Musabbeh Al Kaabi

Mubadala Investment Company

Chief Executive Officer, UAE Investments Platform

Musabbeh is the Chief Executive Officer of Mubadala’s UAE Investments platform. The platform contributes to the acceleration of the UAE’s economic transformation, and the development of homegrown world class champions, fostering vibrant industrial and commercial clusters, and partnering with world-class global entities. The UAE Investments portfolio includes UAE-led assets in multiple sectors including energy, metals, aerospace, technology, healthcare, real estate and infrastructure. He is also a member of Mubadala’s Investment Committee, playing a strategic role advising on all major investment decisions related to the full range of the Company’s sectors and businesses. Prior to his current role, Musabbeh was responsible for the company’s substantial international energy portfolio as CEO of the Petroleum & Petrochemicals platform from 2017 to 2020. As CEO, Musabbeh oversaw an integrated energy portfolio of investments valued in excess of $40 billion USD with over 10 asset companies operating along the value chain. He also served the Group as CEO of Mubadala Petroleum, Mubadala’s wholly owned exploration and Production Company, from 2014 to 2017. During his tenure, he successfully led the company through a challenging period of declining commodity prices, locking in significant cost efficiencies and operational improvements whilst high grading the portfolio to focus on value-adding assets and maintaining an exemplary health and safety record. He joined Mubadala Petroleum in 2013 as Chief Growth Officer, responsible for new business development, mergers & acquisitions and exploration. Musabbeh began his career at the Abu Dhabi National Oil Company (ADNOC) where he spent 16 years during which he held a series of increasingly senior technical and managerial roles, rising to lead ADNOC’s Exploration Division. In 2005, he had a cross posting with Shell in the Netherlands where he joined as a Geophysicist for a year. As a multi-sector expert, Musabbeh serves on the Board of Directors for several companies including as Chairman of Mubadala Petroleum, and Yahsat. He is the Vice Chairman of Masdar, Mubadala Health, as well as Cleveland Clinic Abu Dhabi (CCAD). Musabbeh is also a Board member of Tabreed, a UAE-based regional utility leader, Cepsa, Spain’s leading integrated energy company, NOVA Chemicals, a North American based producer of plastics and chemicals. He is also a Board Member of Dolphin Energy, a multinational gas development and transportation initiative, and Borealis, one of the world’s largest producer of petrochemicals headquartered in Austria. In 2020, he was also appointed to the Board of Emirates Global Aluminium, the world’s largest ‘premium aluminium’ producer and the biggest industrial company in the United Arab Emirates outside oil and gas. He is also an active contributor to investment and energy sector internationally, regularly participating in leading industry forums and publications. Musabbeh holds a Bachelor of Science degree in Geophysical Engineering from Colorado School of Mines and a Master of Sciences in Petroleum Geoscience from Imperial College, London.

Sessions With Musabbeh Al Kaabi

Monday, 7 March

  • 07:30pm - 09:00pm (CST) / 08/mar/2022 01:30 am - 08/mar/2022 03:00 am

    Financing the Transition

    Lunch/Dinner Discussion Finance & Investment/Trading & Risk Management/ESG

    The energy transition will require stepping up energy financing, as well as reallocating spending toward low-emission assets. The shift in capital allocation required to finance net-zero ambitions is transforming the global financial architecture with environmental, social, and governance (ESG) mandates, emission disclosure requirements, and the emergence of new green financial instruments. For investors, governments, and multilateral agencies, the challenges are manifold to mobilize and deploy capital. For investors and companies, returns on renewable energy production and low-emission assets need to be competitive and rewarded by financial markets. Financing decarbonization in emerging markets remains a challenge. What are the opportunities and challenges created by the energy transition for investors? What are they for the financial industry?