Abu Dhabi-based data analytics company Presight has elected Dr Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology and Managing Director and Group CEO of ADNOC, as the Chairman of its Board of Directors.
The Presight Board also elected Mansoor Al Mansoori as Vice Chairman of Presight and Chairman of the Executive Committee. The other board members include Suhail Bin Tarraf, Kiril Evtimov, Abdulla Rashed Alrashdi, Hamda Almheiri, and Thomas Pramotedham.
“As AI revolutionises various sectors, Presight will lead in driving responsible AI adoption, creating a positive impact,” said Mansoor Al Mansoori. “This aligns with the UAE’s vision to lead in AI, fostering economic growth, productivity and prosperity.”
“Having Dr. Al Jaber as Chairman and Mansoor Al Mansoori as Vice-Chairman of Presight gives the company a huge impetus for growth and positions us ideally to ride the surge in demand for AI and big data analytics to further success for Presight,” noted Thomas Pramotedham, CEO of Presight.
In May 2024, Presight shareholders approved the acquisition of 51% of AIQ, with ADNOC retaining a 49% shareholding. As part of the transaction, ADNOC assumed a 4% shareholding in Presight. The three entities are focused on accelerating the development of breakthrough AI solutions for the energy sector.
