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Board of Directors

Fadel Al Ali

Fadel Abdulbaqi Al Ali


Al Ali joined the SHUAA Capital board in June 2019. He currently serves as the Deputy CEO & Head of Corporate and Investment Banking of First Abu Dhabi Bank.

Since 2017, as Group Chief Digital & Customer Experience officer, Fadel helped accelerate FAB’s Digital  transformation.

Al Ali is a strategic leader with an impressive 30-year experience in leading large organisations and Board of Directors across multiple industries. His expertise lies 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.

Prior to joining First Abu Dhabi Bank in 2017, Al Ali was the CEO of Dubai Holding, a global group with assets of USD 35 billion across 21 countries and interest in 14 economic sectors. Under his visionary leadership, Dubai Holding recorded its highest-ever profit, since its inception. Al Ali started his career at Citibank in 1989, and later, was appointed UAE Head of Distribution, before parting ways to join Dubai Holding in 2005.

In addition to being a member of the Executive Committee of the First Abu Dhabi Bank,  Al Ali is on the board of Abu Dhabi Development Holding, FAB (Suisse) Private Bank SA and  Abu Dhabi Capital Group.

Al Ali holds a Bachelor of Science in Industrial and System Engineering from University of Southern California and a degree in High Performance Boards, International Institute of Management Development, Lausanne

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 and Emirates Institute for Banking and Financial Studies.

A seasoned industry veteran, Bin Braik currently holds directorships at Al Masraf Bank UAE, Dubai Economic Council and British Telecom Saudia.

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

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.

Abubaker Seddiq Alkhoori

Abubaker Seddiq Alkhoori


Abubaker Seddiq Alkhoori serves as a Director on the Board of SHUAA Capital. He is the Group CEO of Abu Dhabi Capital Group. Previously, he was the Chairman of Abu Dhabi Airports Company (ADAC), and was the Chairman of Aldar Properties and Chairman of The National Investor. Prior to that H.E. was the Managing Director of Sorouh Real Estate, and worked as the Assistant Director of the Abu Dhabi Investment Authority. 

Al Khoori has around 25 years of experience in the fields of finance and international investment. He is currently a board member of Abu Dhabi Ports Company (ADPC), A Board Member of ADCORP and Al Dhabi Investment Co..

Al Khoori holds a BA Degree in Finance from Linfield College in McMinnville, Oregon, USA, and is a certified Chartered Financial Analyst (CFA) and a member of AIMR

Masood M Sharif Mahmood (1)

Masood 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 to this position, he is a Board Member of the UAE Space Agency, DU Telecommunications company as well as Chairman of DU Investment committee. Masood is also a board member of Yahlive, a satellite broadcasting venture between Yahsat and SES, in addition to being a board member of the EMEA Satellite Operators Association, the global satellite industry trade association.

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.  Masood has carried on the 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. The company continues its key role to support the UAE Government, as well as furthering its commercial reach with its various services from YahClick satellite broadband, YahLink IP trunking & backhaul, as well as Yahlive TV broadcasting.

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 a Deputy CEO at Yahsat prior to his appointed as a CEO, and also worked with Mubadala, as their 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. This included companies such as DU, EMTS, Injazat, as well as Yahsat. In addition to this, Masood also has significant experience in investment management and business development having served for more than a decade in a number of high profile government and semi-government entities in the UAE, such as Dubai Holding and the Executive Office of HH Sheikh Mohamad bin Rashid Al Maktoum.

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

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. He was responsible for establishing the private equity and real estate fund placement business at Deloitte in the UK.

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.

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 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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