Board Executive Committee

The Board Executive Committee (BEC) is chaired by Mr. Mohammad Al Ansari and its other members are Mr. Fuad Al Ansari, Mr. Eisa Al Ansari and Mr. Rashed Al Ansari.

The primary function of the BEC is to assist the Board in effectively managing and overseeing the operations of the Company, enhance operations and efficiency by making timely and informed decisions on day-to-day matters and ensure smooth execution of the business strategies and monitoring of operational performance.  In addition to that, the BEC will address routine and urgent matters that require prompt actions relating to the Company, ensure collaboration and coordination between Management and the Board, contribute to strategic planning and provide valuable insights and recommendations to the Board, and conduct preparatory work, gathering relevant information, and providing analysis and recommendations on matters to be addressed by the Board.

As per the BEC charter, the Committee must comprise at least four members selected from the Board. In addition, Committee Members shall be appointed for 3 years from the date of formation of the relevant electing Board. All appointments, removals and replacements of Members shall be made by the Board and shall be notified in writing to the Secretary.

The BEC will meet not less than four times per year and as frequently as required, (by any means including electronic attendance) upon 7 days prior written invitation or such shorter notice as may be agreed by all the Members or in response to any urgent request from the Board or CEO within the timelines to be decided by the Board or CEO. The notice shall be given by the Secretary specifying the place, time and agenda of the meeting. Late additions to the agenda shall be accepted at the meeting upon unanimous approval of the Members. 

Board Executive Committee

MOHAMMAD AL ANSARI
Chairman

Mohammad Ali Abualhassan Al Ansari is the Chairman of the Company. He is the founding Chairman of the Foreign Exchange..

MOHAMMAD AL ANSARI
Chairman

Mohammad Ali Abualhassan Al Ansari is the Chairman of the Company. He is the founding Chairman of the Foreign Exchange and Remittance Group (“FERG”), a non-profit association for exchange companies in the UAE established in conjunction with the UAE Central Bank. He pursued his higher education in the United States and returned to the UAE in the early 1980s.

FUAD AL ANSARI
Vice Chairman

Fuad Ali Abualhassan Al Ansari serves as the Vice Chairman of the Company. He joined the Group in 1995, and led the organization’s..

FUAD AL ANSARI
Vice Chairman

Fuad Ali Abualhassan Al Ansari serves as the Vice Chairman of the Company. He joined the Group in 1995, and led the organization’s digitalization efforts through overseeing the development of automated systems to process the volume of transactions. Prior to joining the Group, he had a decade-long tenure in Abu Dhabi Company for Onshore Oil Operations – “ADCO”. Fuad Ali Abualhassan Al Ansari earned his bachelor’s degree in Mechanical Engineering from the University of Pittsburgh, U.S.A.

EISA AL ANSARI
Non-Executive Director

Eisa Ali Abualhassan Al Ansari serves as a member of the Board of Directors of the Company. He joined the Group in 1995 and has over 27 years..

EISA AL ANSARI
Non-Executive Director

Eisa Ali Abualhassan Al Ansari serves as a member of the Board of Directors of the Company. He joined the Group in 1995 and has over 27 years of experience with the Group. Eisa Ali Abualhassan Al Ansari earned his Bachelor of Science degree in Electrical Engineering in the U.S.A. He also undertook executive education in the fields of financial and business management skills at the Michigan School of Business.

RASHED AL ANSARI
Director

Rashed Ali Abualhassan Al Ansari is the Group Chief Executive Officer. He joined the Group in 2010. He has previously worked at Dubai Holdings..

RASHED AL ANSARI
Director

Rashed Ali Abualhassan Al Ansari is the Group Chief Executive Officer. He joined the Group in 2010. He has previously worked at Dubai Holdings, Dubai Industrial City and Dubai Mercantile Exchange, among others. He is an associate member of the UK Institute for Mechanical Engineering and a member of the “Mohammed Bin Rashid Leadership Program”. He holds a Bachelor’s degree in Engineering from the University of Bradford and Master’s degree in Business Administration from the Leeds University Business School in the UK. In June 2021, Rashed Ali Abualhassan Al Ansari was appointed as a member of the “Dubai Chambers Advisory Council”.