Alba hold its 3rd quarter Board of Directors’ meeting

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Aluminium Bahrain (Alba) held its Board of Directors’ meeting virtually for the third quarter.

“As we navigate through this unprecedented time, Alba is reforming itself by capitalising on its Safety culture and human assets, increasing its operational resilience and agility, and re-thinking its cost structure,” Board Chairman Shaikh Daij Bin Salman bin Daij Al Khalifa, said.

“Despite the challenges, we remain committed to have a strong finish by meeting our 2020 Production Target of 1,540,000 metric tonnes.”

The board reviewed the reports of the Executive Committee, Board Audit Committee and the Nomination, Remuneration and Corporate Governance Committee.

Alba’s Safety initiatives, financial performance-to-date, Titan-Phase IV, operational productivity as well as the overall market sentiment amidst COVID-19 were discussed during the meeting.

Including the Chairman of the Board, Shaikh Daij bin Salman bin Daij Al Khalifa, the board comprises six directors appointed by Bahrain Mumtalakat Holding Company – Yousif Abdulla Taqi, Suha Karzoon, Shaikh Isa Bin Khalid Al Khalifa, Tim Murray and. Rasha Sabkar.

The three directors appointed by Sabic Industrial Investments Co. (SIIC) are Ahmed Al Duriaan, Iyad Al Garawiand and Omar Al Amoudi and one elected director, Mutlaq Al Morished.

SOURCE: BIZBAHRAIN

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