Abu Dhabi’s EDGE Group appoints ADQ’s group CIO as new CEO

Abu Dhabi-based Edge Group has appointed Mansour Mohamed AlMulla as its new managing director and CEO.

Meanwhile, Faisal Al Bannai, the company’s erstwhile chief, assumes the new role of executive chairman of the board of directors.

We are pleased to announce that H.E. Faisal Al Bannai has assumed the new role of Executive Chairman of the Board of Directors at #LeadingEDGE. Join us in welcoming Mansour Mohamed AlMulla, who now assumes the role of our new Managing Director and CEO. https://t.co/knHTSVHRKO pic.twitter.com/dgG0IUlk2v

— EDGE (@_edgegroup) January 31, 2022

AlMulla’s professional career spans over two decades, with several leadership positions at major entities across the UAE. He was most recently the group chief investment officer at ADQ, a post he held for close to a year, according to his LinkedIn profile. He also held various senior management positions at Mubadala Investment Company, including chief financial officer at Mubadala Petroleum, a statement said.

AlMulla is also a board member of the Abu Dhabi National Energy Company (Taqa), Abu Dhabi Ports Company, Abu Dhabi Global Market, and Etihad Aviation Group.

The EDGE Group has announced a re-organisation of its board as it gears for its next growth phase. Other members of Edge’s new board include Kamal Al Maazmi, Khalifa Al Suwaidi, Mohamed Saif Al Ariyani, Saeed Al Mazrouei, and Samer Saleh Abdulhaq, the statement added.

“The addition of Mansour to the new board of directors will create a fertile environment for further growth as EDGE moves to grow its footprint in the region and in key markets around the world,” said Faisal Al Bannai.

In November, Edge Group had announced that its aircraft solutions entity, Gal, has been awarded a Dhs11bn contract to supply the UAE Air Force and Air Defence (AFAD) with maintenance, repair and overhaul (MRO), and specialised support.

Read: Edge group unit wins Dhs11bn contract from UAE Air Force and Air Defence