Amanat Holdings board gets a new chair + vice chair: Dubai-based healthcare and education investment company Amanat Holdings has named its largest individual shareholder, Shamsheer Vayalil (LinkedIn), as the chairman of its board of directors on Friday, according to a disclosure (pdf) to the DFM. Vayalil succeeds Hamad Abdulla Alshamsi. Amanat also appointed Abdulla Mohammed Hassan Mohammed Alhosani as vice chairman.

Investment Minister Mohamed Hassan Alsuwaidi has stepped down from his position as a board member in Adnoc Distribution, the company said in an ADX disclosure (pdf). Besides serving as investment minister since July 2023, Alsuwaidi is the CEO of Abu Dhabi Development Holding (ADQ) and serves as chairman of ADX-listed Taqa.

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