{"data":{"id":"a2e0ccf3-88ff-4a1a-9b2e-7e0f3891590f","type":"article","translation_group_id":"a2e0ccf3-8526-4347-b612-13e0bd65e25e","language":"en","content_type":"announcement","title":"Modon Group MD Abdulla Al Sahi resigns, remains on board","dek":"H.E. Abdulla Al Sahi steps down as Group Managing Director of Modon Holding PSC effective 1 October 2026 and stays a Board member.","slug":"modon-group-md-abdulla-al-sahi-resignation-1-oct-2026","published_at":"2026-10-01T13:40:36+00:00","updated_at":"2026-10-01T14:14:32+00:00","primary_category":{"id":"2","type":"category","key":"corporate","name":"Corporate","slug":"corporate","summary":"Company filings, board decisions, M&A, buybacks, and governance across listed issuers.","seo_title":"Corporate News | Capital Wire","meta_description":"Company filings, board decisions, M&A, buybacks, and governance news covering listed issuers across UAE and GCC equity markets."},"featured_media":{"id":"a2e0ceb9-4869-4965-a5d5-a110ffe1e1cd","type":"media","url":"https:\/\/capital-wire.com\/storage\/media\/e7aba95acbf0645b7b17ee813cc14bcb033d263aa1f59bd23423dbd9cc188a85.webp","mime":"image\/webp","srcset":"https:\/\/capital-wire.com\/storage\/media\/e7aba95acbf0645b7b17ee813cc14bcb033d263aa1f59bd23423dbd9cc188a85-640.webp 640w, https:\/\/capital-wire.com\/storage\/media\/e7aba95acbf0645b7b17ee813cc14bcb033d263aa1f59bd23423dbd9cc188a85.webp 1200w","width":1200,"height":630,"alt":"Modon Group MD Abdulla Al Sahi resigns, remains on board","caption":"MODON site cover \u2014 Template A","credit":"Capital Wire","license":"operator-supplied","ai_generated":false},"entities":[{"id":"a2e00734-3d7a-4055-8f6b-4a6779ce41e4","type":"entity","entity_type":"company","collection":"companies","name":"Modon Holding PSC","slug":"modon-holding-psc","ticker":"MODON","is_primary":true},{"id":"a2de49ec-e234-4a3e-8a21-8f7e689df60f","type":"entity","entity_type":"exchange","collection":"exchanges","name":"Abu Dhabi Securities Exchange","slug":"adx","ticker":null,"is_primary":false},{"id":"a2e0ccc0-80a8-465e-8bbb-f76813fc3ebb","type":"entity","entity_type":"person","collection":"people","name":"Abdulla Al Sahi","slug":"abdulla-al-sahi","ticker":null,"is_primary":false}],"flags":{"breaking":false,"featured":false,"correction":false},"subtitle":null,"executive_summary":"Modon Holding PSC disclosed that H.E. Abdulla Al Sahi resigned as Group Managing Director effective 1 October 2026, according to an ADX filing. He remains a Board member, and the disclosure does not name a successor.","key_points":["Modon Holding PSC said H.E. Abdulla Al Sahi resigned as Group Managing Director effective 1 October 2026.","H.E. Abdulla Al Sahi remains a member of the Board of Directors of Modon Holding PSC.","The ADX filing is referenced IR\/MODON\/RESIGNATION\/01\/10\/2026 and signed by Ali Al Gizawi, Group General Counsel & Board Secretary.","Modon Holding PSC (MODON) did not name a successor Group Managing Director in this disclosure.","Investors following Modon Holding PSC on ADX are watching for any later appointment that fills the vacancy."],"body":[{"type":"paragraph","text":"## What happened"},{"type":"paragraph","text":"Modon Holding PSC disclosed that H.E. Abdulla Al Sahi has resigned as Group Managing Director effective 1 October 2026, according to an ADX disclosure. He will continue to contribute to the Group\u2019s business as a member of the Board of Directors. The filing, referenced IR\/MODON\/RESIGNATION\/01\/10\/2026 and signed by Ali Al Gizawi, Group General Counsel & Board Secretary, does not name a successor."},{"type":"paragraph","text":"## Why it matters"},{"type":"paragraph","text":"The Group Managing Director post sits at the centre of Modon Holding PSC\u2019s executive leadership. The disclosure confirms Board continuity while leaving succession for that top executive role unanswered in this filing."},{"type":"paragraph","text":"## Who is exposed"},{"type":"paragraph","text":"Shareholders and market participants following Modon Holding PSC (MODON) on Abu Dhabi Securities Exchange are exposed to any later board or executive appointments that fill the Group Managing Director vacancy."},{"type":"paragraph","text":"## What to watch next"},{"type":"paragraph","text":"Whether Modon Holding PSC names a successor Group Managing Director, and any further ADX governance filings that clarify the executive structure."}],"seo":{"seo_title":"Modon Group MD Abdulla Al Sahi resigns | Capital Wire","meta_description":"Modon Holding PSC says H.E. Abdulla Al Sahi resigned as Group MD effective 1 Oct 2026; he remains a Board member. No successor named.","og_title":"Modon Group MD Abdulla Al Sahi resigns | Capital Wire","og_description":"Modon Holding PSC says H.E. Abdulla Al Sahi resigned as Group MD effective 1 Oct 2026; he remains a Board member. 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