Board of Directors
Our Board of Directors guide the direction of our company and operations to ensure that Majid Al Futtaim maintains its stature as the leading lifestyle conglomerate in the region.
Fadel Abdulbaqi Al Ali
Chairman of Majid Al Futtaim Holding
Fadel Abdulbaqi Al Ali was appointed as Chairman of Majid Al Futtaim’s Holding Board in June 2025, bringing extensive experience...
Fadel Abdulbaqi Al Ali was appointed as Chairman of Majid Al Futtaim’s Holding Board in June 2025, bringing extensive experience in financial services, corporate governance, and strategic leadership. He also currently serves as Chairman of the Dubai Financial Services Authority (DFSA), Vice Chairman of the Board of Directors of Wio Bank and is a board member of the Commercial International Bank of Egypt.
Previously, Mr. Al Ali held notable executive roles including Deputy CEO and Group Chief of Operations at First Abu Dhabi Bank, and CEO of Dubai Holding. He started his career at Dubai Municipality in 1987 before joining Citibank in 1989, where he rose to become UAE Head of Distribution. Throughout his career, Fadel Abdulbaqi Al Ali has been instrumental in shaping institutional strategy and advancing the UAE’s financial sector.
Hamed Kazim
Non-Executive Director
Mr. Hamed Kazim has over 40 years of experience in professional services and is currently a senior advisor to PwC Middle...
Mr. Hamed Kazim has over 40 years of experience in professional services and is currently a senior advisor to PwC Middle East, having previously served as an advisor to firms including Mercer, RBS, and Alix Partners. He was the Managing Partner of Andersen Dubai, as well as Ernst & Young, and served on the Boards of the UAE Securities and Commodities Authority, Commercial Bank of Dubai, and Larsen & Toubro. He was involved in various financial forensic assignments in the United States and Middle Eastern offices. Mr. Kazim also led initial public offerings on the Dubai Financial Market, including Emaar, as well as large acquisitions such as P&O and Inchcape Shipping. Mr Kazim's main focus is technology, finance, and organisational effectiveness.
Mr. Kazim is a UAE national and a graduate of the University of California, San Diego, USA, with a B.A. in Economics and a minor in Electronic Engineering. He joined Arthur Andersen in 1981 and worked in the Washington, D.C. office, where he obtained his CPA qualification with high distinction in 1986.
Zein Abdalla
Non-Executive Director
Zein Abdalla joined the Majid Al Futtaim Holding Board of Directors in July 2025. He brings vast experience from long tenures...
Zein Abdalla joined the Majid Al Futtaim Holding Board of Directors in July 2025. He brings vast experience from long tenures at global companies where he gained expertise in corporate and general management, supply chain procurement, global brand management, and innovation and global strategy in both developed and emerging markets.
He spent 19 years with PepsiCo Inc. where he held a number of senior executive positions including President. Prior to joining PepsiCo, he had a diverse 16-year career with Mars Inc. where he served as General Manager of the Middle East and North Africa business.
Mr. Abdalla currently serves as Chair of the Mastercard Foundation, Board Member of Cognizant, Board Member of the Kuwait Food Company (Americana), Board Adviser to Mars Inc., and Member of the Advisory Board of the Imperial College Business School.
Iyad Malas
Non-Executive Director
Iyad Malas joined the Majid Al Futtaim Holding Board of Directors in July 2025. He brings over 35 years of experience in...
Iyad Malas joined the Majid Al Futtaim Holding Board of Directors in July 2025. He brings over 35 years of experience in various senior roles, spanning many countries and industries, including real estate, retail, leisure & entertainment, financial services, and investments.
His previous experience includes five years as a Partner at Gateway Partners, a private equity firm, CEO of Majid Al Futtaim Trust and Majid Al Futtaim Holding (2007 – 2015), Chief Operating Officer and Head of Asset Management at EFG Hermes, Egypt and a long career at the International Finance Corporation in both the USA and India.
Mr. Malas is currently the CEO of Al Ghurair Group and sits on the Board of Directors of a number of listed companies including Mashreq Bank, National Cement Company and Polyplex corporation in both India and Thailand.
Ahmed Galal Ismail
Chief Executive Officer
Ahmed Galal Ismail is the Chief Executive Officer and member of the Board of Directors at Majid Al Futtaim - Holding, the...
Ahmed Galal Ismail is the Chief Executive Officer and member of the Board of Directors at Majid Al Futtaim - Holding, the leading shopping mall, retail, and leisure pioneer across the Middle East, Africa, and Asia with assets in excess of USD 19 billion and 40,000 employees.
Mr. Ismail has been a long-standing leader at Majid Al Futtaim, having held several executive positions across the company’s portfolio of businesses during his 18-year tenure, and has played an instrumental role in the growth and development of the Group.
Most recently, Mr. Ismail served as the Chief Executive Officer of Majid Al Futtaim - Properties, from 2018 to early 2023 leading the company’s portfolio of shopping malls, hotels, and mixed-use communities across the United Arab Emirates, Egypt, Oman, Bahrain, and Lebanon. Prior to assuming the role of Chief Executive Officer of Majid Al Futtaim - Properties, Mr. Ismail led Majid Al Futtaim - Ventures, overseeing seven business verticals including Leisure and Entertainment, Cinemas, Lifestyle, Facilities Management, and Consumer Finance. He joined Majid Al Futtaim in 2007 as the Group's VP of Strategy.
Mr. Ismail started his career with Procter & Gamble in Egypt and Germany, before joining Booz Allen Hamilton where he was named Principal, advising organisations in the retail, media, tourism, and transportation sectors.
Mr. Ismail serves on the Board of the Arab Investment Bank and is a member of the World Economic Forum’s International Business Council and the CEO Alliance for Climate Change, in addition to being a Trustee of the American University in Cairo.
Mr. Ismail holds an MBA with distinction from London Business School and a B.Sc. in Computer Science from the American University in Cairo.
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