Succession planning and the future of family wealth will be centre stage in Abu Dhabi this week as some the Gulf’s most prominent family business leaders, investors and policymakers gather for the Family Wealth Summit.
Hosted by Arabian Gulf Business Insight (AGBI) in partnership with ADGM Academy, Abu Dhabi Family Business Council, EA MENA, RAK ICC and Blinx at the Four Seasons Hotel, Al Maryah Island on Thursday 12 November, the summit will convene senior representatives from established business families, family offices and investment institutions to explore the issues of governance, capital allocation and succession in order to safeguard their legacies.
H.E. Badr Jafar, CEO of Crescent Enterprises, is set to deliver the keynote, while H.E. Dr Yasir Ahmed Al Naqbi of ADGM Academy will also deliver opening remarks. They are joined by a number of high-profile speakers including Mishal Kanoo, Tawfique Abdullah, Mohammed E. Al Fardan, Alia Al Mulla and Rohan Mehta, as well as a host of senior advisers and the next generation of leaders of prominent family businesses in the UAE.
The Family Wealth Summit’s wide-ranging agenda will cover topics such as capital allocation, the separation of family wealth from business interests, succession planning and governance, with a focus on long-term growth.
Speaking ahead of her appearance on the ‘The Next Generation Takes Over’ panel discussion, Alia Al Mulla of Habib Al Mulla and Partners said: “I am looking forward to a very candid conversation about what ‘doing better’ really means. It is not about judging one generation against another. It is about giving the next generation the right tools to build responsibly on what they have inherited and ultimately leave something stronger for those who follow.”
James Drummond, Editor-in-Chief of AGBI, said: “The prestige and calibre of summit participants and attendees reflect the importance of these conversations. We are bringing together some of the region’s most experienced business figures alongside a new generation of leaders. The diversity of perspectives will provide fascinating insights and a valuable opportunity to explore the decisions shaping the future of family wealth in the Gulf.”
Martin Newland, CEO of Link Media Corp, said. “Over the coming decades, the Gulf will experience one of the largest transfers of leadership and responsibility in its history. The Family Wealth Summit will offer a leading platform for the region’s family business and investment community, demonstrating the appetite for an impactful forum that brings together influential decision-makers to share experience and build connections across generations.”
The summit will also showcase the first season of Legacy, AGBI’s series exploring the people and stories behind UAE family business dynasties.
