 2025
The Board of Directors appoints the Governor of the Central Bank of Bahrain as Chairman
GMCo’s Board decided to elect Mr. Khaled Ibrahim Humaidan as the Chairman of the Board, and His Excellency Sheikh Bandar bin Mohammed bin Saoud Al-Thani as Vice Chairman. Their term of office starts on January 1, 2025, for a period of one year. The Board’s decision was taken as per Article (9) of the Statute, which states that “The Board of Directors shall elect a chairperson and a vice-chairperson among its members for a one-year office.”
Mr. Khaled Ibrahim Humaidan is currently the Governor of Central Bank of Bahrain, while His Excellency Sheikh Bandar bin Mohammed bin Saoud Al-Thani is the Governor of Qatar Central Bank. Accordingly, the Gulf Monetary Council wishes success to the Chairman and the Vice Chairman in the next term. The Monetary Council also thanks the former Chairman, His Excellency Mr. Basel A. Al-Haroon, Governor of Central Bank of Kuwait, for his efforts and wise management during the previous term.