Our Leadership | Mubadala

Message from the Chairman

His Highness Sheikh Mansour bin Zayed Al Nahyan

UAE Vice President, Deputy Prime Minister, Chairman of the Presidential Court, and Chairman of the Mubadala Board

"We continue to advance the UAE's knowledge-based economy, we will do so in a way that pioneers and contributes to solutions for critical global challenges in sectors such as health innovation, the climate emergency and future energy sources."

Investing in Our Future

2022 marked two decades since the Government of Abu Dhabi established Mubadala to advance a national agenda focused on knowledge creation, innovation, and developing even greater opportunities for future generations.

Since then, Mubadala’s commitment to that vision and its ability to further respond and support evolving national priorities has contributed to shaping the UAE and its place in the world today.

The company's partnership philosophy, its agility and long-term responsible investment approach have created a vast array of opportunities for Emiratis that did not exist two decades ago.

Importantly, the economic diversification Mubadala has enabled has also had a fundamental impact on more than 200 nationalities in our region's most dynamic and competitive economy.

Beyond sustainable economic growth and associated financial returns, Mubadala's impact is evidenced by domestic world-class healthcare and education infrastructure; a diverse, forward-looking economic base; and global investment leadership across sectors shaping a sustainable and positive future.

The company's capabilities and standing as one of the world's largest responsible investors is essential as we embark on new and highly ambitious programmes under the Presidency of His Highness Sheikh Mohamed bin Zayed Al Nahyan.

As always, as we continue to advance the UAE's knowledge-based economy, and we will do so in a way that pioneers and contributes to solutions for critical global challenges in sectors such as health innovation, the climate emergency and future energy sources.

Mubadala's strategy is calibrated to advance these priorities and many more. In doing so, the company will continue to contribute to equipping the UAE and its future generations with opportunities to thrive in a world significantly different from today.

This has been the driving vision of our Founding Chairman, His Highness Sheikh Mohamed bin Zayed Al Nahyan, for more than two decades and must remain our ongoing focus.

I would like to thank Mubadala's leadership, the entire team, and all our partners' for their dedication which continue to enable nation-critical progress.

Message from the Managing Director & Group CEO

Khaldoon Khalifa
Al Mubarak

" 2022 was one of our most active years in history, with more than 650 transactions aligned with our strategy of investing in global megatrends, expanding our energy leadership, catalyzing future economic engines for the UAE, and establishing economic pathways with leading economies. "

Operating at the Leading Edge of Progress

We began 2022 with significant momentum, with our portfolio calibrated to the world's most promising and challenging sectors, including life sciences, clean energy, AI, communications, mobility, consumer trends, and advanced manufacturing.

The global dynamics that persisted throughout the year affirmed more than ever that diversification and responsible investment underpin the UAE's future. Therefore, despite the turbulence, we remained focused on long-term objectives and were well-positioned with liquidity, deal flow and global networks, outperforming key benchmarks worldwide including the NASDAQ and S&P 500, among others.

The result was one of our most active years in history, with over 650 transactions aligned with our strategy of investing in global megatrends, expanding our energy leadership, catalyzing future economic engines for the UAE, and establishing investment pathways with leading economies.

We increased investments in key geographies and sectors, as exemplified by our stake in Tata Power Renewables, energy business.

Other highlights included combining Mubadala Health with the data and technology-centric capabilities of the AI-focused company G42, to create a unique and differentiated model of our forward-looking efforts to advance the UAE and drive global progress in critical areas.

We bolstered our private credit business, invested in Proximie (a digital platform enabling surgeons to join any operating room around the world virtually), established the first carbon trading exchange at Abu Dhabi Global Market, and joined forces with other sovereign wealth funds to harness our collective power in progressing the energy transition.

We also closed the landmark Masdar transaction with ADNOC and TAQA to create a global clean energy powerhouse marking a milestone in a journey that began sixteen years ago, predicated on the conviction to act early and at scale in clean energy.

