Fadel Abdel Baki

Fadel Abdulbaqi Al Ali is a seasoned executive with extensive experience spanning multiple continents and financial sectors. He was appointed Chairman of Majid Al Futtaim's Holding Board in June 2025, bringing deep expertise in financial services and corporate governance. Al Ali currently serves as Chairman of the Dubai Financial Services Authority (DFSA), Vice Chairman of Wio Bank, and is a board member of Commercial International Bank Egypt.

Al Ali's most recent executive role was Deputy CEO and Group Chief Operating Officer at First Abu Dhabi Bank (FAB). Prior to joining FAB in 2017, he served as CEO of Dubai Holding, a global group with assets of USD 35 billion across 21 countries and interest in 14 economic sectors. Al Ali started his career at Citibank in 1989 and rose to become UAE Head of Distribution before joining Dubai Holding in 2004.

Career history

• Chairman, Majid Al Futtaim Holding Board (2025–present)
• Chairman, Dubai Financial Services Authority (June 2021–present)
• Deputy CEO and Group Chief Operating Officer, First Abu Dhabi Bank (2021)
• CEO, Dubai Holding (2004–2017)
• Senior positions at Citibank, including UAE Head of Distribution (1989–2004)

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

What Al Ali could bring to CIB as a board member: Al Ali's dual expertise in transformational leadership at major financial institutions and strategic investment management positions him to strengthen CIB's corporate governance and expansion strategy. His experience driving digital transformation at FAB and restructuring investment portfolios at Dubai Holding could help CIB enhance operational efficiency and shareholder value, while his deep regional connections and regulatory relationships through the DFSA could support the bank's growth across the Middle East.