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Board of Directors

Fadel Al Ali

Fadhel A.B. Al Ali


Al Ali is the Chairman of the Board of Directors of SHUAA Capital since June 2019He currently serves as the Deputy CEO & Head of Corporate and Investment Banking of First Abu Dhabi Bank.

A strategic leader with extensive experience in corporate governance and commercial roles in a variety of business contexts such as start ups, rapid growth, fix-it and turnarounds. Focused on value creation to meet shareholder expectations. Breadth of experience, having worked in multiple industries including real estate, hospitality, investment and banking and having led corporate functional organizations such as Finance, HR, Legal, Business Excellence and Marketing and Communication.

Depth of banking experience in managing the risk to reward tradeoffs in the consumer business products, in setting client service goals and in achieving a profitable portfolio in a competitive working environment. Extensive experience on boards of publicly listed companies across industry sectors.

Prior to joining First Abu Dhabi Bank in 2017, Mr. Al Ali was the Chief Executive Officer of Dubai Holding, a global group with assets of USD 35 billion across 21 countries and interest in 14 economic sectors. Al Ali also served in a number  of C-Suite roles at Dubai Holding including as Chief Financial Officer and Chief Operating Officer.

Al Ali started his career at Dubai Municipality in 1987, before joining Citibank in 1989.  At Citibank Al Ali quickly rose up the ranks and was appointed as UAE Head of Distribution, before his departure to join Dubai Holding in 2004.

Al Ali is a member of the Executive Committee of First Abu Dhabi Bank and is a board member of  its  FAB(Suisse) Private Bank SA and Vice Chairman of  First Gulf Libya Bank. He is the Chairman of Board of Directors of MIRA Bank, Serbia. He is also  the Vice Chairman of  Dubai Financial Services Authority, and a board member of Abu Dhabi Development Holding (ADQ). 

Mr. Al Ali holds a Bachelor of Science in Industrial and System Engineering from University of Southern California.

Ahmed Bin Braik 2

Ahmed Bin Braik


Bin Braik is the Vice-Chairman of the Board of Directors of SHUAA Capital. A prominent UAE national banker, Ahmed Bin Braik ranks amongst the senior most finance professionals in the GCC and MENA region. Mr. Bin Braik initially joined Citibank N.A. in 1981 as an Account Officer – Relationship Management. Having held key roles such as Corporate Banking Head and Private Banking Group Head, to then become Business Manager UAE & Gulf, Mr. Bin Braik went on to lead Citibank N.A. UAE & Oman as CEO for 12 years. He established a diversified business in Commercial and Retail to become today a premier institution in the UAE and the first in many areas including leadership in credit cards and  winning of Dubai Quality Awards. During his tenure, Citibank N.A. registered an explosive growth in profits from a loss of AED 1 million in 1990, to touch a record AED 150 million.

Most recently, Bin Braik held senior positions within Majid Al Futtaim Holding (MAF) where he worked for nearly 10 years, retiring as the Deputy CEO of the Group Holding Company and a member of the Holding Board. Bin Braik was instrumental in shaping the overall strategy of the business, negotiating key joint ventures and making acquisitions for the Group including the successful signing of the JV Agreement with Orix and JCB International to issue credit cards. During his tenure at MAF, Bin Braik has held various key roles including the Chairman of MAF Ventures, Deputy Chairman of MAF Properties, Board Member of MAF Retail, MAF Trust, CEO of MAF Ventures and Acting CEO of MAF Properties.

Prior to joining MAF, Bin Braik founded and served as CEO of Dubai Bank, the first UAE Bank to be successfully launched in a record time of 4 months, thus creating a new benchmark in delivery cycles as well as sheer innovation in new products and services.

In addition, he was also Founder Board member of the Dubai International Financial Centre and Dubai Economic Council, as well as a board member of Bank Islam Malaysia, MasterCard Middle East, Emirates Institute for Banking and Financial Studies, Al Masraf Bank UAE, and British Telecom Saudia. 

A seasoned industry veteran, Bin Braik also currently holds the position as Chairman of 3D Consulting.

Bin Braik is a graduate of Leeds University, UK, and is a member of the Association of Accounting Technicians.

HE Hafsa Al Ulama

H.E. Hafsa Abdullah Mohamed Sharif Al Ulama


Her Excellency Hafsa Al Ulama serves as a Director on the Board of SHUAA Capital. She is currently the Ambassador of the United Arab Emirates (UAE) to the Federal Republic of Germany. Prior to this position, she was the Ambassador of the UAE to the Federative Republic of Brazil, Ambassador of the UAE to Montenegro, non-resident Ambassador of the UAE to Kosovo, and Managing Director of Abu Dhabi Capital Group (ADCG). She also held significant positions in the Ministry of Economy and Planning and Citibank UAE, where she became the first UAE woman Vice President in the UAE.

H.E. Al Ulama’s personal and social achievements include receiving the UAE Pride Medal for her achievements as Ambassador of UAE to Brazil at the Mohammed Bin Rashid Government Excellence Award in 2019, being named the Federal Personality of 2017 by the Emirates Centre for Strategic Studies and Research (ECSSR) and receiving the Order of Merit from the President of Montenegro in 2016.

H.E. Al Ulama holds an MSc in Analysis, Design and Management of Information Systems from London School of Economics and Political Science and a BA in Economics from San Diego State University.

