Aldar Properties PJSC announced that Greg Fewer has resigned from his position as Aldar's Group Chief Financial and Sustainability Officer to pursue another opportunity in the UAE. Greg Fewer, who joined Aldar as Chief Financial Officer in 2011, will continue to work closely with the Board of Directors and the executive management team until the end of February 2023, to ensure continued operational excellence and a smooth leadership transition. Faisal Falaknaz will become Acting Group Chief Financial and Sustainability Officer in addition to his current role as Chief Financial Officer of Aldar Investment.

Faisal brings considerable expertise to the role, with extensive experience in finance and real estate. He has a wealth of institutional knowledge through his role as CFO of Aldar Investment as well as holding numerous Aldar-related board seats and committee memberships. Prior to joining Aldar, Faisal was Vice President of Global Real Estate Investments at Mubadala Investment Company and prior to that held a senior finance leadership role at Emaar Properties.