Boards of Directors

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JLGC is managed by a Board of Directors, which is composed of eleven members. According to the JLGC Memorandum of Association, the Central Bank of Jordan appoints two of the members of whom one will be Chairman as long as CBJ participation (in JLGC’s capital) remains above 45%. The rest of the shareholders select the remaining members. Membership in the Board of Directors is for a period of four years that ends with the election of a new Board.