Abu Dhabi: Al Yah Satellite Communications Company (Yahsat) has announced the appointment of Khaled Al Qubaisi, CEO of Aerospace, Renewables & ICT at  Mubadala Investment Company (Mubadala) as its new Chairman, and the appointment of Amal Al Ameri, Senior Vice President of Platform Finance in the Aerospace, Renewables & ICT Unit in Mubadala as a board member.

Remarking on his new assignment, Khaled Al Qubaisi said: "I'm pleased to lead Yahsat’s next phase of growth in the space and telecommunications sector. We are committed to realising Yahsat's vision of providing satellite connectivity to consumers, government and commercial clients globally, to contribute in the social and economic growth of our markets, in addition to achieving our commitments towards our clients all over the world. This is an exciting time for us at the forefront of the 4th Industrial Revolution as we create revolutionary technologies and solutions disrupting our industry."

Through his role in Mubadala, Al Qubaisi oversees the company’s aerospace, information communications technology, renewables and utilities portfolio, he is also a member of Mubadala’s Investment committee. He brings a wealth of strategic and management experience having held multiple Board and C-suite roles.

Al Ameri also joins the Board, bringing extensive financial and operational expertise having served in several senior financial roles and multiple Boards at Mubadala and its wholly owned subsidiaries, respectively.

- Ends-

© Press Release 2019

Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.

The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.

To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.