Hub71 has recently announced new appointments within its leadership team to continue scaling Abu Dhabi’s global tech ecosystem.
Industry sources added that in a strategic initiative aimed at positioning Abu Dhabi as one of the leading startup hubs globally, Ahmad Ali Alwan has transitioned from Deputy Chief Executive Officer to Chief Executive Officer of Hub71 as of January 2024.
Alwan joined Hub71 as a founding member in 2019 and was appointed Deputy Chief Executive Officer of Hub71 in October 2022. Since then, Alwan has played a critical role in spearheading Hub71’s strategic development to become one of the region’s premier tech startup hubs supporting more than 260 startups that have raised over AED 5 billion in capital.
Industry sources further added that Alwan’s appointment comes amid senior leadership moves internally, including the appointments of Basma Ahmed AlBadi AlDhaheri as Head of Value Creation, Hashem Al Kaabi as Head of Operations and Corporate Services, Mohammed Alkhoori as Head of Marketing and Communications, and Peter Abou Hachem as Head of Growth and Strategy.
According to Industry sources before becoming Deputy Chief Executive Officer, Alwan was a part of the UAE Clusters Asset Management team at Mubadala’s UAE Investment Platform where he managed a portfolio of UAE-based aerospace and technology assets. He has also played a critical role in launching Abu Dhabi Catalyst Partners in 2019. In addition, Ahmad was previously part of Mubadala’s Portfolio Strategy team and contributed to formulating the corporate strategy, overlaying internal and stakeholder objectives as well as supporting Mubadala’s leadership with special projects.
His Excellency Ahmed Jasim Al Zaabi, Chairman of Hub71, stated: “Within Abu Dhabi’s soaring ‘Falcon Economy’, Hub71’s transformative impact on the startup landscape is undeniable. Under the ambitious leadership of Hub71, startups globally have a destination where innovation thrives, and growth unlocks endless possibilities. Ahmad has witnessed Hub71’s growth stages and played a pivotal role in building the global tech ecosystem in Abu Dhabi.”
His Excellency Ahmed Jasim Al Zaabi further adds “The journey ahead is exciting, and we are confident that his deep knowledge and experience in helping startups and founders grow and scale disruptive technology companies from the UAE will shape the future of Abu Dhabi’s tech ecosystem.”
In 2023, Hub71 helped solidify Abu Dhabi’s ranking as the fastest-growing tech ecosystem in the Middle East and North Africa (MENA) and among the fastest-growing worldwide, according to Startup Genome and the Global Entrepreneurship Network.
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