Majid Al Futtaim Announces Appointment of Zein Abdalla and Iyad Malas to its Holding Board
09 Jul 2025
Dubai, UAE – 09 July 2025: Majid Al Futtaim, a leading shopping mall, communities, retail, and leisure pioneer across the Middle East, Africa, and Asia, announces the appointment of Zein Abdalla and Iyad Malas as Non-Executive Directors to its Holding Board.
Fadel Abdulbaqi Al Ali, Chairman of Majid Al Futtaim’s Holding Board, said: “I am pleased to welcome Zein Abdalla and Iyad Malas to the Majid Al Futtaim Holding Board. Their wealth of experience and global perspective will be invaluable as we continue to build on the Group’s legacy of innovation and excellence. The appointment of these two distinguished business leaders marks an exciting new chapter for the organisation, and I am confident that their contributions will help guide us toward continued success and sustainable growth.”
Zein Abdalla brings vast experience from long tenures at global companies including 19 years at PepsiCo, where he retired as President of the global business and 16 years at Mars Inc. Throughout his esteemed career, he developed expertise in corporate and general management, supply chain procurement, global brand management, innovation and global strategy across both developed and emerging markets. He currently serves as Chair of the Mastercard Foundation, Board Adviser to Mars Inc., Board Member of Cognizant, and Board Member of the Kuwait Food Company (Americana).
Iyad Malas brings over 35 years of experience in various senior roles across sectors which include real estate, retail, leisure & entertainment, financial services, and investments. His previous roles include Partner at Gateway Partners Equity Firm, CEO of Majid Al Futtaim Holding, Chief Operating Officer, Head of Asset Management at EFG Hermes and had a notable career with the International Finance Corporation, a member of the World Bank Group. He is currently the CEO of Al Ghurair Group and sits on the Board of Directors of a number of listed companies including Mashreq Bank, National Cement Company and Polyplex Corporation in both India and Thailand.
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