AMMAN — Omar Razzaz was appointed as chairman of the Jordan Ahli Bank (JAB) on Tuesday, succeeding Rajai Muasher, who resigned to “enable a new generation to lead the bank”, Al Rai reported. Saad Muasher was appointed as deputy chairman, succeeding Nadeem Muasher, who also resigned. The former JAB chairman noted that Razzaz, who also chairs the King Abdullah II Fund for Development’s board of trustees, was chosen due to his leadership skills and ability to deal with the requirements of the upcoming stage. Razzaz will not resign his positions in other institutions.
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