MSc Finance & Banking (Cass Business School, City University, UK)
Member of President Clinton America 2000 Task Force, Washington, DC., USA, Acting Chairman and Group CEO of Midmar Holding, Johannesburg, South Africa. To read relevant policy please see below: The Board Secretariat delivers Board papers to the Board by means of a secure iPad application. The Abu Dhabi Investment Authority (ADIA) is a major purchaser of U.S. institutional real estate through various sub-entities. Kaltham is a graduate of the American University in Dubai, specializing in Business Administration. The Board maintains awareness of the other commitments of its Directors and is satisfied that these do not conflict with their duties and time commitments as Directors of the Bank. 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. The solid performance of our initial portfolio as well as the rapid development of our investment platform and capability meant we were quickly entrusted by the Federal Government with further assets to manage and invest on behalf of the nation. In his capacity as Minister of Cabinet Affairs and The Future, Al Gergawi led the development of the UAE National Agenda and Future Foresight Strategy. The Emirates Investment Authority (EIA), an authority owned by the Federal Government, was established through Federal Decree Law No. HE Dr Sultan Ahmed Al Jaber is a member of the UAE Federal Cabinet, Minister of Industry and Advanced Technology, the UAE's special envoy on climate change, Chairman of Masdar, and President-Designate of COP28 - the first CEO to serve in this role. Phone Number (971) 241-5000. Dr. Al Jaber also holds several leadership roles and advisory positions and counsels on issues related to Energy, Economics, Strategic Communications & Sustainable Development. Devoting his career to progress, bold ideas and teamwork, His Excellency has positioned ADIO to always seek new ideas and challenges in order to promote Abu Dhabi globally. H.E. Collectively, the Board possesses knowledge, experience and skills appropriate for the Bank. Abu Dhabi Investment Group (ADIG) is the investment arm of Bin Aweidha Holding and based in Abu Dhabi. ADIA Lab announces Advisory Board, academic collaborations and Kaltham Al Ghafli is a Senior Investment Manager in the External Equities Department in ADIA. Get the full list, Youre viewing 5 of 98 team members. In addition, the Board Secretariat works with various external providers to source suitable tailored training sessions. He is the Founding Member and Chairman of AlNowais Investments. . [7], ADIA manages a substantial amount of capital, and is one of the world's largest investment funds. H.E. Its investments in global real-estate at the market top in 2008 have also decreased substantially in value. He was also responsible for all Treasury activities including Mubadalas bond issuances and project financing. The scope of the audit is agreed between the Audit Committee and the auditor. He also sits on a number of boards, including AXA and Emirates Post Group. Ms. Ghobash currently serves as a board member of Abu Dhabi National Oil Company for Distribution (ADNOC Distribution), Emirates Telecommunications Group Company Etisalat, Emirates Development Bank and Zayed University. All rights reserved. It has overall responsibility for leading, supervising and controlling the Bank and is accountable to the shareholders for creating and delivering sustainable shareholder value through its guidance and supervision of the Bank's business. Sheikh Mansour Bin Zayed Al Nahyan is the Deputy Prime Minister and Minister of Presidential Affairs of the UAE. Dr. Tariq Bin Hendi was recently the Chief Investment Officer of Group 42 (G42). A seasoned banker with strong leadership skills across all facets of the business and with extensive expertise in strategy, finance, risk, investment, credit and corporate governance. Furthermore, as a Management PHD holder, he progressed to be a leader in education, healthcare and finance. The BRC also guides management on risk appetite across sectors, geographies and customer types. Emirates Investment Authority (EIA) is the only Sovereign Wealth Fund of the Federal Government of the United Arab Emirates. The Abu Dhabi Investment Authority (ADIA) is a major purchaser of U.S. institutional real estate through various sub-entities. Board of directors. The Abu Dhabi Investment Authority (Arabic: , ADIA) is a sovereign wealth fund owned by the Emirate of Abu Dhabi (in the United Arab Emirates) founded for the purpose of investing funds on behalf of the Government of the Emirate of Abu Dhabi. MSc International Securities Investment and Banking (University of Reading, UK)
