Committees

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INDEPENDENT, NON-EXECUTIVE DIRECTOR Saeed Mohamed Hamad Almazrouei

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External Appointments
  • Abu Dhabi Retirement Pension & Benefits Fund, Non-Executive Director (2019), UAE
  • Moeve (formerly CEPSA), Non-Executive Director (2019), Spain
  • Yas Holding LLC, Non-Executive Director (2021), UAE
  • Edge Group, Non-Executive Director (2022), UAE

Saeed Mohamed Hamad Al Mazrouei joined the ADCB Board of Directors in 2019.

As the Managing Director and CEO of Abu Dhabi Investment Council Company, Saeed oversees one of the Emirate's leading sovereign wealth funds, bringing valuable insight into global investment dynamics and the macro-economic environment.

Previously, as Deputy Platform CEO of Direct Investments at Mubadala, Saeed demonstrated exceptional skills in managing capital allocation and implementing strategic investment decisions. His prior role as Deputy Chief Financial Officer at Mubadala further underscores his financial acumen, where he oversaw group-wide finance functions and treasury activities.

Saeed's diverse experience and extensive expertise in investment management, finance, and strategic leadership across various industries and geographies enable him to make a vital contribution to ADCB’s Board, contributing significantly to the Bank’s growth and strategic positioning.

Saeed earned a Bachelor's degree in Finance from Suffolk University in the USA, followed by a Master's degree in International Securities Investment and Banking from the University of Reading in the UK. He also has a Master's degree in National Security and Strategic Studies from the National Defence College in the UAE.

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NON-EXECUTIVE DIRECTOR Khaled H. Alkhoori

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External Appointments
  • Orient House for Development & Construction, Chairman (2006), UAE

Khaled H. Alkhoori was appointed to ADCB’s Board of Directors in 2012 and brings extensive experience across a number of key economic sectors in the UAE.

Khaled is the Managing Director and Board Member of Al Ain Holding, with strategic oversight of the company’s real estate development, hospitality, asset management and investment businesses. He is instrumental in driving the company’s growth, enhancing operational efficiency and delivering sustainable stakeholder value.

Khaled has also served as Chairman of Orient House for Development & Construction since 2006 and has held leadership roles in both the public and private sectors spanning diverse areas, including engineering, banking and investments.

He was formerly a board member of Abu Dhabi National Hotels, Chairman of ADNH Compass Middle East and board member of Abu Dhabi Marine for Real Estate Investment.

Khaled has a Master’s degree in Civil Engineering, and a Bachelor of Science in Civil Engineering, both from Northeastern University, USA.

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NON-EXECUTIVE DIRECTOR Aysha Al Hallami

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External Appointments
  • Abu Dhabi National Takaful Company PSC, Member (2023), UAE

Aysha Al Hallami joined the ADCB Board of Directors in April 2013, bringing a wealth of experience in finance and investment management to her role.

As Deputy Director in the Core Portfolio Department of Abu Dhabi Investment Authority (ADIA), Aysha plays a crucial role in managing one of the world's largest sovereign wealth funds. Her position at ADIA allows her to bring a breadth of investment knowledge to ADCB's Board.

Aysha's background in finance and business is an important asset in her role as a Board member, providing a strong foundation in financial analysis and strategic decision-making. Her experience, knowledge and leadership skills are particularly valuable in driving the Bank's long-term growth and sustainability amid a complex and fast-changing regulatory environment.

Aysha is a CFA Charter holder. She earned a Bachelor's degree in Business Sciences and Finance from Zayed University in the UAE, followed by a Master's degree in Finance and Banking from Cass Business School at City University in the UK. She has also completed a General Management programme and a Private Equity and Venture Capital programme, both at Harvard Business School in the USA.

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INDEPENDENT, NON-EXECUTIVE DIRECTOR Carlos Obeid

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External Appointments
  • Global Foundries Inc, Non-Executive Director (2012), USA
  • Mubadala Capital, Non-Executive Director (2021), UAE
  • Abu Dhabi Investment Council Company PJSC, Non-Executive Director (2022), UAE

Carlos Obeid joined the ADCB Board of Directors in 2019 and has extensive experience in finance, investment management and strategic leadership.

As the Chief Financial Officer of Mubadala, Carlos plays a crucial role in managing the organisation's financial strategy and operations, including treasury, financial planning, and governance. This experience enables him to bring important perspectives into global investment trends, risk management strategies, and financial best practice to the ADCB Board. His expertise in overseeing complex financial operations and driving financial performance is particularly valuable in guiding the Bank's strategy, balance sheet management and enhancing its competitive edge.

Prior to his current role, Carlos worked with the UAE Offset Programme Bureau, where he led various initiatives in privatisation, utilities, and financial services. He also serves on the boards of a number of organisations operating in various industries and geographies. This combined experience has equipped him with a deep understanding of both public and private sector dynamics, as well as the evolving domestic and international regulatory environment across multiple sectors.

Carlos obtained a Bachelor of Science in Electrical Engineering from the American University of Beirut, Lebanon, followed by a Master of Business Administration from INSEAD in Fontainebleau, France.

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Independent, Non-Executive Director Fatima Al Nuaimi

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External Appointments
  • K-MAC Enterprises, Member (2021), USA
  • Al Masar Investments LLC, Member (2023), UAE

Fatima Al Nuaimi joined the ADCB Board of Directors in 2022.

As the Co-Head of Mubadala Capital Solutions, Fatima oversees the platform’s permanent capital strategy, separately managed accounts and the Abu Dhabi Catalyst Partners business. Through this experience, she brings a comprehensive understanding of capital deployment and portfolio management in private markets globally.

Her career at Mubadala Capital, which began in 2011, has been marked by significant achievements in direct private equity and fund investments. Her expertise extends to leading high-profile transactions, including the acquisition of K-MAC, the second-largest Taco Bell franchisee in North America, and Mubadala's USD 2.5 billion partnership with Silverlake.

Fatima’s appointment to the Board aligns with ADCB's strategy to incorporate diverse perspectives and expertise in its governance structure. Her experience in investment management and private equity enables her to make a valuable contribution to the Bank's strategic decision-making processes, particularly in areas of capital allocation, risk management, and long-term investment.

Fatima holds a Bachelor's degree in Business Administration from the Higher Colleges of Technology in the UAE, graduating magna cum laude. She has also completed two financial certifications; Chartered Financial Analyst (CFA) and Chartered Alternative Investment Analyst (CAIA).

Secretary: Bashar Khairy

For terms of reference click here

The Executive Committee is responsible for:

  • The development and execution of the Group’s business plan as per the strategy approved by the Board;
  • The material aspects of the business of the Group; and
  • Reviewing and approving credit commitments.

The Board Executive Committee provides oversight with respect to the development and implementation of the Group's business and strategic plans and the risks associated with such plans.

The Board has delegated certain credit and lending authorities to management, at a level that the Committee considers to be reasonable and prudent.