Khaldoon Al Mubarak

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Khaldoon Al Mubarak
Khaldoon Al Mubarak.jpg
Khaldoon Al Mubarak at the World Economic Forum in Davos in January 2008.
Born Abu Dhabi,United Arab Emirates
Alma mater Tufts University
Occupation CEO of Mubadala Development
Abu Dhabi United Group member
Chairman of Manchester City
Awards Commendatore OSSI medal BAR.svg Commander of the Star of the Order of the Italian Solidarity

Khaldoon Khalifa Al Mubarak[1](Arabic: خلدون المبارك‎; born 1975)[2][3][4] is an Emirati businessman.

Educated in the United States, he entered a career in construction and real estate, becoming CEO of the Mubadala Development Company. He sits on a number of boards, including First Gulf Bank, Aldar Properties and Ferrari.[5] Al Mubarak is also a member of the Executive Council for the Emirate of Abu Dhabi and chairman of Executive Affairs Authority.

He became chairman of Manchester City Football Club when the club was bought by the Abu Dhabi United Group in September 2008.

Early life[edit]

Al Mubarak was born in Abu Dhabi, United Arab Emirates and educated in the US, where he obtained a degree in Economics and Finance from Tufts University, Boston, Massachusetts.[6][7] His first position was as a sales-executive at the Abu Dhabi National Oil Company.[8]

Career[edit]

Al Mubarak is involved in construction and real estate.[9] After working at the oil company, he was employed by the UAE Offsets Group, where he held a number of positions within the company.[7] Since then he was Executive Vice President-Corporate at Dolphin Energy. He is the CEO and managing director of government-owned investment company Mubadala Development, whose projects include a $5 billion aluminium plant in King Abdullah Economic City. His company also owns significant stakes in other companies, including a 5% share in Ferrari,[7] an 8.1% share in AMD,[7] a 7.5% share in the Carlyle Group, and a share in General Electric.[10][11] In May 2005 he was appointed vice-chairman of Oasis International Leasing, an Abu Dhabi-based leasing company.[12] Through Mubadala Development, Al Mubarak is chairman of the Imperial College London Diabetes Center (ICLDC) which opened in Abu Dhabi in 2006,[13] vice chairman of Piaggio Aero,[14] and vice chairman of LeasePlan.[15] As well as this he sits on many boards including ALDAR Properties, Emirates Foundation and First Gulf Bank.[16]

When the Abu Dhabi government was restructured in 2006, Al Mubarak became chairman of Executive Affairs Authority and a member of the Executive Council for the Emirate of Abu Dhabi.[17][18] He is also an Abu Dhabi Education Council member,[19] a director of the Abu Dhabi Council for Economic Development (ABCED),[20][21] and chairman of the Organization & Administration Department.[12] Al Mubarak is co-chair of the United States Chamber of Commerce's U.S.–U.A.E. Business Council, which was established in 2007,[22] chairman of the Abu Dhabi Media Zone Authority,[23] and vice chairman of the Abu Dhabi Urban Planning Council which was established in 2007.[24][25]

Personal life[edit]

In 2007 Al Mubarak was made Commander of the Star of the Order of the Italian Solidarity for his contributions to economic relationships between Italy and the United Arab Emirates.[19][26] Al Mubarak is a trusted aide of the Crown Prince Mohammed bin Zayed Al Nahyan.[4] As part of the takeover of Manchester City F.C. by the Abu Dhabi United Group on September 21, 2008 it was reported Al Mubarak would replace Thaksin Shinawatra as chairman.[27] It was also reported that the takeover would be fully completed on September 24, 2008.[28] As chairman of the Abu Dhabi Motor Sport Management Company,[29] Al Mubarak was also a key figure in negotiating for the Grand Prix. He was also influential in getting the FIFA Club World Cup to be held in Abu Dhabi.[30] Al Mubarak is also a member of the Board of Trustees for New York University, and as of 2013 was overseeing the development of a campus in Abu Dhabi.[31]

References[edit]

