A A Bin Hindi sets up family council
Manama, March 5, 2013
A A Bin Hindi Group, a leading family-run business conglomerate in Bahrain, has announced the setting up of an elected council within the family.
In a first-of-its-kind move among family enterprises in Bahrain, the council has been set up in order to keep pace with administrative and regulatory requirements, reported the Gulf Daily News, our sister publication.
The A A Bin Hindi family convened a general assembly to elect the first board of the family council.
Out of 12 members found eligible, the five who were elected to the first council are, Ahmed Abdulla Bin Hindi with eight votes, Khalid Abdullah Bin Hindi with eight votes, Nawaf Abdullah Bin Hindi with nine votes, Lina Ahmed Almannae with seven votes and Lulwa Abdullah Bin Hindi with seven votes respectively.
Khalid has been chosen chairman, while Nawaf has been made the vice-president. Each council will have a two-year term, with the first one running from February 1 to January 31, 2015.
In addition, Mo'men Shawqi Ahmed has been chosen general secretary of the council, said the report.
The electoral process was carried out under the supervision of Dr Amr Alaa Zidane, an expert in development of family businesses and management governance systems.
Abdullah Bin Hindi's in-laws were allowed full representation. A A Bin Hindi family's affiliated persons also had the right to representation.-TradeArabia News Service