Corporate Governance

ADNOC L&S
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Our Commitment

We embrace sustainability as a strategic path to increase integrity and accountability across the Company. We ensure an effective governance framework across our global operations, and we are committed to the principles of good corporate governance and adhere to standards of corporate governance that are in line with international best practice.

Code of Conduct

We are committed to operating with integrity and maintaining the highest professional and ethical standards in every aspect of our business. Our Code of Conduct outlines the legal and ethical standards that we expect from everyone who works for or represents any part of ADNOC L&S.

Please download the Code of Conduct

Code of Conduct
2.63MB

Please download the Supplier and Partner Code of Ethics

Supplier and Partner Code of Ethics
0.93MB
Board Committees
The Board will establish three permanent committees – an Audit Committee, a Nomination and Remuneration Committee (each of which will be subject to the composition requirements of the Governance Rules), and an Executive Committee.

If the need should arise, and subject to the Articles of Association, the Board may set up additional committees as appropriate. In accordance with the Governance Rules, the Chairperson is not permitted to be a member of either the Audit Committee or the Nomination and Remuneration Committee.

Our Articles of Association state that the composition of the Audit Committee, the Nomination and Remuneration Committee, and the Executive Committee will be specified in the relevant terms of reference adopted by the Board from time to time.

A high-level overview of the mandate of each of these committees, as at Listing, is set out below.
Audit Committee

Chairperson

H.E. Dr. Sultan Al Jaber Ahmed Sultan Essa Aljaber

His Excellency Dr. Sultan Ahmed Sultan Essa Aljaber was appointed as the Chairperson of ADNOC Logistics & Services as of the establishment of the Company. H.E. Dr. Sultan Ahmed Sultan Essa Aljaber has served as Group Chief Executive Officer and Managing Director of ADNOC since February 2016.
H.E. Dr. Sultan Ahmed Al Jaber is an active member of the Anwar Gargash Diplomatic Academy Board of Trustees, and Chairman of the Board of Trustees of the Mohamed bin Zayed University of Artificial Intelligence and holds a Ph.D. in Business and Economics from Coventry University, UK, a MBA from California State University, USA, and a BSc in Chemical and Petroleum Engineering from the University of Southern California, USA.

Board Of Directors

Khaled Salmeen Anber Salmeen

Director

Mr. Salmeen is the Executive Director of Downstream Industry, Marketing and Trading (“DM&T”) at ADNOC. In this role, he leads ADNOC’s Trading and Supply functions, as well as its Downstream and Industry operations. This includes the growth of its existing refining and petrochemicals business and the development of TA’ZIZ a globally competitive industrial eco-system in Ruwais.

Khaled Mohamed Abdulla Alalkeem Alzaabi

Director

Mr. Alzaabi is the Group Chief Financial Officer of ADNOC. Prior to this, he served as Senior Vice President responsible for ADNOC Group financial planning, budgeting, management information reporting, and performance management for ADNOC. He led the execution of accounting and statutory reporting activities, that supports the realization of business objectives and ensures compliance.

Dr. Abdulla Humaid Saif Aljarwan Alshamsi

Director

Dr. Al Jarwan is the acting Director of The Executive Office (TEO) Directorate at ADNOC, where he leads on providing strategic guidance and decision-making support for the ADNOC Group CEO and Executive Leadership Team (ELT). In this role, he oversees business-critical, CEO-directed projects and enables long-lasting, mutually beneficial business outcomes for the Group’s stakeholders.

Tayba Abdulrahim Mohamed Alhashmi

Director

Ms. Alhashmi is the Chief Executive Officer of ADNOC Offshore, one of the largest offshore energy producers in the world. She brings more than 20 years of industry experience across a range of technical disciplines and leadership positions. In her current role, she leads a team of 8,000 people and works with eight international partners.

Khalid Abdulhaq Abdulla Barkat Abdulsamad

Director

Mr. Khalid Abdul Samad serves on the Board of Directors of the Company and is also the Senior Vice President of the production function in the Upstream directorate of ADNOC. He is tasked with governing the production operations of the ADNOC Upstream directorate. Prior to this, Mr. Samad has held key leadership roles across ADNOC Onshore value chain.

Mashal Saoud Mohamed Alkindi Alseiari

Director

Mashal Al-Kindi has been a part of the ADNOC Group for over 14 years in varying senior management positions, spanning ADNOC’s Executive Office, Upstream and Downstream Industry, Trading & Marketing (DM&T) Directorates. He was also instrumental in establishing joint ventures (JVs) in several ADNOC group companies. In February 2023, Mashal joined TA’ZIZ as Acting Chief Executive Officer.

Senior Management

Captain Abdulkareem Mubarak Ahmed Abdulla Almessabi

Chief Executive Officer

Captain Abdulkareem Al Masabi leads ADNOC L&S. Before assuming his current role in April 2018, Captain Abdulkareem Al Masabi was the Executive Vice President of the Ports Unit at Abu Dhabi Ports and the Chairman of Abu Dhabi Terminals. He was responsible for all of Abu Dhabi Ports’ day-to-day operational activities and provided operational leadership for the ports’ growth.

Nicholas Murray Gleeson

Chief Financial Officer

Mr. Gleeson is currently serving as the Chief Financial Officer of the Company. Mr. Gleeson has a broad range of experience in energy logistics and strategic leadership along with experience in initial public offerings, mergers, acquisitions and disposals. Prior to his current role, he was the Group Chief Financial Officer of BW Group.

Ahmad Saeed Obaid Bin Taresh Aldhaheri

Senior Vice President, Commercial & Operations (Shipping)

Mr. Ahmed Al Dhaheri is the Senior Vice President of Commercial & Operations (Shipping) of the Company and has been working with the Company’s subsidiaries for the last 25 years in various management positions. In his current role, Mr. Al Dhaheri looks after the Company’s core business.

Captain Mohamed Ali Mousa Torki Al-Ali

Senior Vice President, Operations (Offshore Logisitics) 

Captain Mohamed Al Ali is the Senior Vice President Offshore Logistics. In his current role, he oversees the commercial logistics and operational activities of the ports, offshore supply and support fleet to provide end-to-end offshore logistics solution to the customers including warehousing, material handling, port and offshore supply operations.

Vivek Kumar Seth

Senior Vice President, Marine Services

Mr. Seth is currently serving as the Senior Vice President of Marine Services of the Company and the Company’s subsidiary Abu Dhabi Marine Business Services Company PJSC. He has more than 32 years of global management, commercial and operations experience in aligning corporate vision with strategic transformation. He has worked across deep sea shipping, offshore maritime segments globally.

Justin Sawdon Stewart Murphy

Senior Vice President, Strategy & Business Development

Mr. Murphy is the Senior Vice President of Strategy & Business Development of the Company and has more than 30 years' experience in the maritime and logistics industry. He has served in a range of roles across the globe, including the USA, Canada, Singapore, London and Abu Dhabi.

Andrew Baird

General Counsel

“Mr Baird is currently serving as the General Counsel of the Company. He is an English law qualified Solicitor and has over thirty-five years’ experience in private practice focused on the maritime and offshore industries. Before taking on his current role, he was a Partner in the law firm Watson Farley & Williams LLP and was the founder and Managing Partner of the firm’s Dubai office.”