Manama: Bahrain Bourse, licensed by the Central Bank of Bahrain, has announced the election of Yousif Abdullah Al Yousif as Chairman during the first meeting of its newly restructured Board of Directors. This follows the issuance of Edict (1) of 2025 by His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince, Prime Minister, and Chairman of the Economic Development Board, on April 29. Yousif Abdullah Ali Reza has been elected as Vice Chairman, and various Board Committees have been formed in accordance with Bahrain Bourse's Corporate Governance Code.
According to Bahrain News Agency, the Board members include Yousif Abdullah Al Yousif, Yousif Abdullah Ali Reza, Nabeel Saleh Abdulaal, Raed Abdulla Fakhri, Eman Jawad Al Asfoor, Habib Jawad Habib, Fatema Hamad Abul, Abdulla Abdulrazzaq Bukhowa, and Aisha Mohammed Abdulmalik. The newly appointed Board members expressed their gratitude to HRH the Crown Prince and Prime Minister for the trust placed in them. They underscored their commitment to advancing His Royal Highness's vision and supporting Bahrain's economic growth through the development of Bahrain Bourse.
Yousif Abdullah Al Yousif expressed appreciation for the opportunity to lead the Board during this significant period. He emphasized his readiness to collaborate with the Board members and executive management to enhance the Bourse's position as a financial market that fosters growth and investment opportunities in Bahrain.
Shaikh Khalifa bin Ebrahim Al Khalifa, Chief Executive Officer of Bahrain Bourse, extended his congratulations to the new Chairman and Vice Chairman and welcomed the new Board members. He noted the Board's extensive expertise will significantly contribute to shaping the Bourse's strategy, supporting its long-term objectives, and strengthening investor confidence, transparency, and efficiency.
The appointment of the new Board represents a crucial phase in Bahrain Bourse's development, aimed at fulfilling national economic objectives and bolstering its role as a cornerstone of Bahrain's capital market sector.