DFSA | THE INDEPENDENT REGULATOR OF FINANCIAL SERVICES
Fadel Abdulbaqi  Al Ali

Fadel Abdulbaqi Al Ali

Chairman

Fadel Al Ali was appointed Chairman of the DFSA on 1 June 2021. His last position with First Abu Dhabi Bank (FAB) was as FAB’s Deputy CEO and Group Chief Operation Officer in 2021.

Prior to joining FAB, Mr 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. Mr Al Ali led the financial restructuring of Dubai Holding’s investment groups and led the new business model of Dubai Holding as a strategic investor.

Mr Al Ali started his career at Citibank in 1989, and left Citi in his capacity as UAE Head of Distribution, before joining Dubai Holding in 2004.

Mr Al Ali is a board member with Abu Dhabi Development Holding (ADQ). He is the Chairman of the Board of Directors of SHUAA Capital PSC, FAB (Suisse) Private Bank SA and MIRA BANK, SERBIA. He is the Vice Chairman of First Gulf Libyan Bank and is a board member of Al Nahdha Investments and IMKAN Waterfront, Morocco.

Mr 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. Mr Ali was appointed Deputy Chair of the Board in July 2020.

He is also a member of the Remuneration Committee, Audit Committee and Emirati Working Group.

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