Abu Dhabi-listed Eshraq Investments has named Nasser Hassan Al Shaikh its new chairman following the resignation of Fahad Al Qassim, who stepped down last week.
Al Shaikh’s appointment comes shortly after he joined the board. He currently chairs Al Shaikh Holdings and previously held senior public finance roles in Dubai, including Director General of the Department of Finance and head of finance and administration at the Executive Office of Sheikh Mohammed bin Rashid Al Maktoum.
He has also served on the boards of several Dubai-listed firms, including Amlak Finance, Deyaar Development, and Taaleem.
Eshraq, which has shifted its strategy away from public equities since 2023, did not disclose the reason for Al Qassim’s departure. He had been appointed chairman in November 2023.
According to earlier statements, the company is undergoing a broader restructuring of its investment approach, focusing on income-generating assets and private market opportunities.
