ADQ appoints new Chairman ofAbu Dhabi Securities Exchange (ADX) and two new Board Directors

Abu Dhabi, UAE –8 January 2023: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.