Board of Directors
Fadhel Al Ali
Fadhel Al Ali was appointed as a Board Member to the SHUAA Board in June 2019 and was appointed as the Chairman in July 2019.
His last position with First Abu Dhabi Bank (FAB) was as Deputy Group CEO and Group Chief Operating Officer. Prior to joining FAB in 2017, Mr. Al Ali was the Chief Executive Officer of Dubai Holding, a global group with assets of USD 35 billion across 21 countries and interest in 14 economic sectors. Mr. Al Ali led the financial restructuring of Dubai Holding’s investment groups and led the new business model of Dubai Holding as a strategic investor.
A strategic leader with extensive experience in corporate governance and commercial roles in a variety of business contexts such as start-ups, rapid growth, fix-it and turnarounds. Focused on value creation to meet shareholder expectations. Breadth of experience, having worked in multiple industries including real estate, hospitality, investment and banking and having led corporate functional organizations such as Finance, HR, Legal, Business Excellence and Marketing and Communication.
Mr. Al Ali started his career at Dubai Municipality in 1987, before joining Citibank in 1989. At Citibank, Mr. Al Ali quickly rose up the ranks and was appointed as UAE Head of Distribution, before his departure to join Dubai Holding in 2004.
Mr, Al Ali is the Chairman of Dubai Financial Services Authority, FAB Suisse (Private) Bank SA , MIRA Bank, Serbia and a board member with Abdu Dhabi Development Holding (ADQ). He is the Vice Chairman of First Gulf Libya Bank and is a board member with Al Nahdha Investments.
Mr. Al Ali holds a Bachelor of Science in Industrial and System Engineering from University of Southern California and a degree in High Performance Boards, International Institute for Management Development (IMD), Lausanne.
Ahmed Bin Braik
Bin Braik is a prominent UAE national banker, Ahmed Bin Braik ranks amongst the senior most finance professionals in the GCC and MENA region. Mr. Bin Braik initially joined Citibank N.A. in 1981 as an Account Officer – Relationship Management. Having held key roles such as Corporate Banking Head and Private Banking Group Head, to then become Business Manager UAE & Gulf, Mr. Bin Braik went on to lead Citibank N.A. UAE & Oman as CEO for 12 years. He established a diversified business in Commercial and Retail to become today a premier institution in the UAE and the first in many areas including leadership in credit cards and winning of Dubai Quality Awards. During his tenure, Citibank N.A. registered an explosive growth in profits from a loss of AED 1 million in 1990, to touch a record AED 150 million.
Most recently, Bin Braik held senior positions within Majid Al Futtaim Holding (MAF) where he worked for nearly 10 years, retiring as the Deputy CEO of the Group Holding Company and a member of the Holding Board. Bin Braik was instrumental in shaping the overall strategy of the business, negotiating key joint ventures and making acquisitions for the Group including the successful signing of the JV Agreement with Orix and JCB International to issue credit cards. During his tenure at MAF, Bin Braik has held various key roles including the Chairman of MAF Ventures, Deputy Chairman of MAF Properties, Board Member of MAF Retail, MAF Trust, CEO of MAF Ventures and Acting CEO of MAF Properties.
Prior to joining MAF, Bin Braik founded and served as CEO of Dubai Bank, the first UAE Bank to be successfully launched in a record time of 4 months, thus creating a new benchmark in delivery cycles as well as sheer innovation in new products and services.
A seasoned industry veteran, he was also Founder Board member of the Dubai International Financial Centre and Dubai Economic Council, as well as a board member of Bank Islam Malaysia, MasterCard Middle East, Emirates Institute for Banking and Financial Studies, Al Masraf Bank UAE, and British Telecom Saudia, as well as Chairman of 3D Consulting.
Bin Braik is a graduate of Leeds University, UK, and is a member of the Association of Accounting Technicians.
Murshed Al Redaini is the Group Chief Executive Officer of Yas Holding LLC (YHL), a UAE- headquartered holding company engaged in multi- business sectors.
Murshed joined the group in 2006, initially as the CEO of C4 Advanced Solutions (now an EDGE Group company) and thereafter assumed the role of Group CEO to spearhead YHL’s rapidly expanding portfolio.
Under his leadership YHL underwent a series of successful divestments and acquisitions across key economic sectors, resulting in a thriving portfolio that spans more than 60 companies employing 7,000 employees.
