President Abbas Issues Decision to Restructure the Board of Directors of the Palestinian Deposit Insurance Corporation

SadaNews Economy - President Mahmoud Abbas issued decision number (88) for the year 2025 regarding the restructuring of the Board of Directors of the Palestinian Deposit Insurance Corporation.

This decision comes based on the basic law of the Palestine Liberation Organization, the amended basic law of 2003 and its amendments, after reviewing decision number (7) for the year 2013 concerning the Palestinian Deposit Insurance Corporation and its amendments, as well as presidential decision number (70) for the year 2022 regarding the restructuring of the corporation's board.

According to the decision, the restructuring of the Board of Directors of the Palestinian Deposit Insurance Corporation will proceed as follows, aiming to ensure the stability of the banking sector, protect the rights of depositors, and achieve the public interest:

Number Name and Membership Position

1. The Governor of the Palestinian Monetary Authority, Mr. Yahya Shar, Chairman

2. Representative from the Ministry of Finance, Mr. Mohammad Rabi, Member

3. Registrar of Companies, Mr. Tarek Al-Masri, Member

4. Mr. Raed Hanadlah, Member

5. Mr. Rami Khoury, Member

6. Ms. Sherine Amin Al-Shallha, Member

7. Ms. Shahnaaz Abu Farha, Member