8
January
2024
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ADQ appoints new Chairman of Abu Dhabi Securities Exchange (ADX) and two new Board Directors

Highlights

ADQ, an Abu Dhabi-based investment and holding company, has appointed H.E. Ghannam Butti Al Mazrouei as the new Chairman of Abu Dhabi Securities Exchange (ADX), one of the fastest growing exchanges in the world, along with two new Board Directors.

H.E. Ghannam Butti Al Mazrouei has been a member of the Board of Directors at ADX since 2015. In addition to his new role as Chairman, H.E. Al Mazrouei is the Secretary General of the Emirati Talent Competitiveness Council where he oversees an AED 24 billion program that serves to increase and enable greater participation of UAE nationals in the private sector. H.E. Al Mazrouei also serves on the boards of Abu Dhabi Retirement Pensions & Benefit Fund and AafaQ Islamic Finance.

Joining ADX as new board directors are (i) Ms. Reem Ali Khamis Beljafleh, Head of Human Capital at ADQ, bringing over 15 years of professional experience in shaping human resource practices, elevating employee performance, and talent management to her role, and (ii) Mr. Jawad Shafique, Director – Financial Services at ADQ, overseeing the organization’s investments in related sectors with over 18 years of experience in investment management, mergers and acquisitions, turnarounds, and corporate restructuring.

The ADX Board of Directors now comprises five members, with H.E. Kamal Al Maazmi, Director General of Strategic Financial Affairs at the Department of Finance in Abu Dhabi, and Juma Al Hameli, Chief Strategy & Business Development Officer at Abu Dhabi Global Market, having retained their seats. Each member brings with them a wealth of experience and industry knowledge that will prove invaluable to ADX and will further strengthen the standing of Abu Dhabi as a global capital market.

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About ADQ

Established in 2018, ADQ is an Abu Dhabi-based investment and holding company with a broad portfolio of major enterprises. Its investments span key sectors of the UAE’s diversified economy including energy and utilities, food and agriculture, healthcare and life sciences, and mobility and logistics, amongst others. As a strategic partner of Abu Dhabi’s government, ADQ is committed to accelerating the transformation of the Emirate into a globally competitive and knowledge-based economy.

For more information, visit adq.ae or write to media@adq.ae. You can also follow ADQ on X, Instagram and LinkedIn.

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