Shuaa Capital appointed Badr Al Olama (LinkedIn) as chairman of its board of directors, according to an ADX disclosure (pdf). Olama, who formerly served as an executive at Mubadala, was re-elected as an independent board member at Shuaa last week, after former chairman Fadhel Al Ali stepped down from the position.

Nabil Ramadhan was appointed as vice chairman and Ahmed Alahmadi (LinkedIn) was appointed as the company’s managing director.

REMEMBER- The company — which has seen net losses deepen more than fivefold over the past year — also saw CFO Gunshyam Kripa resigning earlier in January, after seven months in the position, along with board members André George Sayegh and Maha AlQattan for “personal reasons.”

Sharjah Ins. tapped Ahmed Al Midfa (bio) as chairman of its board of directors, while Ahmed Salem Al Hosani was named vice chairman, according to an ADX disclosure (pdf).

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