18.07.2012 - FNB's Islamic banking board quits
First National Bank's (FNB) Islamic finance division has been rocked by the resignation of the unit's entire board following the appointment of a new CEO, previously employed by Absa. The board quit weeks after FNB last month poached the head of Absa Islamic finance, Amman Muhammad, who is expected to play a pivotal role in FNB's plans to expand into Africa, which has an estimated Muslim population of 400m...............................................Full Article: Source
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