As Chairman of the Board, H.H. It periodically reviews and monitors compliance with the Group's overall risk appetite and makes recommendations thereon to the Board. As Vice Chairman and Managing Director of Dubai Future Foundation, he heads an entity tasked with implementing the Dubai Future Agenda. The Audit Committee also periodically meets separately with the Banks internal auditors and the external auditor in the absence of management. H.E is the Chairman of Emirates Water & Electricity Company and the Vice Chairman of Abu Dhabi Power Corporation and a member of the Board of Directors for Emirates Global Aluminum, Aramex Logistics Company, Minas de Aguas Teidas Copper Mine, Sociedad Minera de . ADIA has robust governance standards with clearly defined roles and responsibilities that ensure accountability. In addition to this, he is currently a board member in Abu Dhabi Housing Authority and a member of Investment Committee in Sandooq Al Watan. In driving ADNOCs 2030 strategy toward a more profitable upstream, more valuable downstream and more sustainable and economic gas supply, Dr. Al Jaber has also led a digital transformation at the company. Abu Dhabi Investment Authority has made 51 investments. Al Gergawi is the Secretary-General of the Mohammed bin Rashid Global Initiatives (MBRGI), a philanthropic foundation that combines under its umbrella over 30 humanitarian and developmental initiatives and entities. Details of all transactions in which a Director and/or other related parties might have potential interests are provided to the Board for its review and approval. MSc National Security and Strategic Studies (National Defense College, UAE)
Telephone: +97124190000 PO Box 3235, International Tower, ADNEC Capital Centre, Abu Dhabi United Arab Emirates . Governance - ADIA Al Marri held important positions in the government as a senior, top-ranking official. Gains Strategic Assets: Al Masraf, Emirates Post and Emirates Transport. Governance structures in place- kick starts reputation as standard-bearer for good governance. ADCB has implemented a Directors' conflicts of interest policy. . We quickly established a formal, three-stage investment process consisting of: rigorous pre-screening and initial due diligence; followed by Investment Committee review and debate; and final investment decision-making from our Executive Committee. As Chairman of the Board, H.H. He has completed a General Management Program from Harvard Business Schools and holds Bachelor in Business Administration with Honours.
H.E. Abu Dhabi Investment Council - Wikipedia Almost every asset class is managed both internally and externally. EIA invests into a globally diversified investment portfolio. Al Marri is a member of the Boards of Directors of different federal entities. [6][citation needed], In the Bank of Credit and Commerce International scandal of the 1990s, ADIA reportedly lost hundreds of millions of dollars. We first developed an effective corporate governance framework with a strong board of directors and an active Executive Committee which reflected the unique nature of our mandate. UAE Federal Laws, including the Federal Law No.2 of 2015 Concerning Commercial Companies, as administered by the Ministry of Economy and the Department of Planning and Economy, in addition to any other local regulatory authorities of the Emirates. In 2006, while at Mubadala, at the direction of the UAE leadership, he helped establish Masdar, Abu Dhabis pioneering renewable energy initiative, and served seven years as its CEO, guiding its global contribution to clean technology and sustainable development. Reporting to H.H., the Managing Director his current responsibilities at ADIA include asset allocation, portfolio management and strategic decisions. Executive Director of the Institute of Multi-Cultural Studies, University of Denver, Colo, USA. H.E Mohammed Al Shuwaidi holds a B.Sc. All three functions cover all banking activities in general and key risk areas in particular. Between 1981 and 2014, he led strategic positions in the government of United Arab Emirates including Minister of Health, Minister of Oil and Natural Resources, Vice President of OPEC, Chairman of the Executive Board of the Arab Ministers of Health, Establisher and Chairman of the Executive Board of the Federal Environment Agency, Chairman of the Executive Board of Emirates Petroleum, Member of the Advisory Board of Eastern Mediterranean Regional Organization World Health Organization, Member of the Board of Trustees of Emirates Foundation, a philanthropic organization set up by the Government of the Emirate of Abu Dhabi, Member of the Board of Abu Dhabi Council for Economic Development an economic policy advisory council established by law in the Emirate of Abu Dhabi. According to federal laws and the Bank's articles of association, Directors may not receive any remuneration in respect of a year where the Bank does not achieve net profits. Reporting to H.H., the Managing Dir. The Bank's policy is to, so far as possible, only engage in transactions with related parties (including Directors) on arm's length terms. The Board Secretariat assists the management by helping them to understand the requirements and directions of the Board and proactively facilitates the governance of the Bank. Win whats next. Get the full list, Youre viewing 5 of 8 board members. Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister, Minister of Presidential Affairs and Chairman of the Board of Directors of the Emirates Investment Authority (EIA), the ABU DHABI, H.H. This includes both developed and emerging markets, EIA has investments in the Americas, Europe, Asia and the Middle East. And a Chairman at Emaar Malls PJSC and an Independent Director at Badwa Capital Ltd.He previously served on the board of The National General Insurance Company and Takaful House, both publicly listed insurance companies, and was appointed as the interim chairman of Dubai Bank after its takeover by Emirates NBD. The Board of Directors comprises a Chairman, Deputy Chairman, Managing Director and board members who are appointed by an Emiri Decree of the Ruler of the Emirate of Abu Dhabi. Both loans will require onlending He was also the focal point for a number of comprehensive strategic partnerships with a number of countries. Aysha Al Hallami does not hold any external directorships. Descendant of Bin Aweidha Family which played prominent role in founding UAE Politically and Economically. G42 is oriented to development of AI industries in the government sector, healthcare, finance, oil and gas, aviation and hospitality. 