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Mohamed Hassan Al Suwaidi named CEO of ADDHC in Abu Dhabi

New CEO joins Abu Dhabi Development Holding Company after cross-sector experience at Mubadala Investment Co

Mohamed Hassan Al Suwaidi is ADDHC's new CEO.
Mohamed Hassan Al Suwaidi is ADDHC's new CEO.

Government-owned public trading firm Abu Dhabi Development Holding Company (ADDHC), which is chaired by HH Sheikh Tahnoun bin Zayed Al Nahyan, has appointed Mohamed Hassan Al Suwaidi as its chief executive officer.

ADDHC was established in March 2018 with a capital value of $136m (AED500m), and aims to monitor and guide development service companies in the UAE capital.

An expert in retail banking and accountancy, Al Suwaidi has previously worked at Mubadala Investment Company in various investment management positions.

During his tenure at the firm, Al Suwaidi worked across sectors including real estate, hospitality, infrastructure, utilities, technology, metals, mining, and agriculture.

Al Suwaidi currently serves as the chairman of Emirates Water and Electricity Company, and is also the deputy chairman of Abu Dhabi Power Corporation. 

Additionally, ADDHC's new CEO sits on the board of several companies such as Emirates Global Aluminium, Emirates Nuclear Energy Corporation, and Aramex, according to UAE state news agency, Wam.

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Construction Week - Issue 747
Aug 03, 2019