The new board members are all highly qualified UAE national businessmen with extensive experience in the investment field.
The new board of directors seeks to harness Al Qudra Holding potential capabilities to contribute to the development of the Emirate of Abu Dhabi in addition to consolidating the company’s position as the strategic investor and business partner in the regional and global markets and take advantage of the renaissance experienced by the UAE in general and Abu Dhabi in particular.
After the board meeting, HE Hamad Bin Abdullah Al Shamsi was elected as the Chairman of Al Qudra Holding, HE Mohammed Abdullah Al Qubaisi as the Vice-Chairman, and Mahmood Ebraheem Al-Mahmood as the CEO and the Managing Director of Al Qudra Holding.
The new board of directors also include, Salem Rashid Al Niyadi, Amer Abdul Al Jalil Al Fahim, Mohammed Mubarak Al Mazrouei, Hamad Mubarak Al Shamsi, Mohammed bin Thaloub Al Diri and Khaled Salem Al Muhairi.
“I am honoured to have been elected as the Chairman for Al Qudra Holding and would like to take this opportunity to welcome on board all new Directors; I am confident our efforts will allow us to achieve greater achievements for the company, while reinforcing our position as the leader investment company in the public sector,” said Hamad Abdullah Al Shamsi, Chairman, Al Qudra Holding. “Our investment strategy includes attracting the highest calibre of competencies and expertise particularly the local talent that is interested in playing a pivotal role in contributing to our country’s development.”