Firm partners with GE to provide two-year Leadership development to high-potential UAE National employees across business functions

Programs for first graduating class include Financial Management, Information Management, Experienced Commercial Leadership, Human Resources and Investment Risk Management

Abu Dhabi, December 21, 2011: Mubadala GE Capital, a specialized commercial finance company that provides structured financing solutions to businesses, announced today the graduation of its first class of UAE National staff members from two-year leadership programs aimed at developing the skills of high-potential employees.

The program offered by Mubadala GE Capital, in partnership with GE, includes training courses in Financial Management, Information Management, Commercial Leadership, Human Resources and investment Risk Management.

Graduates of this program include: Ahmed Al Qassim, Ahmed Al Dhahri and Nofa Al Marzouqi, who each completed the Commercial Leadership module; Omar Al Naqbi and Majid Al Mail, who each completed the Risk Management module; and Omar Al Faresi, who completed the Financial Management module.

 "I would like to congratulate our first graduating class for successfully completing this in-depth internal leadership program," said Ron Herman, Chief Executive Officer, Mubadala GE Capital. "We are proud to partner with GE to provide such a wide range of world-class training initiatives, and would like to thank Mubadala for nominating such outstanding candidates to participate in the program.

"Leadership development is a priority for our firm as we seek to develop the skills of local professionals and support their growth into future leaders in the UAE," Herman said.

Mubadala GE Capital, a 50:50 joint venture between General Electric (NYSE: GE) and the Mubadala Development Company (Mubadala), partnered with its shareholders throughout the implementation of this leadership program, with GE managing the training, seminar and rotation opportunities for program professionals.

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About Mubadala GE Capital:
Mubadala GE Capital, a public joint stock company headquartered in Abu Dhabi, is a 50:50 joint venture between General Electric (NYSE: GE) and the Mubadala Development Company. Leveraging the complementary strengths of its founding partners in shared areas of expertise, Mubadala GE Capital is a specialised commercial finance company that offers an array of financing solutions to help businesses grow in rapidly evolving economic environments.

Products offered by the company include project finance, equipment financing solutions, healthcare financing solutions, leveraged finance and equity investments. The investment focus of Mubadala GE Capital is primarily across the Middle East and Africa region in the following sectors: power & water, oil & gas, healthcare, industry & manufacturing, transportation, aviation and infrastructure.

For further information about Mubadala GE Capital, please visit: www.mubadala-ge.com. 

For further information about Mubadala GE Capital, please contact:
Nicholas Nesson/Tameem Alkintar
ASDA'A Burson-Marsteller
Dubai, UAE
Tel: 971-4-4507600
Fax: 971-4-4358040
E-mail: n.nesson@asdaa.com/t.alkintar@asdaa.com

© Press Release 2011