The chairman and managing director of Lulu Group, Yusuff Ali M.A., has been reappointed to the Board of Directors of the Abu Dhabi Chamber.

The decision was made by the Abu Dhabi Executive Council (ADEC).

The ADEC, which is the principal executive authority for the Emirate of Abu Dhabi, responsible for implementing local and federal policies, developing strategic plans, and overseeing government performance, appointed Ali as a member of the board of the chamber.

The UAE billionaire, whose wealth is an estimated $5.8 billion, was the board member of Abu Dhabi Chamber thrice through elections. Ali was appointed as a board member through resolution once earlier. This is the second time the appointment has again happened through resolution.

Congratulating him, the Chamber said: “On this occasion, Abu Dhabi Chamber extends its best wishes for success in his new role and for meaningful contributions toward enhancing the role and impact of the private sector in the Emirate, while supporting the achievement of Abu Dhabi’s economic aspirations.”

Ali’s company Lulu Group operates from 46 countries around the world. – editor@nrifocus.com