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Kansas Health Policy Authority names acting director
The Kansas Health Policy Authority's board named Deputy Director Andrew Allison as the agency's acting executive director, effective June 1.
Biz Journal

AIG: 6 independent directors to stand for election
CHARLOTTE, N.C. _ American International Group says it is reconfiguring its board to include a majority of new independent directors.
Topix.net

Dubai`s second US$10 billion-bond offer may come by year end
UAE. Offer will be available to more participants, not only the central bank, Abdulla Al Awar, Managing Director at the DIFC Authority, said in Dubai today.
Business Intelligence Middle East

Investors rebel over Shell executive pay
In one of the biggest investor rebellions over directors' pay, about 59 per cent of the oil multi­national's shareholders voted down the company's remuneration report
FT

M: Communications strengthens Gulf operations
UAE. Leading international financial communications firm appoints Nicholas Lunt as Managing Director for the Gulf region.
Business Intelligence Middle East

Bailed-out AIG cleans-up board
AIG's senior independent director, Steven Bollenbach, is not expected to seek re-election to the troubled insurer's board, as AIG announced six nominees to become independent directors. The com...
Big News Network

MoneyLogix Announces New Management & Board of Directors
CONCORD, ONTARIO--(Marketwire - May 19, 2009) - MoneyLogix Group, Inc. (OTCBB:MLXG) is pleased to welcome its new Management and Board of Directors. Joining the team are: Mike Knarr, President & CEO; Gary Cilevitz, CFO & Corporate Secretary; Adam Seanor, EVP, Business Development; and, Tom Copeland, EVP, Investments. In addition, Alex Haditaghi will be joining Mr. Knarr and Mr. Cilevitz on MoneyLogix' Board of Directors as Chairman of the Board of Directors. Working out of MoneyLogix' new offices in Concord, the management intends to apply its experience to MoneyLogix' focus on creating value through timely acquisitions, investing in value enhancement tactics and executing the best exit strategies for each investment property.
Market Wire

Bollenbach Won`t Return to AIG
The lead independent director at AIG, Steven Bollenbach, will not stand for re-election to the insurer's board at this year's annual meeting.
Wall Street Journal

Shell investors vote down directors
Directors of Shell suffered a resounding defeat today as shareholders revolted against their pay packages. There were gasps at the annual meeting when investors holding about 60 per cent of the...
Big News Network

Al-Khaleej Insurance leads Doha market advances
The Doha Securities Market (DSM) extended its gains from previous days, closing 1.91% higher at 6,688.71 points. Al-Khaleej Insurances posted the largest gain (up 5.43%). Accoriding to George Oommen, Director Insurances and Reinsurances at the DIFC Authority in Dubai, GCC insurance operators benefit from the crisis since many firms realized that they were underinsured and neglected basic assurances during the booming years. Market volumes was also higher, with 24,161,908 shares (plus 40%) chaning hands at the DSM. 33 shares gained, only two declined, and five closed steady.
AME

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