Masood M Sharif Mahmood (1)

Masood M. Sharif Mahmood


Masood Mahmood serves as a Director on the Board of SHUAA Capital. He holds the position of Chief Executive Officer (CEO) of Yahsat, the UAE-based satellite communications operator, wholly owned by Mubadala Investment Company. In addition, Masood is Chairman of Broadband Connectivity Solutions as well as being a Board Member of the UAE Space Agency, Etihad Aviation Group, Yahlive, the satellite broadcasting venture between Yahsat and SES, as well as the EMEA Satellite Operators Association (ESOA), the global satellite industry trade association, and HNS Participacoes Empreendimentos S.A.. Prior to this, he held positions on the board of DU Telecommunications company and was the Chairman of its Investment committee.

Since his appointment as CEO in 2013, Masood has managed the full deployment of Yahsat’s operational capabilities on both government and commercial fronts, expanding the business’ global footprint to provide first-class satellite communication solutions.

Since joining Yahsat, Masood has carried on its business trajectory extending the growth of the company into 17 new markets, including Brazil in 2017, as well as leading its aspirations on being the region’s best-in-class multipurpose satellite operator. Yahsat continues its key role in supporting the UAE Government, besides furthering commercial reach with various services from YahClick satellite broadband, YahLink IP trunking and backhaul to Yahlive TV broadcasting. In 2018, Masood orchestrated the acquisition of Thuraya and its subsequent integration into Yahsat, complementing Yahsat’s fixed satellite services with Thuraya’s mobile satellite services.

Masood brings with him a wealth of experience having served on the board of several other companies from financial, industrial and manufacturing industries. He served as Deputy CEO at Yahsat prior to his appointment as CEO. He has also worked with Mubadala, as the Vice President of Mubadala’s Information and Communications Technology (ICT) unit, where he was in charge of corporate strategy and asset management of the ICT unit’s portfolio, which included companies such as DU, EMTS, Injazat and Yahsat. In addition, Masood has significant experience in investment management and business development having served for more than a decade at a number of high profile government and semi-government entities in the UAE such as Dubai Holding and the Executive Office of HH Sheikh Mohammed bin Rashid Al Maktoum.

Masood holds a Bachelor of Science degree in Computer Systems Engineering from Boston University, Massachusetts, USA and holds an MBA in Finance from McGill University, Montreal, Canada.

Murshed _Al _Redaini

Murshed Al Redaini


Murshed Al Redaini serves as a Director on the Board of SHUAA Capital. He holds the position of Group CEO of Yas Holding LLC (YHL), a UAE-based holding company with over 60 subsidiaries in the UAE and abroad. In addition to this, he is a Board Member of several companies including Mira Bank, a Serbian commercial bank, part of the United Arab Emirates-based Royal Group conglomerate.

Murshed joined Yas Holding in 2006 as CEO of C4 Advanced Solutions (now an EDGE Group company) and was appointed to Group CEO in 2015. Since this time he has overseen the growth and diversification of Yas Holding’s operational capabilities into a range of business sectors. Murshed has expanded the YHL group into nine new markets spanning three continents and multiple countries including Serbia, Morocco, Mauritania, Ethiopia, Sierra Leone, Indonesia, Malaysia, Iceland, Egypt, Jordan. The YHL Group continues to support the UAE’s strategic requirements including food security, education, healthcare, and government services.

Murshed had previously served in the UAE Armed Forces for 15 years. He holds a Bachelor Degree in Electronics Engineering from the USA and holds an MBA from the UAE.

Christopher _Ward  Copy

Christopher Ward BSc, FCA, CF


Chris Ward serves as a Director on the Board of SHUAA Capital. He has had over 30 years’ experience in corporate finance, during which time he has advised on many transactions and capital raisings in a wide variety of sectors and markets.

Chris was an equity partner of Deloitte in the UK from 1979 to 2008 (when he relocated to Dubai), and held a number of roles at various times, including Head of Corporate Finance Advisory in the UK and Global Head of Corporate Finance Advisory. More recently, from September 2008 to May 2011, Chris established and ran the Financial Advisory Services practice of Deloitte in the Middle East, as the Chief Executive Officer of Deloitte Corporate Finance Limited (DFCL), a company regulated by the Dubai Financial Services Authority. In February 2012, he joined the Board of Qannas Investments Limited, and has served as the Company’s chairman since then. From September 2014 to April 2018, he served on the Board of Gems Education Group, and chaired the Investment Committee of the Board..

Chris served from 2007 to 2011 as a member of the Board of the Corporate Finance Faculty of the Institute of Chartered Accountants in England & Wales (“ICAEW”). He was the Faculty’s Chairman from 2004 to 2008 and during his tenure the Faculty launched the Corporate Finance qualification. Until his move to Dubai, he was a member of the Council of the ICAEW. In 2011, he received the award of ‘Outstanding Achievement in Corporate Finance’ from the ICAEW.

Chris is a qualified UK Chartered Accountant (a Fellow of the ICAEW) and while at DFCL, was authorised by the Dubai Financial Services Authority to conduct investment business. Prior to moving to Dubai, he was authorised by the UK’s FSA. He is a graduate in Commerce & Accounting (B.Sc.) from Southampton University, and is a holder of the Corporate Finance qualification (CF).

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