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RNS Number : 3310Q Majid Al Futtaim Holding LLC 09 July 2025
Disclosure Announcement
Majid Al Futtaim Holding LLC Board.
Effective 8 July 2025, Mr. Zein Abdalla and Mr. Iyad Malas were appointed as
non-executive members of Majid Al Futtaim Holding LLC's Board of Directors.
Zein Abdalla
Zein Abdalla joined the Majid Al Futtaim Holding Board of Directors in July
2025. He brings vast experience from long tenures at global companies where he
gained expertise in corporate and general management, supply chain
procurement, global brand management, and innovation and global strategy in
both developed and emerging markets.
He spent 19 years with PepsiCo Inc. where he held a number of senior executive
positions including President. Prior to joining PepsiCo, he had a diverse
16-year career with Mars Inc. where he served as General Manager of the Middle
East and North Africa business.
Mr. Abdalla currently serves as Chair of the Mastercard Foundation, Board
Member of Cognizant, Board Member of the Kuwait Food Company (Americana),
Board Adviser to Mars Inc., and Member of the Advisory Board of the Imperial
College Business School.
Iyad Malas
Iyad Malas joined the Majid Al Futtaim Holding Board of Directors in July
2025. He brings over 35 years of experience in various senior roles, spanning
many countries and industries, including real estate, retail, leisure &
entertainment, financial services, and investments.
His previous experience includes five years as a Partner at Gateway Partners,
a private equity firm, CEO of Majid Al Futtaim Trust and Majid Al Futtaim
Holding (2007 - 2015), Chief Operating Officer and Head of Asset Management at
EFG Hermes, Egypt and a long career at the International Finance Corporation
in both the USA and India.
Mr. Malas is currently the CEO of Al Ghurair Group and sits on the Board of
Directors of a number of listed companies including Mashreq Bank, National
Cement Company and Polyplex corporation in both India and Thailand.
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