External Appointments:
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:
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:
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 monetization 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 monetizations. 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)
Fatima Al Nuaimi was appointed by the ADCB shareholders to join the ADCB Board of Directors in 2022.
Fatima Al Noaimi joined Mubadala in 2011 and is currently a Senior Principal on the Mubadala Capital Private Equity team. She has over ten years of experience in funds and direct private equity investments. Some of the most recent investments Fatima has led include the following: acquisition of KMAC, the second largest Taco Bell franchisee in North America; Mubadala’s $2.5billion partnership with Silverlake including both an investment in the Silverlake General Partner and an anchor commitment to a new Long-Term Capital Fund.
Fatima graduated magna cum laude from the Higher Colleges of Technology with a B.S. in Business Administration. She is also a CFA and CAIA charter holder.
Secretary: Rami Raslan
For terms of reference click here
In determining the composition of the Board, the Nomination, Compensation, HR & Governance Committee considers the knowledge, skills and experience, which are anticipated to be required by the Board. No Director participates in any decisions regarding their own appointment or remuneration. The Nomination, Compensation, HR & Governance Committee is authorized to take certain appointment and remuneration decisions which may bind the Board. In all other cases, recommendations are made to the Board for final approval.
The Nomination, Compensation, HR & Governance Committee monitors the developments in corporate governance regulations, practices and procedures both locally and internationally to ensure that the Bank's corporate governance framework remains up to date and adequate for the purposes it serves.