Today, Yas Holding is well positioned as a preeminent investment company engaged in agriculture, food, healthcare, education, aviation, real estate, technology, services and others. Most notably, Murshed led the foray of YHL into international markets including Serbia, Morocco, Mauritania, Ethiopia, Sierra Leone, Indonesia, Malaysia & Egypt.
In accordance with the stated YHL vision, Murshed and his executive leadership team are focused on transforming the company into an agile, innovative and progressive organization in the coming years.
Murshed values with pride, his 15-year service with the UAE Armed Forces following his Bachelor Degree in Electronics Engineering from the USA and an MBA from the UAE. As an accomplished business leader he serves on several internal and external boards.
Chris Ward has had over 30 years’ experience in corporate finance, during which time he has advised on many transactions and capital raisings in a wide variety of sectors and markets.
Chris was an equity partner of Deloitte in the UK from 1979 to 2008 (when he relocated to Dubai), and held a number of roles at various times, including Head of Corporate Finance Advisory in the UK and Global Head of Corporate Finance Advisory. More recently, from September 2008 to May 2011, Chris established and ran the Financial Advisory Services practice of Deloitte in the Middle East, as the Chief Executive Officer of Deloitte Corporate Finance Limited (DFCL), a company regulated by the Dubai Financial Services Authority. In February 2012, he joined the Board of Qannas Investments Limited, and has served as the Company’s chairman since then. From September 2014 to April 2018, he served on the Board of Gems Education Group, and chaired the Investment Committee of the Board..
Chris served from 2007 to 2011 as a member of the Board of the Corporate Finance Faculty of the Institute of Chartered Accountants in England & Wales (“ICAEW”). He was the Faculty’s Chairman from 2004 to 2008 and during his tenure the Faculty launched the Corporate Finance qualification. Until his move to Dubai, he was a member of the Council of the ICAEW. In 2011, he received the award of ‘Outstanding Achievement in Corporate Finance’ from the ICAEW.
Chris is a qualified UK Chartered Accountant (a Fellow of the ICAEW) and while at DFCL, was authorised by the Dubai Financial Services Authority to conduct investment business. Prior to moving to Dubai, he was authorised by the UK’s FSA. He is a graduate in Commerce & Accounting (B.Sc.) from Southampton University, and is a holder of the Corporate Finance qualification (CF).
Badr Al-Olama is the Executive Director of the UAE Clusters unit within Mubadala’s UAE Investments platform which has been formed to accelerate the UAE’s economic transformation by investing in national champions, fostering vibrant industrial and commercial clusters, and partnering with world-class global organizations.
In addition to his responsibilities in overseeing a diverse portfolio of businesses in multiple sectors spanning across technology, aerospace, and healthcare, Badr is leading a dynamic team that are incubating new sectors and startups to further diversify the UAE’s economy, and is also heading the Global Manufacturing and Industrialisation Summit (GMIS) – a pioneering collaborative platform that has been jointly established by the United Arab Emirates and the United Nations Industrial Development Organization (UNIDO).
Badr is the Chairman of Strata Manufacturing (Strata), the Sanad Group (Sanad), and Emirates Post Group, and also serves as a Board Director at Al Yah Satellite Communications Company (Yahsat), Mubadala Health, SHUAA Capital, Oumolat Security Printing, YAS Holding LLC, TASIAP GmbH – a joint venture with Daimler AG, as well as a number of automotive and energy joint ventures in Algeria. Through GMIS, Badr also oversees the Mohammed bin Rashid Initiative for Global Prosperity – an open innovation platform that aims to accelerate solutions that solve real world challenges that are linked to the Sustainable Development Goals of the United Nations.
Nominated as a ‘Young Global Leader for the Middle East and North Africa Region’ by the World Economic Forum in 2016, Badr began his career as a lawyer and holds a degree in Shari’a and Law from the UAE University (2002) as well as an LL.M from Harvard Law School (2005).
Maha AlQattan has been leading the People function at DP World since 2017. As Group Chief People & Sustainability Officer, Maha is focused on empowering DP World’s global trade portfolio of more than 71,000 people in over 69 countries.
Maha is passionate about driving strategic business value through culture, performance management and talent development, and sees the people function as key to fostering smarter thinking, more creative innovations, and stronger outcomes.
Since joining DP World, Maha has transformed the HR function from more traditional practices to more innovative and agile ways of working, from introducing AI applications to improve productivity, to introducing DP World Principles.
