The Board of Directors of Al Baraka Bank Egypt held its regular meeting in the Bank's new headquarters at the Fifth Complex in Cairo, during which it was decided to elect Mr. Ebrahim Al Shamsi as the new Chairman of the Bank. Mr. Shamsi succeeds Mr. Adnan Ahmed Yousif who took the Chairmanship position since 2008. The change comes in accordance with the new governance rules followed by the Al Baraka Banking Group and its banking units. Mr. Ebrahim Al Shamsi, the new Chairman of the Bank, is a distinguished UAE banker with more than 45 year experience in banking and financial services.