HM King issues Decree (50) of 2024

Manama, His Majesty King Hamad bin Isa Al Khalifa, issued Decree (50) of 2024, restructuring the Board of Directors of the Central Bank of Bahrain (CBB), based on a proposal by the Prime Minister, and following the approval of the Cabinet. Article I The Board of Directors of the Central Bank of Bahrain (CBB) shall be restructured as follows: 1- Hasan Khalifa Al Jalahma, chairperson. 2- Chief Executive of Bahrain Economic Development Board, member. 3- Governor of the Central Bank of Bahrain (CBB), member. 4- Undersecretary for Financial Affairs at the Ministry of Finance and National Economy, member. 5- Chief Executive of the National Center for Financial Investigation at the Ministry of Interior, member. 6- Ahmed Mohammed Buheji, member. 7- Amaal Ahmed Al Abbasi, member. The term of membership on the Board shall be four years, renewable for a similar period. Article II The Decree shall come into effect from the date of its issuance and shall be published in the Official Gazette. Source: Bahrain News Agency