Maha has a master’s degree in Industrial and Labour Relations, from Cornell University (USA) and a Bachelor of Business Administration in Management and Human Resources from the University of Wisconsin-Madison. She is also a graduate of the Mohammed Bin Rashid Centre for Leadership Development Promising Leader’s programme run by Duke University and INSEAD
Lamis Al Hashimy
Lamis Al Hashimy is the Co-Founder of Palmade®, a UAE initiative aimed to replace single-use plastics through a new biodegradable composite that uses date palm biomass. The company’s mission is to create a new economy around palm made products that help our society make conscious choices about how we consume and live in harmony with our natural world.
Lamis is a seasoned finance professional who has held senior positions in the fields of Finance, Investor Relations and Corporate Governance. At Dubai Holding, for more than decade, Lamis set up and led the Investor Relations and Corporate Governance Departments. She participated in global road shows to raise funding for Dubai Holding and its subsidiaries, assisted in the management and refinancing of debt structures, and led discussions with rating agencies, investors and stakeholders. She also played a leading role in institutionalizing independent boards of directors for Dubai Holding and its subsidiaries.
Since 2014, Lamis is a founding Board Member of the Milele Zanzibar Foundation, a non-profit, non-governmental organization founded by a group of concerned global citizens with the aim of ensuring the sustainable development and improved quality of Zanzibari communities. With an endowment of $15m, the organization is helping to accelerate progress in the areas of health, education and livelihood opportunities.
In her earlier career, Lamis built her international expertise at top firms such Deloitte in Boston, Massachusetts and Morgan Stanley in London, UK.
Lamis holds a Bachelors and Master Degree of Science in Accounting from the Carroll School of Management at Boston College in Massachusetts, USA.
Group Chief Executive Officer
Jassim Alseddiqi is the Group Chief Executive Officer of SHUAA Capital, the leading asset management and investment banking platform.
Jassim is known for his dynamic and innovative approach, having pioneered many investment strategies in the region. He is currently the Chairman of Islamic Arab Insurance Company (SALAMA) and Eshraq Investments. He also serves on the boards of First Abu Dhabi Bank (FAB), Dana Gas and Abu Dhabi Chamber of Commerce and Industry.
Jassim holds a BSc in Electrical Engineering from the University of Wisconsin-Madison and an MSc in Electrical Engineering from Cornell University. He has also served as a noted lecturer at the Abu Dhabi-based The Petroleum Institute.
Group Chief Operating Officer
Bechara is the Group Chief Operating Officer responsible for overseeing the Group’s support and operational functions and ensuring timely provisions and allocation of human, financial and physical resources. Bechara has nearly 30 years of professional experience, having held several senior positions in the financial services industry, including Chief Operating Officer at Credit Suisse for the Middle East and Africa and Chief Operating Officer at Audi Capital in Saudi Arabia. He also has extensive experience in hi-tech firms and entrepreneurial ventures.
Bechara holds degrees from the American University of Beirut (BE ’89), Virginia Tech (MS ’90), and INSEAD (MBA ’95D).
Group Chief Financial Officer
Joachim is the Group Chief Financial Officer responsible for driving operational excellence across the Group’s Finance, Treasury, Tax and Investor Relations functions as well as for providing budgeting, decision-making and reporting support to the Group’s portfolio companies.
Joachim has more than 20 years of international experience across Investment Banking and Finance. Prior to joining the Group, Joachim held several senior positions at Deutsche Bank in Frankfurt and London, including CFO for EMEA and Group Head of Investor Relations. Earlier, Joachim was a top ranked sell-side equity research analyst at JP Morgan, HSBC and Credit Agricole Cheuvreux in London and Frankfurt.
Joachim holds an MSc in Investment Management from Cass Business School London, and Bachelor degrees in European Business Studies from Manchester Metropolitan University and University of Applied Sciences Bochum. He was also a guest lecturer at the Ludwig Maximilian University Munich’s Institute of Strategic Management.
Group Chief Legal & Compliance Officer
Bachir is the Group Chief Legal & Compliance Officer of the Group and manages the multijurisdictional legal and compliance requirements of the business.
With over 18 years of experience, Bachir focuses on transactional cross border work, strategic distressed opportunities and contentious matters. He is known for his expertise in the area of shareholder activism, he specializes in governance improvement while implementing portfolio turn-around strategies.
Bachir holds an LLB from Saint Joseph University, Beirut, Lebanon.
