Abu Dhabi-based Aldar Properties, a leading listed property development, investment, and management company, has appointed Mohammed Khalifa Al Mubarak as chief executive officer effective immediately.

Al Mubarak previously held the position of deputy CEO and chief portfolio management officer.

In addition to his previous roles at Aldar, Al Mubarak was chairman of Farah Leisure (operator of Ferrari World Abu Dhabi and Yas Waterworld), a board member of Abu Dhabi Tourism and Culture Authority and chairman of Aldar Academies.

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.”

Al Mubarak is a graduate of Northeastern University (USA), with a double major in Economics and Political Science. – TradeArabia News Service