17 May, 2021. Mr. Quarta graduated from the College of the Holy Cross. Each asset class has its own fund managers and in-house analysts covering it. We also significantly expanded the international scope and reach of our investment portfolio and further developed our internal guidelines, operations, institutional functions and architecture. His dedication to advancing the United Arab Emirates has been demonstrated through numerous director and chairman roles in major financial institutions and government bodies: Chairperson of the Board of UAE Central Bank, Chairperson of the National Bank of Abu Dhabi, Member of the Supreme Petroleum Council, Board Member of ADIA, Chairman of Abu Dhabi National Insurance Company, Member of Allianz International Advisory Board and Chairperson of the Arab Banking Corporation. The Central Bank the Central Bank provides prudential supervision of banking activities. Al Ramz Corporation, one of the most active brokerages and investment companies in the UAE, trading member and clearing member in Dubai Financial Market DFM, Abu Dhabi Exchange and Nasdaq Dubai for equities, bonds, SUKUK and futures, also a market maker and liquidity provider in the local three markets. H.E. Carlos Obeid joined the ADCB Board of Directors in 2019. The Bank is committed to sound corporate governance practices. 10 The terms and conditions of hard-term and those of regular-term loans in 2013. ADIA does not seek to manage or take an operational role in the companies in which it invests. He holds a Bachelors Degree in Economics from Northeastern University of Boston, Massachusetts, U.S.A. Mr. Mohamed Hadi Al Hussaini is the Chariman of Emirates Integrated Telecommunications Co. PSJC, and currently he sits on the board of Emirates NBD, Em. It often buys partial interest ownerships with leading real estate managers. It is primarily involved in the establishment of Abu Dhabi National Bank 1968, and working in multiple sectors such as Banking, Financial services as well as Insurance services and manages investments. In addition, he serves as a member of the Board Directors in Emirates Investment Authority. His memberships allow him to actively support the development of priority sectors in the country such as the Golden Visa initiative, which seeks to attract talented individuals from across the world. 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. 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 companys growth strategy, supporting various acquisitive transactions and asset monetizations. Where a Director is interested, the interested Director neither participates in the discussions nor votes on such matters. Abu Dhabi Investment Authority (ADIA) is a public institution established in 1976 by the Government of the Emirate of Abu Dhabi as an independent government investment institution. Board Of Directors - Abu Dhabi Pension Fund H.E. Board of Directors Board of Directors Management Team Committees Documents Investors Overview About Us Financial Information Bond Information Share Information Calendar Analyst Coverage Corporate Governance Board of Directors Management Team Committees Documents Company Announcements IR Contact Investor FAQs Investments ADIA manages a diversified global investment portfolio across more than two dozen asset classes and sub-categories. Previously, Dr Bin Hendi was the Director General of the Abu Dhabi Investment Office (ADIO) since October 2019. He has also been Chairman of Emirates Financial Services. Staff - EIA The Boards Nomination, Compensation, HR & Governance Committee is responsible to ensure that independent directors remain independent on a continuous basis. ADIA is a public institution established by the Government of the Emirate of Abu Dhabi in 1976 as an independent investment institution. Mr. Al Kindi received an honorary doctorate from Eastern Michigan University, where he had previously earned a B.S. Lecturer & Head of Legal Affairs, High Commercial Institute, Kuwait, Published books on law that are adopted as text books in UAE and Kuwait University respectfully, Legal Advisor and Head of Legal Office; Ministry of Economy & Commerce, UAE, Legal Advisor of the Executive Council of the Emirate of AUH, Owner of Ghanayem Legal & Management Consultancy EST, Treasurer & Account Officer in Charge of Citibanks Financial Institutions in Dakar, Vice President Citibank Private Bank, Geneva, Managing Director Sahara Financial Management Services, Regional Director of Ecobank for Middle East, North Africa & India, Vice Chairman at Signature Africa Ventures. Also, he is a graduate of the UAE Government Leaders Program and Mohammed Bin Rashid Center for Leadership Development. MSc Computer Science (University College London, UK)
