The Cooperative Insurance Society – Egypt's board of directors plans to hold its first meeting to be chaired by Alaa El-Gharably next Tuesday. In this meeting, the board of directors will decide the date of the extraordinary general assembly to choose a new managing director for the Society, sources said. It is worth mentioning that the Egyptian Financial Supervisory Authority (EFSA) has resolved the conflict between Alaa El-Gharably and Abdel Monem Bakheet over the Society's chairmanship.