Aldar Properties Appoints Faisal Falaknaz As Group Chief Financial And Sustainability Officer

Press release
Published August 2nd, 2023 - 09:02 GMT

Aldar Properties Appoints Faisal Falaknaz As Group Chief Financial And Sustainability Officer
Faisal Falaknaz - Group Chief Financial and Sustainability Officer, Aldar Properties

Aldar Properties ('Aldar') has appointed Faisal Falaknaz as Group Chief Financial and Sustainability Officer (GCFSO), further strengthening the Emirati representation on its senior management team. This follows his appointment as interim GCFSO in January, where he has since led the Group’s finance, treasury, investor relations, strategy, digital services expertise, as well Aldar’s comprehensive sustainability framework and agenda.

As GCFSO, Faisal Falaknaz brings institutional knowledge and experience having previously served as Chief Financial Officer of Aldar Investment, which owns and manages Aldar’s portfolio of recurring income assets. A seasoned finance and investment professional, he has held senior roles at major corporate entities, including Mubadala Investment Company and Emaar Properties, building a strong track record in international M&A and asset management.

Faisal Falaknaz is a CFA charter holder, with a Master of Business Administration from The Wharton School of the University of Pennsylvania and a Bachelor of Science in Finance from the American University of Sharjah.

Background Information

Aldar Properties

Aldar Properties PJSC, is the leading real estate developer in Abu Dhabi, and through its iconic developments, it is one of the most well known in the United Arab Emirates, and wider Middle East region.

From its beginnings in 2005 through to today, Aldar continues to shape and enhance the urban fabric of the UAE’s Capital City in addition to other key areas of the Emirate of Abu Dhabi.

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