CEO of Real Estate
Walid El-Hindi is the CEO of Real Estate of SHUAA Capital, responsible for managing SHUAA’s significant real estate portfolio and activities across the value chain and multiple geographies. His role will encompass driving further growth in the Group’s real estate platform.
Walid brings with him a wealth of experience in the real estate sector spanning over 25 years. Previously, he spent five years as CEO at IMKAN Properties where he led the establishment and growth of the company into one of the leading property developers in the Middle East. During this time, he was responsible for building a portfolio of developments now valued at over AED 100 billion and comprising 26 projects across six countries. Walid was also a board member and Managing Director of IMKAN Misr, a board member of IMKAN Maroc, as well as a board member of HHRM, an international hotel management company.
Prior to this, Walid worked as Chief Development Officer for Emaar Misr and managed an international portfolio of developments with a value of more than USD 12 billion. He began his career as an architect and real estate developer in the United States.
Walid holds a Bachelor of Architecture degree from the University of Minnesota, where he also subsequently taught architecture as an adjunct faculty member.
MD, Head of Investment Banking
Fawad Tariq Khan
Fawad is the MD, Head of Investment Banking at SHUAA Capital psc, the DFM-listed entity and a leading asset management and investment banking platform.
Fawad is responsible for SHUAA Capital’s advisory, capital markets and credit business lines.
Fawad also serves on the Board of Directors of Northacre-London and NCM a global FX and commodities platform.
Fawad started his career with Deloitte based out of London before joining the Dubai office where he helped set up its Middle East debt advisory practice.
He holds an MSc in Business Studies from UCD Smurfit Business School and a BSc in Computer Science from University College Cork. Fawad also served with the Irish Reserve Defence Forces in the military police.
MD, Head of Public & Private Markets
Ajit Vijay Joshi
Ajit is the MD, Head of Public & Private Markets. He is also the investment manager of Goldilocks Investment Company Limited, an investment fund launched in 2015. Goldilocks has a mandate to invest in listed equities by taking a constructive activist role and unlock value.
Ajit joined the Group in August 2014 and has over 16 years of professional experience in technology consulting, equity research, investment banking and investment management.
Prior to joining the Group, Ajit worked with Bank Muscat’s investment banking team where he advised and executed equity and debt advisory transactions across GCC’s petrochemicals, contracting, oil gas services, marine and hospitality sectors.
Ajit holds a Bachelor of Engineering degree in Computer Engineering and holds an MBA from Indian Institute of Management Lucknow.
Head of Debt
Natasha is the Head of Debt.
She has broad experience in advisory, origination, structuring and execution across multiple asset classes including Private Equity and Debt Investments, Real Estate and Fixed Income.
Over the last five years, in her previous role as a Director with the Private Debt platform of the Group, she has structured over USD 7 bn in financing including last mile and mezzanine financing.
Prior to joining the Group in 2014, Natasha was part of the Corporate Finance and Debt Advisory team at Deloitte Corporate Finance Advisory in Dubai.
Natasha holds an MSc in Physics and Mathematics from the University of Bristol in the UK with a year at University of Bologna, Italy.
Head of Internal Audit
Olivier has close to 20 years of experience within the investment fund and asset management industry. Prior to joining the Group, he was for 14 years at State Street where he served as EMEA Internal Audit Director responsible for State Street’s asset management arm. Olivier was also the Head of Audit for State Street Banque France, a function that he had established in 2008. Prior to State Street, Olivier was at Deloitte Luxembourg where he led various audit assurance projects for large investment funds and private banks.
Olivier holds a German and French double degree from ESB Reutlingen and Reims Management School. He also holds two international certifications: Certified Internal Auditor (CIA) and Certified Risk Management Assurance (CRMA).
Head of Risk Management
Shabana Osmani is the Head of Risk Management, responsible for developing and maintaining the enterprise-wide risk management framework for the Group, increasing transparency and visibility on risk profiles and incorporating risk intelligence into business decision making.
Shabana has over 18 years of experience in the Financial Services industry. Prior to joining the Group, Shabana held several positions at Morgan Stanley in London over a 12-year tenor within Operations and Risk Management, including Operations Director in Equity Derivatives, Global Lead for Risk Process Validation, PMO for Global RCSA programme, and COO of EMEA Stress Testing, Portfolio Risk and Capital. Shabana also spent four years at ING Investment Management in Dubai within Operations and Risk Management.
Shabana holds a BSc (Hons) in Mathematics from Queen Mary University of London in the U.K., and a certification in International Risk Management.