Throughout the year, we continued to develop our internal systems and portfolio monitoring to formalize climate considerations and risks within our investment processes. We continued to invest in and partner towards accelerating energy transition and developing emerging technologies to enable global decarbonization at scale and pace.

I want to pay tribute to our Founding Chairman, His Highness Sheikh Mohamed bin Zayed Al Nahyan for his vision and stewardship over the last two decades. It is integral to the DNA of our organization and has enabled the company to deliver for the nation.

Under the guidance of His Highness Sheikh Mansour bin Zayed Al Nahyan, in his capacity as our new Chairman, we will continue to apply the same principles of collaboration and responsible investment across multiple industries and territories to shape the nation's future economic base and to create opportunities for our partners and everyone who calls the UAE home.

On behalf of everyone at Mubadala, I thank our Board for their continued guidance and our partners and my colleagues as we navigate challenging macroeconomic conditions to continue driving progress in the UAE and worldwide.

Board of Directors

Committed to the Highest Standards of Excellence and Corporate Governance

The Board of Directors is responsible for Mubadala’s strategic direction, oversight and corporate governance, ensuring the business delivers on the Government of Abu Dhabi’s investment and diversification priorities.

As a global and responsible investor, Mubadala is at the forefront of Abu Dhabi’s efforts to drive sustainable economic growth by investing across multiple asset classes, sectors and geographies with a particular interest in industries that are changing the world.

Mubadala benefits from the long-term support of its sole shareholder, the Government of Abu Dhabi, as we work to achieve our commercial goals while operating with the highest levels of integrity.

His Highness Sheikh Theyab bin Mohamed bin Zayed Al Nahyan

Board Member

His Excellency Khaldoon Khalifa Al Mubarak

Managing Director and Group Chief Executive Officer Mubadala Investment Company

His Excellency Suhail Mohamed AlMazrouei

Board Member

His Excellency Dr Sultan Ahmed Al Jaber

Board Member

His Excellency Abdulhamid Mohamed Saeed

Board Member

His Excellency Saif Saeed Ghobash

Board Member

Investment Committee

With a strong investment focus, Mubadala’s governance structure will pave the way for significant growth in the portfolio for the future. The organization has been designed to match the company’s ambition to double its portfolio over the next decade.

Mubadala’s Investment Committee is responsible for developing and monitoring the organization’s investment strategy and for the overall company performance. The Committee convened 41 times in 2022 to discuss 110 items and addressed a further 32 items by circulation.

Mubadala’s Investment & Business Planning Committee is responsible for reviewing the individual business plans of each investment platform and submitting them for endorsement from Mubadala’s Investment Committee. It monitors and tracks individual platforms’ progress against their business plans. The Committee convened 33 times in 2022 to discuss 62 items and addressed a further 11 items by circulation.

Mubadala’s Management Committee is responsible for reviewing and approving corporate matters such as corporate policies and procedures, strategic human capital issues, employee engagement, communication and branding. The Committee convened 14 times in 2022 to discuss 18 items and addressed a further 10 items by circulation.

Mubadala’s Investment Committee is responsible for developing and monitoring the organization’s investment strategy and for the overall company performance. The Committee convened 41 times in 2022 to discuss 110 items and addressed a further 32 items by circulation.
Mubadala’s Investment & Business Planning Committee is responsible for reviewing the individual business plans of each investment platform and submitting them for endorsement from Mubadala’s Investment Committee. It monitors and tracks individual platforms’ progress against their business plans. The Committee convened 33 times in 2022 to discuss 62 items and addressed a further 11 items by circulation.
Mubadala’s Management Committee is responsible for reviewing and approving corporate matters such as corporate policies and procedures, strategic human capital issues, employee engagement, communication and branding. The Committee convened 14 times in 2022 to discuss 18 items and addressed a further 10 items by circulation.