Commercial Bank of Qatar (Q.S.C.) has announced its Board of Directors for the next three years following the Bank's AGM earlier this week. At the board meeting immediately following the Bank's AGM, Sheikh Abdullah bin Ali bin Jabor Al Thani was elected Chairman of the Board of Directors of Commercial Bank, and Mr. Hussein Alfardan was elected Vice-Chairman and Managing Director. Commercial Bank's elected Board of Directors for the next three years are: Mr. Jassim Al Mosallam – Director; Mr. Abdullah Al Mannai – Director; HE Mr. Abdul Rahman Bin Hamad Al Attiyah – Director; Sh. Jabor Bin Ali Bin Jabor Al Thani – Director; Mr. Omar Hussain Al Fardan – Director; Mr. Ali Mohd Ghanim Al Mannai - Director (Representative of Qatar Insurance Company); Mr. Mohd Ismail Mandani Al Emadi - Director (Representative of M/S Savings Development Company LLC).

The company shareholders also approved a cash dividend of 20% of the share's nominal value for 2013, equivalent to QAR 2 for each share held.