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Jordanian lender names chairman, vice chairman

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Jordanian lender names chairman, vice chairman

Shareholders of Amman, Jordan-based electedAbdel Al-Khatib chairman of the board of directors, and AbdullaAl Khalifa vice chairman.

Michel Marto, who chaired the bank's board previously,resigned from the role, effective April 21, in a move to fulfil corporategovernance rules issued by the Jordanian central bank.

Additionally, the company's shareholders approved theboard's recommendation to pay out 2015 dividends at the rate of 32% of theshare par value.