^{Corporate Governance} Board of Directors

H.E. Khaldoon Khalifa Al Mubarak is the Managing Director & Group Chief Executive Officer of Mubadala Investment Company PJSC, responsible for aligning Mubadala with Abu Dhabi’s economic diversification efforts. Beginning his career at the Abu Dhabi National Oil Company, H.E. Al Mubarak held a number of positions at Tawazun Economic Council, formerly known as UAE Offsets Group, before assuming his current portfolio of responsibilities.

H.E. Khaldoon Khalifa Al Mubarak holds a number of UAE Government and Abu Dhabi Government responsibilities, including: a Member of the Abu Dhabi Executive Council since 2006; a Founding Member of Abu Dhabi’s Supreme Council for Financial and Economic Affairs; the Presidential Special Envoy to China since 2018; and the Founding Chairman of the Abu Dhabi Executive Affairs Authority, which has provided strategic policy advice to the Chairman of the Abu Dhabi Executive Council since 2006.

Degree in Economics & Finance (Tufts University, USA)

External appointments:
Abu Dhabi Executive Affairs Authority, Chairman (2006), UAE
Emirates Nuclear Energy Corporation, Chairman (2009), UAE
Emirates Global Aluminium PJSC, Chairman (2014), UAE
City Football Group Limited, Chairman (2008), UK
Abu Dhabi Executive Council, Member (2006), UAE
UAE Supreme Council for Financial & Economic Affairs, Member (2020), UAE
Abu Dhabi National Oil Company, Member (2021), UAE

Chairman of the Board Nomination, Compensation, HR & Governance Committee

H.E. Hussain Jasim Naser Al Nowais joined the ADCB Board in 2019. He is the Founding Member and Chairman of AlNowais Investments.

BSc Business Finance (Lewis & Clark College, USA)

External appointments:
AMEA Power LLC, Chairman (2016), UAE
AlNowais Investments LLC, Chairman (2016), UAE
Rotana Hotels and Real Estate Investment, Member (2006), UAE

Chairman of the Board Risk & Executive Committee

Saeed Almazrouei was appointed to the ADCB Board of Directors in 2019. Saeed Almazrouei is the Deputy Platform CEO, Direct Investments, at Mubadala Investment Company PJSC. In this role, he oversees platform-wide activities, supports the delivery of the platform’s investment strategy, manages the platform’s capital allocation, ensures the successful implementation of capital deployment and monetisation transactions and assesses value, risks and expected returns.

Before his current position, Saeed Almazrouei was Deputy Chief Financial Officer at Mubadala Investment Company PJSC, where he oversaw the group-wide finance function and delivery of the company’s growth strategy, supporting various acquisitive transactions and asset monetisations. He was also responsible for all Treasury activities including Mubadala’s bond issuances and project financing.

MSc International Securities Investment and Banking (University of Reading, UK)
MSc National Security and Strategic Studies (National Defense College, UAE)
BSc Finance (Suffolk University, USA)

External appointments:
Borealis AG, Non-Executive Director (2020), Austria
Nova Chemicals Corporation, Non-Executive Director (2021), Canada
Aabar Investments PJSC, Non-Executive Director (2017), UAE
Abu Dhabi Retirement Pension & Benefits Fund—(Operating Company), Non-Executive Director (2019), UAE
CEPSA—Compañía Española de Petróleos S.A., Non-Executive Director (2019), Spain
OMV AG, Non-Executive Director (2021), Austria
International Petroleum Investment Company, Non-Executive Director, UAE
Yas Holding LLC, Non-Executive Director (2021), UAE

Chairlady of the Board Audit & Compliance Committee

Aysha Al Hallami was elected by Abu Dhabi Investment Council to join the ADCB Board of Directors in April 2013. In June 2021, Aysha moved to the Abu Dhabi Investment Authority’s newly created Core Portfolio Department to help develop its comprehensive strategy.

Chartered Financial Analyst (CFA Institute, USA)
Private Equity and Venture Capital (Harvard Business School, USA)
MSc Finance & Banking (Cass Business School, City University, UK)
BSc Business Sciences, Finance (Zayed University, UAE)

Aysha Al Hallami does not hold any external directorships.

