ADNOC Distribution (ADNO.AD), announced the appointment of Mohamed Al Hashimi in the new role of Chief Operating Officer (COO), replacing John Carey, the company’s Deputy CEO, who has decided to step down from his role and will continue in an advisory capacity. Al Hashimi, who is a graduate of Harvard University, worked as Senior Vice President (SVP) Group Strategic Investments for ADNOC Group. In his most recent role as SVP Asset Management & Business Development, Al Hashimi was an advisor to the ADNOC Distribution Executive-Committee, providing him with in-depth knowledge of the ADNOC Distribution business and growth plans. He was also closely involved in the company’s IPO process and subsequent investor engagements. 
 
ADNOC Distribution (AD): AED2.72 as of 11 Jul. 2019, Rating: Buy, TP: AED3.20/share, MCap: USD9,264mn, ADNOCDIS UH/ADNO.AD