Dubai-listed Drake & Scull International (DSI) on Monday said it has terminated the services of chief executive officer, Wael Allan, with immediate effect.

 

The decision was approved at the company’s board meeting on August 13.

 

The board also approved the resignations of several board members, including that of former executive vice-chairman Khaldoun Al Tabari, DSI said in a bourse statement.

 

A general assembly meeting will be called to elect four new members for the board.

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