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Wednesday, 15 February 2017

Mubadala Investment Company set for next step on integration path | The National

Mubadala Investment Company set for next step on integration path | The National:

"Mubadala Investment Company, the sprawling strategic development company created by the merger of Mubadala Development and International Petroleum Investment Compay (Ipic), will take the next step in its integration path when it announces, as early as today, the top executive layer below its board.

The merged company’s board was announced last month, with Sheikh Mohammed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, as the chairman and Sheikh Mansour bin Zayed as the vice chairman. Khaldoon Al Mubarak is the group chief executive.


But the new layer of divisional chiefs will be the first clear indication of how the company, with combined assets of about US$122 billion as of last June, will reorganise itself for future growth and development.

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