Gulf Investment Services Holding Company SAOG announced that Mr. Aftab Patel has tendered his resignation from the board of the company for personal reasons. Al Thamman Trading Establishment nominated Mr. Himanshu Mohapatra, to replace Mr. Aftab Patel. The board at its meeting held on October 24, 2012 accepted the resignation of Mr. Aftab Patel.

The board also accepted the nomination of Mr. Mohapatra on the board of company, which shall be placed before the next annual general meeting of the company for ratification.