In September 2019, Mr. Al Menhali was appointed Chief Executive Officer of Waha Capital, SDX's largest shareholder with a 19.48% interest in the Company. He has a track record of over 20 years in senior leadership positions across a number of high profile institutions, with expertise in strategy, finance, risk, credit and corporate governance. Mr. Al Menhali has also served on the boards of prominent regional and international companies in diverse sectors and industry bodies, including the UAE Banks Federation.

Michael Doyle, Non-Executive Chairman of SDX, commented: 
"We are very pleased to welcome Mr. Al Menhali to the Board of SDX as a Non-Executive Director. His appointment demonstrates the ongoing support of our largest shareholder, Waha Capital. Mr. Al Menhali has significant experience in senior management and board positions across a number of high profile institutions in our operating region and we are looking forward to his contribution and insight as the Company continues to deliver on its objectives."

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