National Bank of Umm Al Qaiwain Psc (NBQ) announced changes to its Board of Directors positions effective April 10, 2026.
Sheikh Nasser Rashid AbdulAziz Al Moalla stepped aside as Vice Chairman to ensure compliance with UAE corporate governance rules regarding leadership limits across public joint-stock companies.
Sheikh Saqer Saud Rashid Ahmed Al Mualla, who has served on the board for over six years, was unanimously elected as the new Vice Chairman.
Sheikh Nasser Rashid AbdulAziz Al Moalla will continue to serve as a member of the Board of Directors, and all other board positions remain unchanged.