Sign in
ADX gets new chairman..: Sovereign wealth fund Abu Dhabi Developmental Holding Company (ADQ) has appointed Ghannam Butti Al Mazrouei (LinkedIn) as the new chairman of the Abu Dhabi Securities Exchange (ADX), according to a company statement. Al Mazrouei also serves as Secretary General of the Emirati Talent Competitiveness Council and is on the boards of Abu Dhabi Retirement Pensions & Benefit Fund and AafaQ Islamic Finance.
…and two new board directors: Head of Human Capital at ADQ Reem Beljafleh (LinkedIn) and Director of Financial Services at ADQ Jawad Shafique (LinkedIn) also joined ADX as new board directors. Beljafleh boasts over 15 years of experience in human resource practices, improving employee performance, and talent management, while Shafique has 18 years of experience in investment management, M&A, turnarounds, and corporate restructuring.
2PointZero appoints chairman and CEO: Recently launched subsidiary of International Holding Company (IHC) 2PointZero has appointed current Climate Change and Environment Minister Mariam Almheiri (LinkedIn) as its CEO, according to an ADX disclosure (pdf). The company has also appointed Chairman of the National Media Office Sheikh Zayed bin Hamdan bin Zayed Al Nahyan as its chairman.
REMEMBER-Earlier this month, Abu Dhabi’s International Holding Company established 2PointZero, a new holding company with assets worth USD 27 bn, encompassing Chimera Investment, Lunate, Citadel Technologies, Sagasse Investments, Beltone Financial Holding, and International Resources Holding. IHC will retain an 87% ownership stake in 2PointZero, with the remaining 13% ownership remaining undisclosed.
