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FNB names new sharia banking advisory committee

Posted on 03 May 2013

The Islamic division of First National Bank (FNB) has hired a new sharia advisory committee and aims to rebrand itself after a governance crisis last year resulted in the previous board quitting, denting investor confidence.
Under the new structure, the committee will no longer play a role in the day-to-day running of the business, removing the potential for conflicts like those that led to a public spat with management last year………………………………………..Full Article: Source

 
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