Abu Dhabi: ADQ appoints new chairman of ADX, two board directors

Image: WAM

ADQ has appointed Ghannam Butti Al Mazrouei as the new chairman of the Abu Dhabi Securities Exchange (ADX), along with two new board directors.

Ghannam Butti Al Mazrouei has been a member of the board of directors at the exchange since 2015.

Along with his new title as chairman, Al Mazrouei is the secretary general of the Emirati Talent Competitiveness Council where he oversees a Dhs24bn programme that serves to increase and enable greater participation of UAE nationals in the private sector.

Al Mazrouei also serves on the boards of Abu Dhabi Retirement Pensions & Benefit Fund and AafaQ Islamic Finance.

Two new directors join the ADX board

Joining the exchange’s board is Reem Ali Khamis Beljafleh, head of Human Capital at ADQ. She brings over 15 years of professional experience in shaping human resource practices, elevating employee performance, and talent management to her role.

The board will also see Jawad Shafique, director of Financial Services at ADQ, will oversee the organisation’s investments in related sectors. He has more than 18 years of experience in investment management, mergers and acquisitions, turnarounds, and corporate restructuring.

The board of directors now comprises five members, with Kamal Al Maazmi, director general of Strategic Financial Affairs at the Department of Finance in Abu Dhabi, and Juma Al Hameli, chief strategy and business development officer at Abu Dhabi Global Market, retaining their seats.