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Influential Du board member resigns

by This email address is being protected from spam bots, you need Javascript enabled to view it  on Sunday, 30 November 2008
BOARD RESIGNATION: Ba'alawy has resigned from Du's board. (ITP Images)
BOARD RESIGNATION: Ba'alawy has resigned from Du's board. (ITP Images)

Dubai telecom Du said on Sunday influential board member Soud Ba'alawy, who is executive chairman of Dubai Group, had resigned.

Ba'alawy, who joined the new board of directors of Emirates Telecommunications Corp. (Etisalat) earlier this month, was replaced by Fadel Al Ali, Du said in a statement posted on the bourse website.

It gave no reason for the change.

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Ba'alawy is also chairman of Nasdaq Dubai.

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