MANAMA: Aluminium Bahrain B.S.C. (Alba) board of directors told that by the close of 2014, the smelter would be in position to exceed financial targets.
The Board approved minutes of the previous meeting as well as discussed the matters arising from the previous meeting which was held on September 24, 2014.
At the meeting, the Board approved the 2015 Annual Operating Plan and was given an update on the status of Line 6 expansion project. Also, during the meeting, the Gulf Aluminium Council (GAC) Secretary General, Mahmood Al Daylami briefed the board on the important role which the GAC plays in representing the GCC Aluminium industry.
“As we head into 2015, Alba will continue to focus on creating sustainable value for both Alba and the Kingdom of Bahrain. On behalf of the Board of Directors, I would like to once again thank the Management, the Alba Labour Union and all Alba Employees and Contractors on winning the 2014 GAC Health and Safety award for Alba,” the Chairman of Alba’s board of directors, Shaikh Daij Bin Salman Bin Daij Al Khalifa, said.
The Alba Board of Directors comprises six directors appointed by Bahrain Mumtalakat Holding Company, which in addition to the Chairman of the Board, Shaikh Daij Bin Salman Bin Daij Al Khalifa; include Yousif Abdulla Taqi, Osama Mohammed Al Arrayedh, Fahad Nasser Al-Hazzani, Dr. Mohamed Kameshki and Tony Robinson (Anthony Lee Robinson). The two directors appointed by Sabic Industrial Investments Co (SIIC) are Mutlaq Hamad Al Morished, Fahad S. Al Sheaibi and the independent director, Abdul Aziz Al Humaid.
The Chairman of Alba’s Board of Directors, Shaikh Daij Bin Salman Bin Daij Al Khalifa expressed his thanks and appreciation to the Government of Bahrain, led by His Majesty King Hamad bin Isa Al Khalifa, His Royal Highness the Prime Minister Prince Khalifa bin Salman Al Khalifa, and His Royal Highness the Crown Prince, Deputy Supreme Commander and First Deputy Prime Minister, Prince Salman bin Hamad Al Khalifa.
Shaikh Daij also expressed his gratitude for the continuous support of the Kingdom of Saudi Arabia and the Custodian of the Two Holy Mosques King Abdullah bin Abdul-Aziz Al Saud.
The meeting was attended by Alba’s Senior Executive Management Team as well as other Company officials. The board expressed their thanks to the Senior Executive Management Team, Managers, Alba employees and their representatives in the Alba Labour Union for their support to boost the company’s operations