Industry: Banking & Finance
A trusted aide to the Crown Prince of the UAE, HH Mohammed Bin Zayed Al Nahyan, Khaldoon Al Mubarak — CEO of Mubadala — has masterminded many of Abu Dhabi’s strategic investments and key development projects.
As one of the UAE capital’s key investment vehicles, Al Mubarak is a vital cog in Abu Dhabi’s plan to diversify its economy away from oil and into sectors such as aerospace, manufacturing and utilities. Educated in the US, a graduate of Tufts University, Al Mubarak sits on a number of boards, including First Gulf Bank, Aldar Properties, the Abu Dhabi Executive Council and he is chairman of the Executive Affairs committee. Worldwide, he is, of course, best known as the chairman of Manchester City Football Club since the club was bought by the Abu Dhabi United Group in 2008.
Last year, the club secured its first title in the top flight of English football for 44 years, after beating Queens Park Rangers with an injury-time goal. It meant that the near $1bn of investment in the club that Mubarak has approved now seems very much worthwhile, and Mubarak himself has become one of the most popular figures in the city as a result.
While this year’s Premier League defence has proved tough, few would bet against the team securing more silverware in the next few years.