  1. ^ "NYU to Open Campus in Abu Dhabi". NYU Today 21 (4). Retrieved 28 December 2008. 
  2. ^ http://edition.cnn.com/2007/BUSINESS/09/27/mubarak.interview/index.htmlGimbel, Barney (12 March 2007). "The richest city in the world". CNN Money. CNN. Retrieved 16 February 2009. 
  3. ^ Norrish, Mike (23 September 2008). "Manchester City manager Mark Hughes is a 'gem', says the club's new owner". The Daily Telegraph. Telegraph Media Group. Retrieved 16 February 2009. 
  4. ^ a b Thomas Jr., Landon (31 October 2008). "The Suave Public Face of Abu Dhabi’s Billions". The New York Times (The New York Times Company). Retrieved 16 February 2009. 
  5. ^ "Khaldoon Khalifa Al Mubarak". Mubadala. Retrieved 2012-07-12. 
  6. ^ Gimbel, Barney (12 March 2007). "The richest city in the world". CNN Money. CNN. Retrieved 16 February 2009. 
  7. ^ a b c d Bhoyrul, Anil (18 September 2008). "Mubadala boss poised to take helm at Man City". Arabian Business. ITP Publishing Group. Retrieved 13 October 2010. 
  8. ^ Cushnan, David (20 July 2009). "Khaldoon Al Mubarak is Abu Dhabi’s man of sport". SportsPro. Retrieved 21 October 2009. 
  9. ^ "Corporate Info – Khaldoon Al Mubarak". Manchester City F.C. Retrieved 13 October 2010. 
  10. ^ Heath, Thomas (15 February 2008). "Pair of Proposals Take Aim at Carlyle Group". Washington Post. Katharine Weymouth. Retrieved 22 September 2008. 
  11. ^ "GE & Mubadala Partnership". General Electric. Retrieved 16 February 2009. 
  12. ^ a b Golden, Lara Lynn (7 May 2005). "Khaldoon Khalifa Al Mubarak appointed Oasis Leasing Vice Chairman". AMEinfo.com. AME Info. Retrieved 22 September 2008. 
  13. ^ "Imperial College London and UAE Development Agency launch world-class diabetes centre in Abu Dhabi". Imperial College London. 14 August 2006. Retrieved 17 October 2009. 
  14. ^ "Khaldoon Mubarak, CEO, Mubadala Development Company". CNN. 28 September 2007. Retrieved 17 October 2009. 
  15. ^ Bailey, Chris (19 September 2008). "Plans take shape at City". Manchester Evening News. Retrieved 17 October 2009. 
  16. ^ Bailey, Chris (19 September 2008). "Plans take shape at City". Manchester Evening News. Retrieved 13 October 2010. 
  17. ^ Defterios, John (20 September 2008). "Two trips, one new program". CNN. Retrieved 17 October 2009. 
  18. ^ "Abu Dhabi govt restructuring to spur efficiency". Khaleej Times. 6 March 2006. Retrieved 17 October 2009. 
  19. ^ a b "Chairman of the Executive Affairs Authority". Abu Dhabi Government. Retrieved 17 October 2009. 
  20. ^ "Board of Directors". Abu Dhabi Council for Economic Development. Retrieved 17 October 2009. 
  21. ^ "The Abu Dhabi Economic Vision 2030". Government of the General Secretariat Executive Council of Abu Dhabi. Retrieved 17 October 2009. 
  22. ^ "About the U.S.-U.A.E. Business Council". Retrieved 17 October 2009. 
  23. ^ Hagey, Keach (12 October 2008). "Media brands focus on Abu Dhabi". The National. Retrieved 17 October 2009. 
  24. ^ "Council Members". Abu Dhabi Urban Planning Council. Retrieved 13 October 2010. 
  25. ^ "UAE President sets up Urban Planning Council". UAE Interact. Trident Press Ltd. 20 September 2007. Retrieved 17 October 2009. 
  26. ^ "Al Mubarak Dott. Khaldoon Khalifa" (in Italian). President of the Italian Republic. Retrieved 2009-10-17. 
  27. ^ Rich, Tim (21 September 2008). "Robinho inspires Manchester City slickers". Telegraph.co.uk. Hollinger Inc. Retrieved 21 September 2008. 
  28. ^ "Takeover Tuesday: Man City's new owner talks about the future". News of the World. News International. 21 September 2008. Retrieved 21 September 2008. 
  29. ^ Khan, Alam (27 August 2008). "Abu Dhabi is right on track for GP". The National. Abu Dhabi Media Company. Retrieved 22 September 2008. 
  30. ^ "Sheikh's promise suits Hughes". ESPN Star Sports. 22 September 2008. Retrieved 13 October 2010. 
  31. ^ "Chairman of the Executive Affairs Authority". Executive Affairs Authority. Abu Dhabi Government. Retrieved 13 October 2010. 
Business positions Manchester City F.C. chairman
2008 – present
Incumbent