Annual Report 2011 - Jordan Investment and Finance bank
Annual Report 2011 - Jordan Investment and Finance bank
Annual Report 2011 - Jordan Investment and Finance bank
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34D:The Twenty-Eighth <strong>Annual</strong> <strong>Report</strong> of <strong>2011</strong>Stake owned by members of the top/executive managementThere are no stocks owned by members of the higher/executive managementE: Stake owned by companies controlled by relatives of members of the top/executive management (spouses <strong>and</strong> underage children)There are no stocks owned by companies controlled by relatives of membersof the higher/executive management.Names of major shareholders <strong>and</strong> number of stocks they owned in <strong>2011</strong>,compared to the previous year:NO.12345NameEhab S. Farhan JmeanAbdul Raheem N. JardanehBank of Palestine Co.Abu Jaber Bros. Co.Raghda H. MangoNo. of Stock10,127,8227,187,6126,592,9956,572,6425,990,366<strong>2011</strong>Benefits <strong>and</strong> remunerations for board members:NameMr. Bisher M. JardanehMr. Ayman S. JmeanMr. Ziad R. Abu JaberMrs. Wijdan M. TalhouniContributionPercentage11,880%8,431%7,733%7,710%7,027%To nearest JD<strong>Annual</strong>TransportationAllowance4,8004,4004,8004,800No. of Stock9,207,1116,534,1935,993,6326,483,1995,445,788<strong>Annual</strong>Bonus5,0004,5005,0005,0002010ContributionPercentage11,880%8,431%7,733%8,365%7,27%Total9,8008,9009,8009,800To nearest million dinarBenefits <strong>and</strong> remunerations for top management members for <strong>2011</strong>Salaries of the Top Management <strong>2011</strong>-12-3112345NO.NameSoha Tawfeeq J. KaradshehRajaie Jeryes Al-QasosHani Abdul Rahman M. Al-AliIbrahim Noor S. BsharatMontaser Ezzat Ahmad Abu DawasStarting from 01/08/<strong>2011</strong>Total for Bank Staff Only111,400.00127,133.33128,000.00152,000.00133,333.33651,906.67Community service <strong>and</strong> environment protection---12,000.00-12,000.00bonus25,000.0035,000.0035,000.0032,000.0060,000.00187,000.00Salaries/Wages Total136,440.00162,133.33163,000.00196,000.00193,333.33850,906.67Invest<strong>bank</strong> believes in the corporate social responsibility due to its importancein serving local communities <strong>and</strong> achieving sustainable development thatbrings about public good <strong>and</strong> benefits for all.Our concern for social responsibility, particularly our focus on environmentprotection <strong>and</strong> combating poverty is not new to us, as the <strong>bank</strong> has always beenvery active socially in every sense. Invest<strong>bank</strong> has set social responsibility asa top priority out of keenness to serve the community <strong>and</strong> contribute to itsadvancement.Out of our belief that the environment has a great effect on society, the <strong>bank</strong>has attached much importance to this issue, as reflected in its support forthe Royal Society for the Conservation of Nature <strong>and</strong> the Tree Society, amongothers, in addition to its support for awareness campaigns organized byvarious parties <strong>and</strong> societies in the Kingdom.35The Twenty-Eighth <strong>Annual</strong> <strong>Report</strong> of <strong>2011</strong>Mr. Walid E. FinanDr. Mohammed K.A-TalMr. Abdul Raheem N. JardanehDr. Fouti I. KhamisMrs. Zina N. Abdul Raheem JardanehDr. Nabeel H. Al-QaddumiMr. Hashem H. Al-ShawaMohannad J. Eid Al-Shae'eneFehmi Bin Fa'aiq Abu Khadra'aTotal1,2004,8004,8004,8004,8008,0104,8004003,60056,0101,5005,0005,0005,0005,0005,0005,0005003,50055,0002,7009,8009,8009,8009,80013,0109,8009007,100111,010Moreover, the <strong>bank</strong> attached special attention to all segments of the societyof all age categories <strong>and</strong> affiliations. We reach out to the elderly <strong>and</strong> orphans,whom we support through donations to the Al-Aman Fund for the Future ofOrphans <strong>and</strong> Ein Al-Basha Orphanage. Besides, the <strong>bank</strong> supports Al HusseinCancer Center through annual donations, a gesture that has a positive effect onthis major medical facility <strong>and</strong> a pillar in the medical industry in the Kingdom.The <strong>bank</strong> also contributed to several functions <strong>and</strong> activities that took placein <strong>2011</strong>, including sponsorship of the Chemistry Cares Conference, thusasserting its commitment to social responsibility towards the society it worksto serve.