Article 7

The Chairman of the Board referred to in Article (5), as well as the rest of the members referred to in Article (4) and (5) must be Bahraini nationals expert in financial matters. No member of the Board of Directors may be an agent, representative, official, manager, or employee of any financial firm or a holder of more than 10% of the capital of such a firm, nor an agent or representative of any financial or investment interests that are subject to the control of the Agency, nor director, manager or official of any banking firm operating in the State of Bahrain. He must submit to the Board of Directors of the Agency complete statements on all such interests.