The Board has established four committees in order to focus on key initiatives or controls of FAB and to assist in the efficiency and effectiveness of the Board.
Each committee charter is approved by the Board and outlines authority, responsibilities, meeting frequency and practices, reporting and self-evaluation. The committees are required to meet as frequently as deemed necessary to fulfill their objectives and to allow sufficient time for discussions, presentations, deliberations, and decisions for recommendations to be clearly formulated.
Board Management Committee
H.E. Sheikh Mohamed bin Saif Al Nahyan
Chairman
The Board Management Committee approves and oversees execution of the FAB Group’s business plan per the strategy approved by the Board and oversees and reviews material aspects of the business of the FAB Group. The Committee meets quarterly or more frequently as deemed necessary.
Members
H.E. Mohamed Saif Al Suwaidi
H.E. Waleed Al Mokarrab Al Muhairi
H.E. Waleed Al Mokarrab Al Muhairi
Read moreThe Board Management Committee approves and oversees execution of the FAB Group’s business plan per the strategy approved by the Board and oversees and reviews material aspects of the business of the FAB Group. The Committee meets quarterly or more frequently as deemed necessary.
Members
H.E. Mohamed Saif Al Suwaidi
H.E. Waleed Al Mokarrab Al Muhairi
H.E. Waleed Al Mokarrab Al Muhairi
H.E. Waleed Al Mokarrab Al Muhairi
Chairman
The Board Risk and ESG Committee provides oversight and advice to the Group Board in relation to current and potential future risk. It also considers and helps direct future risk and ESG strategies, including determination of risk appetite and tolerance as well as promote a risk and ESG awareness culture
Members
H.E. Dr. Sultan Ahmed Al Jaber
H.E. Mariam Bint Mohammed Saeed Hareb Almheiri
H.E. Sheikh Ahmed Mohammed Sultan S. Aldhaheri
H.E. Mohamed Thani Murshed Ghannam Alrumaithi
Read moreThe Board Risk and ESG Committee provides oversight and advice to the Group Board in relation to current and potential future risk. It also considers and helps direct future risk and ESG strategies, including determination of risk appetite and tolerance as well as promote a risk and ESG awareness culture among the Group. The Committee meets quarterly or more frequently as deemed necessary.
Members
H.E. Dr. Sultan Ahmed Al Jaber
H.E. Mariam Bint Mohammed Saeed Hareb Almheiri
H.E. Sheikh Ahmed Mohammed Sultan S. Aldhaheri
H.E. Mohamed Thani Murshed Ghannam Alrumaithi
H.E. Jassem Mohammed Bu Ataba Al Zaabi
Chairman
The Board Audit Committee ensures quality and integrity of financial statements and financial reporting. Effectiveness of the internal control, risk management, and governance systems. Effectiveness and independence of the compliance function. Effectiveness and independence of the Group Internal Audit function. Effectiveness of Islamic Financial Institution’s (IFI) governance systems and policies.
Members
H.E. Sheikh Ahmed Mohammed Sultan S. Aldhaheri
H.E. Mohamed Saif Al Suwaidi
H.E. Homaid Abdulla Al Shimmari
H.E. Khalifa Ateeq Al Mazrouei
Read moreThe Board Audit Committee ensures quality and integrity of financial statements and financial reporting. Effectiveness of the internal control, risk management, and governance systems. Effectiveness and independence of the compliance function. Effectiveness and independence of the Group Internal Audit function. Effectiveness of Islamic Financial Institution’s (IFI) governance systems and policies. Compliance with applicable laws and regulations. The Committee meets quarterly or more frequently as deemed necessary.
Members
H.E. Sheikh Ahmed Mohammed Sultan S. Aldhaheri
H.E. Mohamed Saif Al Suwaidi
H.E. Homaid Abdulla Al Shimmari
H.E. Khalifa Ateeq Al Mazrouei
H.E. Sheikh Mohamed bin Saif Al Nahyan
Chairman
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
Members
H.E. Mohamed Thani Murshed Ghannam Alrumaithi
H.E. Homaid Abdulla Al Shimmari
Read moreThe 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.
Members
H.E. Mohamed Thani Murshed Ghannam Alrumaithi
H.E. Homaid Abdulla Al Shimmari
Board Committees
The Board has established four committees in order to focus on key initiatives.
Board of Directors
FAB’s Board of Directors has extensive experience across different sectors, industries and geographies.
Management Team
FAB Group’s most senior management committee, Group EXCO operates under direct authority from the FAB Board.
Investor Relations
Key data, information and reports for our shareholders and fixed income investors.
Need more help? Get in touch.
Contact us anytime for further assistance or check out our FAQ page for more information.
| For customers within the UAE (Open 24/7) | |
|---|---|
 |
600 52 5500 |
| For customers outside of the UAE | |
|---|---|
|
+971 2 681 1511 |
Head Office
First Abu Dhabi Bank
Al Qurm – Business Park
P.O. Box 6316
Abu Dhabi, United Arab Emirates