Abu Dhabi, United Arab Emirates, 10 June, 2024: Presight, the region’s leading big data analytics company powered by generative artificial intelligence (AI), announced today the election of His Excellency Dr. Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology and ADNOC Managing Director and Group CEO, as Chairman of the Board of Directors.
H.E. Dr. Al Jaber is highly-regarded for his leadership, sound business acumen and global industrial knowledge as Group CEO of ADNOC, and is a long-standing champion in spearheading and investing in advanced technologies to support the UAE’s strategic national agenda. The Presight Board also elected His Excellency Mansoor Al Mansoori as Vice Chairman of Presight and Chairman of the Executive Committee. The other members of the board include: Suhail Bin Tarraf, Kiril Evtimov, Abdulla Rashed Alrashdi, Hamda Almheiri and Thomas Pramotedham.
H.E. Mansoor Al Mansoori said: “The election of H.E. Dr. Sultan Al Jaber as Chairman significantly strengthens Presight’s board. With each board member bringing unique experiences, we are poised to accelerate Presight’s growth both locally and globally. As AI revolutionizes various sectors, Presight will lead in driving responsible AI adoption, creating positive impact. This aligns with the UAE’s vision to lead in AI, fostering economic growth, productivity, and prosperity.”
Thomas Pramotedham, CEO of Presight, said: “It is a privilege to welcome H.E. Dr. Al Jaber – a visionary, globally-recognized business leader, and a well known advocate of advanced technologies – to the Board of Presight. I also extend my heartfelt gratitude to H.E. Mansoor Al Mansoori for his guidance, leadership and steadfast support that saw Presight through its IPO and its phenomenal growth to date. Having H.E. Dr. Al Jaber as Chairman, and H.E. Mansoor Al Mansoori as Vice-Chairman of Presight gives the company huge impetus for growth and positions us ideally to ride the surge in demand for AI and big data analytics to further success for Presight.”
In May 2024, Presight shareholders approved the acquisition of 51% of AIQ with ADNOC retaining a 49% shareholding. As part of the transaction, ADNOC assumed a 4% shareholding in Presight and the three entities are focused on accelerating the development of breakthrough AI solutions for the energy sector.
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About Presight
Presight, an ADX-listed public company limited by shares whose majority shareholder is Abu Dhabi company G42, is the region’s leading big data analytics company powered by Artificial Intelligence (“AI”). It combines big data, analytics, and AI expertise to serve every sector, of every scale, to create business and positive societal impact. With its world-class computer vision, AI and omni-analytics platform as its engine, Presight excels at all-source data interpretation to support insight-driven decision-making that shapes policy and creates safer, healthier, happier, and more sustainable societies. For media enquiries, email: [email protected]
