Board Committees

H.E. Mohammed Saif Al Suwaidi

H.E. Sheikh Mohammed Bin Saif Bin Mohammed Al Nahyan

H.E. Jassim Mohammed Alseddiqi

Mr. Abdulhamid Saeed – Group Chief Executive Officer

H.E. Nasser Ahmed Alsowaidi

H.E. Khaldoon Khalifa Al Mubarak

Mr. Abdulhamid Saeed – Group Chief Executive Officer

Permanent attendees – Mr. Peter Baker - Group Chief Human Resources Officer

The Board Remuneration and Nomination Committee recommends and oversees the appointment and termination of Group Board Directors and succession planning for the Group Executive Committee members. This includes an assessment of the skills, knowledge and expertise needed to ensure they are positioned to discharge their responsibilities in the interests of the shareholders and FAB Group. The Committee also reviews and recommends to the Board FAB’s reward policy framework, approves and oversees reward design and ensures it is appropriate and consistent with the FAB Group’s culture, values, business performance and risk strategy. The Committee meets at least twice a year or more frequently as deemed necessary.

H.E. Mohammed Thani Al Rumaithi

H.E. Mohammed Saif Al Suwaidi

Mr. Abdulhamid Saeed – Group Chief Executive Officer

Permanent attendees – Mr.Arif Shaikh – Group Chief Risk Officer

The Board Risk and Compliance Committee provides oversight and advice to the Group Board in relation to current and potential future risk and compliance exposures of the FAB Group. It also considers and helps direct future risk strategy, including determination of risk appetite and tolerance as well as promote a risk and compliance awareness culture among the Group. The Committee meets quarterly or more frequently as deemed necessary.

H.E. Mohammed Thani Al Rumaithi

H.E. Sheikh Ahmed Sultan Al Dhaheri

Mr. Abdulhamid Saeed – Group Chief Executive Officer

Permanent attendees– Mr.Nurendra Pereira - Group Chief Audit Officer

The Board Audit Committee ensures oversight of the effectiveness of the internal control systems and the quality and integrity of financial statements and financial reporting. In addition, it reviews, approves and oversees the internal and external audit programs and ensures coordination between internal and external auditors. The Group Chief Audit Officer (“GCAO”) provides reports to the Committee on internal controls. The Committee meets quarterly or more frequently as deemed necessary.