Corporate Governance Committees
INDEPENDENT, NON-EXECUTIVE DIRECTOR Aysha Al Hallami
- Chairman
- Audit & Compliance Committee
- Member
- Risk & Credit Committee
Aysha Al Hallami is currently a Research Specialist in the Fixed Income and Treasury Department at ADIA. Aysha Al Hallami was elected by ADIC to join the ADCB Board of Directors in April 2013.
Chartered Financial Analyst, CFA Institute
Private Equity and Venture Capital, Harvard Business School
Master of Sciences in Finance & Banking, British University in Dubai in association with Cass Business School, City University, London
Bachelor of Science in Business Sciences: major in Finance, Zayed University, (Abu Dhabi, UAE)
*Independent (assessed as per Bank policies)
INDEPENDENT, NON-EXECUTIVE DIRECTOR Khalid Deemas Alsuwaidi
External Appointments:
Board Member—Manazel Real Estate Company, Vice Chairman—Abu Dhabi National Takaful Company
Group Chief Executive Officer— Das Holding
Khalid Deemas Alsuwaidi was appointed by 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.
Khalid Deemas Alsuwaidi has approximately 15 years of banking experience, having held senior management positions with National Bank of Abu Dhabi and First Gulf Bank.
Master of Business Administration, minor in Management Information Systems and Strategic Planning (Widener University, USA)
Bachelor of Science/Computer Information Systems (Bethune Cookman College, USA)
*Independent (assessed as per Bank policies)
INDEPENDENT, NON-EXECUTIVE DIRECTOR Ahmed Saeed Al Calily
External Appointments:
Chief Strategy & Risk Officer (CSRO)
Member - Mubadala Investment Company
Ahmed Saeed Al Calily is the Chief Strategy & Risk Officer (CSRO) at Mubadala Investment Company, responsible for the company's corporate strategy and risk framework.
Before his appointment as CSRO, Ahmed was the CEO, Energy at Mubadala Development Company where he oversaw the company's energy assets in addition to being a member of the Investment Committee.
Ahmed was also the Director General of the Abu Dhabi Technology Development Committee where his main responsibility was to support the development of Science, Technology and Innovation in Abu Dhabi, through various strategic initiatives as well as through the effective coordination between various government stakeholders.
Prior to his appointment to the Abu Dhabi Technology Development Committee, Ahmed was the CEO & Managing Director of the Abu Dhabi Ports Company, where he played an instrumental role in the development of Khalifa Port.
Ahmed has also served as the Deputy Director of the Infrastructure and Services unit at Mubadala Development Company, where he led a number of major projects and initiatives in the infrastructure and services sectors.
Ahmed's diverse professional experience includes several leadership positions as well as board positions on various companies. Ahmed holds a Bachelor's degree in Economics and Political Science from Boston University.
Independent* Mohamed Ali Aldhaheri
- Chairman
- Invest AD
Mohamed Ali Aldhaheri 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.
Prior to joining Abu Dhabi Investment Council, Mohamed Ali Al Dhaheri was the Chief Operating Officer of the Treasury Department in Abu Dhabi Investment Authority. In addition to holding a number of board affiliations within several investment and banking institutions.
Secretary: Rami Raslan
For terms of reference click here
For the internal audit charter click here
The primary responsibilities and functions of the Audit & Compliance Committee are to provide assistance to the Board to fulfil its duties to ensure and oversee:
- The integrity of the Bank's financial statements;
- The qualifications, independence, performance and remuneration of the Bank's external auditors;
- The qualifications, independence and performance of the Bank's internal audit department;
- The Bank's compliance with legal and regulatory requirements, and the Bank's internal policies; and
- The Bank's internal controls, including controls over financial reporting and disclosure.
Generally, the role of the Audit & Compliance Committee is advisory in nature, with recommendations reported to the Board for final approval. However, in certain limited circumstances decisions may be taken by the Audit & Compliance Committee, which are binding on the Board; for example, approving the terms of engagement of the external auditor. The Audit & Compliance Committee holds a minimum of four meetings per year and provides regular reports to the Board.