Q Holding has named Jassem Mohamed Bu Ataba Alzaabi as the Chairman of the board, while Abdullah Al Sahia will take over as the managing director. Abdulla bin Mohammed Butti Al Hamed and Abdulla Abdulhameed Alsahi were appointed as the Vice Chairman and Group Managing Director, respectively. Al Zaabi currently holds other key positions, including that of Chairman of the Department of Finance - Abu Dhabi, Secretary General of the Supreme Council for Financial and Economic Affairs, and Board Member of the Abu Dhabi Investment Authority.

Additionally, he also serves as the Chairman of Modon Properties. Al Sahi joins Q Holding from Modon Properties, where he served as the Managing Director and was a member of the team that founded Modon Properties back in 2018 and was the CEO. He was earlier the Undersecretary of the Department of Municipalities and Transport in Abu Dhabi in 2020, and his experience encompasses development investments, strategic supervision of project implementation, and general development activities management across various sectors, said the statement.

On his new role as Chairman, Al Zaabi said the company remains committed to fostering economic growth in Abu Dhabi. He expressed the intent to align with the nation's comprehensive development, while also establishing new benchmarks in strategic investments.