REG - Majid Al Futtaim Hld - Majid Al Futtaim Holding LLC Board Chairman

Commercial International Bank Egypt CIBAnnouncement

24/06/2025 09:45

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RNS Number : 1492O  Majid Al Futtaim Holding LLC  24 June 2025

Disclosure Announcement

 

Majid Al Futtaim Holding LLC Board.

Effective 23 June 2025, Mr. Fadel Abdulbaqi Al Ali was appointed Chairman of
Majid Al Futtaim Holding LLC's Board of Directors.

Fadel Abdulbaqi Al Ali

Mr. Fadel Abdulbaqi Al Ali brings extensive experience in financial services,
corporate governance, and strategic leadership. He also currently serves as
Chairman of the Dubai Financial Services Authority (DFSA), Vice Chairman of
the Board of Directors of Wio Bank and is a board member of the Commercial
International Bank of Egypt.

 

Previously, Mr. Al Ali held notable executive roles including Deputy CEO and
Group Chief of Operations at First Abu Dhabi Bank, and CEO of Dubai Holding.
He started his career at Dubai Municipality in 1987 before joining Citibank in
1989, where he rose to become UAE Head of Distribution. Throughout his career,
Fadel Abdulbaqi Al Ali has been instrumental in shaping institutional
strategy and advancing the UAE's financial sector.

 

 

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