Abu Dhabi Development Holding (ADDHC), an entity set up last year to monitor and guide development service companies in the UAE capital, has appointed Mohamed Hassan Al Suwaidi as its new chief executive officer.
The announcement was made during the ADDHC board of directors meeting chaired by Sheikh Tahnoun bin Zayed Al Nahyan.
Al Suwaidi has extensive experience in various sectors gained from his tenure with Mubadala Investment Company, where he held several investment management positions covering sectors such as real estate, hospitality, infrastructure, utilities, technology, metals, mining and agriculture.
He also has expertise in retail banking and accountancy.
Al Suwaidi also sits on the board of some of the largest regional companies. He is currently the chairman of Emirates Water and Electricity Company, deputy chairman of Abu Dhabi Power Corporation, and a member of the board of Emirates Global Aluminium, Emirates Nuclear Energy Corporation, and Aramex.
He has also served on the boards of multinationals from countries around the world such as Spain, Colombia, Guinea, China and Bahrain.
Source: Trade Arabia