NOVA Chemicals Names New Chairman of the Board

Calgary, AB (February 24, 2021) – NOVA Chemicals Corporation (NOVA Chemicals) today announced the appointment of Mr. Ahmed Yahia, Chief Executive Officer, Direct Investments at Mubadala Investment Company to the position of Chairman, NOVA Chemicals’ Board of Directors.

Mr. Yahia succeeds Mr. Musabbeh Al Kaabi, who was appointed as Chief Executive Officer, UAE Investments at Mubadala, as part of Mubadala’s recent restructure. Mr. Al Kaabi will remain on NOVA Chemicals’ Board of Directors.

In addition, the following individuals have also joined the Board:

To view the full Board, visit Board of Directors | NOVA Chemicals.


About Ahmed Yahia
Ahmed is the CEO, Direct Investments at Mubadala, with oversight of the energy, chemicals, technology, life sciences, consumer, industrials and financial services portfolios. 

Prior to joining Mubadala, Ahmed was a partner at McKinsey & Co., where he co-led the Principal Investor practice and was also the Managing Partner of the Abu Dhabi practice.  He was formerly a Marketing Manager at Procter & Gamble, where he led several flagship brands.

Education: Bachelor of Science in Industrial Engineering from the École Centrale Paris; Master of Science in Mechanical Engineering from the Massachusetts Institute of Technology.

Board Positions: Chairman of GlobalFoundries and Cepsa; board member of Emirates Global Aluminium and PCI Pharma Services.

About NOVA Chemicals Corporation
NOVA Chemicals develops and manufactures chemicals and plastic resins that make everyday life safer, healthier and easier. Our employees work to ensure health, safety, security and environmental stewardship through our commitment to sustainability and Responsible Care®. NOVA Chemicals, headquartered in Calgary, Alberta, Canada, is wholly-owned ultimately by Mubadala Investment Company of the Emirate of Abu Dhabi, United Arab Emirates.

Visit NOVA Chemicals on the Internet at

For further information, please contact:
Investor Relations
Patty Masry, Leader, Financial Reporting & Investor Relations 


The NOVA Chemicals logo is a registered trademark of NOVA Brands Ltd.; authorized use.
Responsible Care is a registered trademark of the Chemistry Industry Association of Canada.