Board of Directors

The Board of Directors is responsible for Mubadala’s strategic direction, oversight and corporate governance, ensuring the business delivers on the government of Abu Dhabi’s development and diversification priorities.

Shareholder support

As a state-owned enterprise working at the forefront of Abu Dhabi’s efforts to drive economic growth across multiple sectors, Mubadala benefits from the long-term support of its sole shareholder, the government of Abu Dhabi.

The company was established in 2002 by Emiri Decree No. 12, with a mandate to support the ongoing diversification and development of the emirate’s economy, and to deliver against the priorities set forth in the Abu Dhabi Economic Vision 2030.

The Mubadala Board of Directors annually reviews and approves the company’s strategic direction and business plans on behalf of the government of Abu Dhabi.

Board of Directors

Under the Mubadala Delegation of Authority, the Board delegates aspects of its authority for executive management to the Group Chief Executive Officer and Managing Director, Khaldoon Khalifa Al Mubarak, as well as to Mubadala’s Investment Committee.

Mubadala’s Board members include some of the UAE’s most senior public and private sector officials, with two individuals serving as current members of the Abu Dhabi Executive Council, the highest administrative authority entrusted with the Emirate’s general policies and strategies.

Audit, Risk and Compliance Committee

This committee comprises three non-executive Board members: Hamad Al Hurr Al Suwaidi as Chairman, Abdulhamid Mohammed Saeed and Mahmood Ebraheem Al Mahmood. It is mandated by the Board to oversee the financial, risk management and compliance activities of Mubadala.