News / Press Releases

Nomination of the Board of Directors of Ahli Bank QPSC

5 November 2023
Doha 5 November 2023 - The Board of Directors of Ahlibank is pleased to announce that nomination for election of the Board of Directors will be opened to occupy two board seats to continue the current Board term (2023-2025), as follows:

  • one non-independent Member from the Bank’s shareholders who own shares representing not less than 1% of the Bank’s share capital; and
  • one independent member who does not own any shares of the Bank’s share capital, in accordance with the independent member definition mentioned in the governance rules issued by Qatar Central Bank circular no. (25) of 2022.

Starting from Sunday 05/11/2023 until 1:00 PM on Thursday 16/11/2023.

Nomination Conditions

  • Candidate should not be less than 21 years old and having full capacity;
  • Candidate should not have been convicted of a criminal offence or a crime related to honour or honesty or any of the crimes referred to in Articles (334) and (335) of the Commercial Companies Law No. (11) of 2015 as amended or Article (40) of Law No. (8) of 2012 regarding the Qatar Financial Markets Authority, or be prohibited from practicing any work in the entities subject to the supervision of the Qatar Financial Markets Authority under Article 35 paragraph 12 of the same law or has been declared bankrupt unless he has been rehabilitated;
  • Non-independent candidates should own shares representing at least (1%) of the Bank’s share capital which will be frozen until the end of the term of his membership;
  • Not in breach of Article (98) of the Commercial Companies Law No. (11) of 2015 and amendments thereof, governance instructions to banks issued by Qatar Central Bank (“QCB”) by virtue of circular no. (25/2022) and Article
  • of the Corporate Governance Code for Companies and Legal Entities listed on the main market issued by Qatar Financial Markets Authority (“QFMA”); and
  • The candidate must fulfil the conditions mentioned in the nomination applications, the Bank’s board members nomination and election policy published on its website, companies’ law and QCB and QFMA governance instructions.

Nominations are subject to the approval of the relevant regulatory bodies.

Accordingly, Candidates who satisfy the nomination requirements and conditions should fill, sign and stamp (for companies) all the necessary application forms which are available by clicking on or at the Board Secretary Office in the Bank’s Head Office located at Suhaim Bin Hamad St., Al Sadd, 3rd Floor (the “Board Secretary”).

Nomination applications will be received starting from Sunday November 05th, 2023 till Thursday November 16th, 2023. Accordingly, candidates are requested to submit the duly completed and signed application forms in addition to all the documents mentioned in the nomination applications to the Board Secretary during the working days (from 9:00 AM until 1:00 PM). In case of any inquiries or help, kindly contact the Board Secretary during the abovementioned timings.


  • The originals of any necessary application, document or undertaking required to be signed by the candidate or the nominating entity in addition to the all the necessary documents should be submitted to the Board Secretary;
  • Nomination applications, which do not meet all the above requirements and conditions, have been modified or amended, or which are submitted without the required supporting documentation, will not be received; and
  • The ordinary general assembly (the “AGM”), that will elect the new board members, will be held on 27/02/2024 and in the event the quorum of the AGM is not met, the adjourned meeting will be held on 06/03/2024. Such AGM will be announced then in an Arabic and an English newspaper, Qatar Exchange website and the Bank’s website 21 days prior to the meeting date.

For any enquiry, please contact the General Counsel – Board Secretary Office on 4423 2321

Faisal Bin Abdulaziz Bin Jassim Al Thani

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