Bank Alfalah Limited announced that the meeting of Board of Directors held on January 15, 2017, has accepted the resignation of Sheikh Hamdan Bin Mubarak Al Nahayan, Director/Chairman of the Bank with effect from January 15, 2017. The Board of Directors appointed Sheikh Nahayan Mabarak Al Nahayan as Director of the Bank with effect from January 15, 2017. The Board has also elected H.H. Sheikh Nahayan as Chairman of the Board of Directors of the Bank, effective from January 15, 2017.