ADQ, an Abu Dhabi-based investment and holding company, has appointed His Excellency 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.
His Excellency 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, His Excellency 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. His Excellency 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 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 Mr. Jawad Shafique, Director – Financial Services at ADQ, overseeing the organisation’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 His Excellency 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 experience and industry knowledge that will prove invaluable to ADX and will further strengthen the standing of Abu Dhabi as a global capital market.