A boardroom dispute has left the Financial Services Association of the United Arab Emirates, a recently formed industry group, in disarray.
Arwa Hamdieh, co-founder of a body that lobbies on behalf of the UAE’s financial industries, said she disbanded the board two weeks ago, and made this “tough decision” because the board had failed to provide adequate service to members.
Some members of the board, however, said any attempt to disband them was not carried out properly. The entire board has resigned, having “lost trust and confidence” in Ms Hamdieh.
UAE financial association board resigns - FT.com
No comments:
Post a Comment