In 2008, ADIA co-chaired the International Working Group of 26 sovereign wealth funds that produced the "Generally Accepted Principles and Practices of sovereign wealth funds" (known as the Santiago Principles). ADCB Board of Directors | ADCB Prior to joining ADIO, His Excellency held leadership roles at various institutions, including Emirates NBD, Mubadala, and Citibank. Abdulla Bin Touq Al Marri was appointed Minister of Economy of the United Arab Emirates (UAE) under the new government structure approved in July . She has also successfully completed the General Management Program at Harvard Business School. The internal audit group (IAG) is responsible for the evaluation of the Bank's risk management, control and governance processes. 4 of 2007 and amended by Federal Decree Law No. In the context of strengthening cooperation between AAAID and Abu Dhabi Chamber of Commerce and Industry, a memorandum of understanding was signed that aimed Abu Dhabi Investment Authority has 3 board members and advisors, including Shubhrawpratap Dasgupta. At EIA, we value our staff as one of our most . Abu Dhabi Investment Authority's new research centre makes its debut In 2009 he led Masdars efforts in the UAEs successful bid to host the headquarters of the International Renewable Energy Agency (IRENA). Board of Directors - ADIA In addition, the risk management and compliance functions monitor control activities on an ongoing basis. As the central government hub supporting investment in Abu Dhabi, we are committed to growing the emirate's private sector and diversifying its economy. Its board of directors, which is made up of members nominated by the two companies, is responsible for directing the company's independent strategy and developing its business. Delegation of authority - monitoring matters delegated to Board Committees, Management Committees and management. The Board of Directors (the "Board") is the Bank's principal decision-making forum. Aramis Partners | Board of Directors In this role, he oversees platform-wide activities, supports the delivery of the platforms investment strategy, manages the platforms capital allocation, ensures the successful implementation of capital deployment and monetization transactions and assesses value, risks and expected returns. The most relevant comments from the evaluation are presented to the Board, in the form of an action list, and its implementation is monitored by the Board's Nomination, Compensation, HR & Governance Committee. It often buys partial interest ownerships with leading real estate managers. Sheikh Mansour Bin Zayed Al Nahyan is the Deputy Prime Minister and Minister of Presidential Affairs of the UAE.
Board of Directors | FAB - UAE - Bank (FAB Board of Directors Members and Their Duties | AD Ports Group Any additional work proposed to be performed by the external auditor is reviewed by and approved by the Audit Committee on an item-by-item basis. The fund manages a diversified global investment portfolio across more than two dozen asset classes and sub-categories, including quoted equities, fixed income, real estate, private equity, alternatives, and infrastructure. The Board iPad application is also used to provide Directors with access to other relevant information, and induction documentation. ADIAs Managing Director has responsibility for implementing ADIAs strategy and its investment and operational activities. [4][2], The fund is a member of the International Forum of Sovereign Wealth Funds. Mr. Al Darmaki joined Abu Dhabi Investment Authority (ADIA) in 1976 as Director, Bond & Equity department. Former board positions include: Chairman of Abu Dhabi Commercial Bank, Vice Chairman of the Abu Dhabi Investment Company, Governor of the Board of the CFA Institute . The Banks internal controls over financial reporting include policies and procedures that (i) are designed to ensure maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the Bank; (ii) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with accounting principles, and that receipts and expenditures of the Bank are being made only in accordance with authorizations of management and directors of the Bank; and (iii) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use, or disposition of the Banks assets that could have a material effect on the financial statements. Compliance with anti-money laundering procedures and internal training in such procedures is also developed and administered by the Group Compliance department. Al Gergawi is the Board Chairman of the Federal Competitiveness and Statistics Authority (FCSA), the government body responsible for developing and enhancing the countrys performance in the areas of global competitiveness and statistics. The Board Secretariat actively engages with the Chairman, Committee Chairman and management to ensure that agendas are appropriate and meetings are effective. Prior to CD&R, he served as CEO of BBA Group plc from 1993 to 2001, leading the successful restructuring and reorganization of the company, and continued to serve as chairman from 2001 to 2006. The Board of Directors of the Emirates Investment Authority consists of a group of distinguished and accomplished individuals, led by His Highness Sheikh Mansour Bin Zayed Al Nahyan as its Chairman. In 2019, Dr. Al Jaber received a lifetime achievement award from his Excellency the prime minister of India, Narendra Modi, for his contributions to energy security, building bridges to emerging Asian economies and for reshaping traditional energy business models. As well as acting as administrator for the Board's activities, the Board Secretariat works closely with both the Board of Directors and the management to facilitate communication and transparency.