8
January
2024
Disclaimer

NOT FOR PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, OR ANY OTHER STATE OR JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL.

This information does not constitute an offer, or an invitation to purchase, securities of Abu Dhabi Developmental Holding Company PJSC (ADQ) in the United States or in any other jurisdiction in which such offer or invitation is not authorised or to any person to whom it is unlawful to make such offer or solicitation.  Potential users of this information are requested to inform themselves about and to observe any such restrictions.ADQ's securities cannot be offered, sold, transferred or otherwise disposed of, in the United States, or to, or for the account or benefit of, U.S. persons (as defined in Regulation S under the Securities Act of 1933, as amended (the Securities Act)), absent registration, or an exemption from, or in a transaction not subject to, the registration requirements under the Securities Act.  ADQ has not registered, and does not intend to register, any of its securities under the Securities Act or to conduct a public offering of securities in the United States.This communication has not been approved by the United Kingdom Financial Conduct Authority. This communication does not constitute an offer of the securities to the public in the United Kingdom. This communication is being distributed to and is directed only at (i) persons who are outside the United Kingdom or (ii) persons who are investment professionals within the meaning of Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the Order), and (iii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order, and (iv) any other persons to whom it may otherwise lawfully be communicated or caused to be communicated (all such persons in (i) to (iv) together being referred to as Relevant Persons). Any investment activity to which this communication relates will only be available to and will only be engaged with, Relevant Persons. Any person who is not a Relevant Person should not act or rely on this communication or any of its contents.This is an advertisement and not a prospectus for the purposes of Regulation (EU) 2017/1129 (the Prospectus Regulation). Investors should not subscribe for or purchase any securities referred to in this advertisement except on the basis of information contained in the base prospectus.

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.

No items found.

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.

Direct to your inbox

ADQ News and Insights delivered directly to your inbox

Latest News

The ADQ FWD platform brings together industry experts, government, and advocacy leaders to discuss and address issues of economic and strategic importance for the UAE.