Aldar Properties PJSC (Aldar), Abu Dhabi's leading listed property development, investment, and management company, yesterday announced the conclusion of its CEO search as the Board of Directors confirmed the appointment of Mohammed Khalifa Al Mubarak as Chief Executive Officer effective immediately. Mohammed previously held the position of Deputy CEO and Chief Portfolio Management Officer.
Since joining the company in 2006, Mohammed has been the driving-force behind many strategic initiatives, most notably the creation of Yas Island as a renowned global destination. In the last year, he has played an integral role with the merger integration as well as successfully launching three new developments to market.
Mohammed brings to the CEO role significant leadership experience across the real estate, leisure and tourism sectors in Abu Dhabi.
Abubaker Seddiq Al Khoori, Chairman of Aldar, said; "We are proud that our top internal candidate has proven to be the best person for the role. Having transformed Aldar into an exciting platform for growth there is no better person to lead Aldar through the next phase of development than Mohammed Al Mubarak. He is a proven leader, effective role model and a leading authority in Abu Dhabi on real estate, leisure and tourism. As we enter the next phase of growth from a position of financial and operational, his skills will undoubtedly ensure that the company continues to deliver value for all of our stakeholders."