The 53 ordinary General Assembly of ABL Members was held on June 29th, 2015 at ABL premises at noon. Dr. François Bassil, Chairman of the Board, enumerated the achievements of the Board for the period of June 2014 till end of June 2014; the Annual report was also discussed and approved. The independent auditors report for that same period was also approved by the General Assembly of Members. The current Board was granted clearance and the 2016 draft budget was discussed and decided upon.
Afterwards, the General Assembly elected a new board of directors of 12 members for a period of two years. Candidates who won unanimously are the following:
1- Nadim Kassar |
FRANSA INVEST BANK S.A.L. |
2- Saad Azhari |
BLOM BANK S.A.L. |
3- Abdel Razzak Achour |
FENICIA BANK S.A.L. |
4- Semaan François Bassil |
BYBLOS BANK S.A.L. |
5- Antoun Sehnaoui |
SOCIETE GENERALE DE BANQUE S.A.L. |
6- Mohammed Hariri |
BANKMED S.A.L. |
7- Salim Georges Sfeir |
BANK OF BEIRUT S.A.L. |
8- Marwan Kheireddine |
AL-MAWARID BANK S.A.L. |
9- Dr. Tanal Sabbah |
LEBANESE SWISS BANK S.A.L. |
10- Dr. Joseph Torbey |
CREDIT LIBANAIS S.A.L. |
11- Dr. Freddie Baz |
BANK AUDI sal |
12- Walid Farid Raphaël |
BANQUE LIBANO-FRANCAISE S.A.L. |
Following the announcement of the twelve winning candidates, the new Board elected the Bureau of the Board as follows:
Chairman: Dr. Joseph Torbey
Vice Chairman: Mr. Saad Azhari
Secretary: Dr. Freddie Baz
Treasurer: Dr. Tanal Sabbah
Following the election of the Board of Directors Bureau, the newly elected President Dr. Joseph Torbey thanked former president Dr. François Bassil for the dedicated efforts and time devoted to the Association and on all his achievements flowing into the sector's interest during his mandate, and then thanked the members of the Board for the trust they placed in him and welcoming the two new elected members who joined the Board Mr. Semaan Bassil and Dr. Freddie Baz, stressing that the Association is a fundamental element of the Lebanese economic bodies and represents a vital sector that carries out an active and effective role in supporting the national economy in both public and private sectors, and stressing the continued close cooperation with the monetary authorities, especially in this delicate phase experienced by the region, and in the rapid developments in the financial and banking situation in neighboring countries, and the need to support the maintaining monetary stability pursued by the central bank's policy, at home, and the follow-up communication and cooperation with regional and international financial authorities, abroad.