O'Regan assumed his position in January 2024. Modon Holding operates in real estate, hospitality, asset management, investments, events, catering and tourism. In 2025, it recorded $3.8 billion in revenues and had $23.7 billion in total assets, generating $10 billion in real estate sales. In December 2025, it sold out Bashayer on Abu Dhabi’s Hudayriyat Island on launch day, raising $817 million in sales. In October 2025, L’IMAD Holding, wholly owned by the Abu Dhabi government, acquired 84.76% of Modon.