Corporate Governance Committees
INDEPENDENT, NON-EXECUTIVE DIRECTOR Aysha Al Hallami
External Appointments:
- Aysha Al Hallami does not hold any external directorships.
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. Aysha Al Hallami does not hold any external directorships.
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)
NON-EXECUTIVE DIRECTOR Khalid Deemas Alsuwaidi
External Appointments:
- Group CEO of Das Holding
- Abu Dhabi National Takaful Company PSC, Vice-Chairman (2008), UAE
- Manazel Group, Non-Executive Director (2009), 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 with 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)
Independent, Non-Executive Director Sheikh Sultan Bin Suroor Al Dhaheri
Secretary: Rami Raslan
For terms of reference click here
For the internal audit charter click here
The primary responsibilities and functions of the Audit 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 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 Committee, which are binding on the Board; for example, approving the terms of engagement of the external auditor. The Audit Committee holds a minimum of four meetings per year and provides regular reports to the Board.