Fadel Al Ali

Fadel Abdulbaqi Al Ali is a strategic leader with extensive experience in corporate governance and commercial roles across multiple business contexts. He started his career at Citibank in 1989, and left Citi in his capacity as UAE Head of Distribution, before joining Dubai Holding in 2004.

Al Ali was CEO of Dubai Holding, a global group with assets of USD 35 billion across 21 countries and interests in 14 economic sectors. He led the financial restructuring of Dubai Holding's investment groups and led the new business model of Dubai Holding as a strategic investor. He held a number of senior positions with First Abu Dhabi Bank (FAB), his last position was as FAB's Deputy CEO and Group Chief Operation Officer in 2021.

Fadel Al Ali was appointed Chairman of the DFSA on 1 June 2021, having joined the DFSA Board of Directors in 2008. Fadel Abdulbaqi Al Ali was appointed as Chairman of Majid Al Futtaim's Holding Board in June 2025.

Career history

• Chairman, Majid Al Futtaim Holding Board (June 2025–present)
• Chairman, Dubai Financial Services Authority (June 2021–present)
• Chairman, Shuaa Capital PSC (2019–April 2024)
• Deputy CEO and Group Chief Operating Officer, First Abu Dhabi Bank (2017–2021)
• Chief Executive Officer, Dubai Holding (2004–2017)

Al Ali holds a Bachelor of Science in Industrial and System Engineering from University of Southern California and a degree in High Performance Boards, International Institute of Management Development, Lausanne.

Note: Al Ali departed as Shuaa Capital Chairman in April 2024 and was subsequently appointed Chairman of Majid Al Futtaim in June 2025, where his expertise in financial restructuring and institutional governance could drive strategic initiatives and shareholder value creation for the diversified conglomerate.