Carlos Obeid joined the ADCB Board of Directors in 2019. Carlos Obeid is the Group Chief Financial Officer of Mubadala Investment Company PJSC and is responsible for managing the organisation’s Business Finance including Treasury and Investor Relations, Financial Planning and Business Performance, and Financial Governance and Reporting.

Before joining Mubadala, Carlos Obeid worked with the UAE Offset Program Bureau, where he led a wide range of initiatives including privatisation, utilities and financial services.

MSc Business Administration (INSEAD)
BSc Electrical Engineering (American University of Beirut)

External appointments:
Mubadala Infrastructure Partners Limited, Chairman (2008), UAE
Cleveland Clinic Abu Dhabi LLC, Non-Executive Director (2010), UAE
GlobalFoundries Inc, Non-Executive Director (2012), USA
Mubadala Capital, Non-Executive Director, (2021), UAE

Khalid Deemas Alsuwaidi was appointed by Abu Dhabi Investment Council (ADIC) to join the ADCB Board of Directors in March 2009. In 2012, he was nominated and elected by ADCB shareholders to act as a Director and, in March 2015, he was again nominated and elected by ADIC to act as a Director. He has more than 16 years of banking experience, having held senior management positions at National Bank of Abu Dhabi and First Gulf Bank.

MSc Business Administration, minor in Management Information Systems and Strategic Planning (Widener University, USA)
BSc Computer Information Systems (Bethune Cookman College, USA)

External appointments:
Group CEO of Das Holding
Abu Dhabi National Takaful Company PSC, Vice-Chairman (2008), UAE
Manazel Group, Non-Executive Director (2009), UAE

Ahmed Al Calily is the Chief Strategy & Risk Officer at Mubadala Investment Company PJSC, where he is responsible for the company’s Corporate Strategy, ESG, and Enterprise Risk Management framework.

Ahmed Al Calily’s diverse professional experience includes several leadership positions as well as Board positions on various companies. Previously, he was the CEO of Energy at Mubadala Development Company where he oversaw the company’s energy assets.

BSc Economics and Political Science (Boston University, USA)

External appointments:
Medical Holding Company LLC, Non-Executive Director (2017), UAE
Cleveland Clinic Abu Dhabi LLC, Non-Executive Director (2020), UAE
Abu Dhabi Future Energy Company PJSC—Masdar, Non-Executive Director (2019), UAE
GlobalFoundries Inc, Non-Executive Director (2019), UAE

Sheikh Zayed was appointed as a Director of ADCB in 2021, having gained experience working at National Bank of Abu Dhabi and Morgan Stanley.

MSc Computer Science (University College London, UK)
BSc Business Management (University of Sussex, UK)

Sheikh Zayed does not hold any external directorships.

Mohamed Ali Aldhaheri joined ADCB’s Board of Directors in 2020. He has a comprehensive background in the financial sector with more than 22 years of experience. He served in various senior roles within financial institutions, and currently holds the position of the Deputy CEO & Executive Director of the Accounting & Financial Services Department at Abu Dhabi Investment Council.

External appointments:
Abu Dhabi Investment Company (Invest AD), Chairman (2015), UAE

Khaled H. Alkhoori was elected by ADCB shareholders to join the Bank’s Board of Directors in April 2012. Since January 2006, he has been the Chairman of Orient House for Development and Construction, LLC.

MSc Civil Engineering (Northeastern University, USA)
BSc Civil Engineering (Northeastern University, USA)

External appointments:
Abu Dhabi National Hotels PJSC, Non-Executive Director (2009), UAE

ADCB’s shareholders nominated Abdulla Khalil Almutawa to join the ADCB Board of Directors in March 1997. He is a skilled and dedicated investment professional with more than 35 years of experience and a comprehensive background in finance and administration.

Abdulla Khalil Almutawa retired from the ADCB Board on 26 January 2021 and the resulting vacancy was subsequently filled by Sheikh Zayed Bin Suroor Al Nahyan.

BSc Business Administration (University of North Carolina, USA)