The Board of Directors of the Arab Bank for Economic Development in Africa (BADEA) is composed of 11 members and has the authorities necessary for management of the Bank except those vested in the Board of Governors these include the following:-
The nine members holding the largest number of share shall be permanent members of the Board; countries fulfilling this criteria at present are: the United Arab Emirates, the People’s Democratic Republic of Algeria, the Kingdom of Saudi Arabia, Republic of Iraq, Sultanate of Oman, State of Qatar, State of Kuwait, the Great Arab Libyan People’s Socialist Jamahiriya and the Kingdom of Morocco. The other members of the Bank jointly select the remaining two non-permanent members of the Board in accordance with their voting power in the Board of Governors; for this term the remaining two members are the Republic of Tunisia and the Arab Republic of Egypt.
Membership in the Board of Directors is for a four-year renewable term. The Board of Directors elects a Chairman, from amongst its members, for a two-year renewable term. The Board meets every four months or whenever the activities of the Bank may so require.
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