Joseph Torbey has been reelected as Chairman of the Association of Banks (ABL). His team won 11 out of 12 seats of ABL's Board of Directors.
His rival Salim Sfeir won one seat at the expense of Varouj Nerguizian, Chairman of Emirates Lebanon Bank, who was on Torbey's list.
This will be the sixth term for Torbey, who chaired ABL in 2001-2003, 2003-2005, 2009-2011, 2011-2013, and 2015-2017. He is the incumbent Chairman of Credit Libanais.
The winners in Torbey's team are Fredd...
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