Biography

Matthew Madanat joined TECOM Group on 25 May 2023 as the Risk and Compliance Director, bringing over a decade of experience in risk management and compliance. His previous roles at Deloitte and PwC equipped him with extensive expertise in enterprise risk frameworks, business continuity management, and strategic risk mitigation for listed and private entities. As Risk Officer, Matthew is leading TECOM Group's efforts to embed a proactive risk culture and strengthen its resilience against emerging risks. His leadership ensures that risk management practices are seamlessly integrated with TECOM Group's strategic objectives and stakeholder expectations. In compliance with Clause (5) of Article (69) of Chairman of the Board of the Authority Decision No. 02/R.M of 2024 (Amendment of the Chairman's Decision No. 3/R.M for the year 2020 concerning the Corporate Governance Guide for Public Joint Stock Companies), which prohibits combining the role of Compliance Officer with any other function or role within the company, TECOM Group has initiated the process of hiring a dedicated Compliance Officer. During this interim period, Matthew Madanat, Risk Officer, will serve as Interim Compliance Officer to ensure continuity and adherence to regulatory requirements. Matthew's extensive background in establishing and managing compliance programmes ensures that TECOM Group maintains the highest standards of regulatory alignment and governance. The appointment of a dedicated Compliance Officer is expected to be finalised in 2025, further reinforcing TECOM Group's commitment to meeting SCA's requirements and fostering a culture of integrity.

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