Chief Financial Officer
SHUAA Capital
Total years of experience :12 years, 5 Months
2013
Started as Head of Accounting with quick series of promotions until assuming the roles of CFO/COO
* In-charge of all back office functions across a group of 6 legal entities spread over GCC,
including Finance, Operations, Legal and Compliance, Risk, IT, HR, Investors relation…
* Monitored the performance of the different business units versus budgets and assisted
business heads to correct trajectory
* Monitored the performance of all Group investments. Proposed and executed exit strategies
* Supervised Group resources allocation in order to maximize returns. Diverting assets into
profitable or high growth businesses and strategic investments
* Managed Group cash and liabilities positions, moving resources among businesses depending
on needs and maturity profile
* Monitored both market and operational risks and made appropriate adjustments to comply
with Board’s risk appetite
* Acted as main point of contact with banks, investors, shareholders, regulators, credit rating
agencies and research analysts
* Raised in excess of AED 2b debt funding for prop and clients
* Managed up to AED 1b prop and clients deposits insuring safe and acceptable returns
* In-charge of all financial and regulatory reporting
Managed the implementation of a new core banking system across Societe Generale North
African banking operations
* Revamped Finance department procedures to comply with Societe Generale standards
* In-charge of all internal and external financial reporting
-charge of financial institutions.
Work Experience
SHUAA Capital - Group General Manager reporting to the Board of Directors
01.2014 - 08.2017
* Creating and implementing Group strategy targeting efficiency and value creation for shareholders
* Leading several entities across GCC providing all type of financial services activities (SME Lending,
Brokerage, Asset Management, Investment Banking, Capital Markets…)
* Acted as Board member of several financial institutions across GCC including Banks and SME finance
* Extensive experience dealing with board members, shareholders, GCC regulators, stock markets,
banks, credit rating agencies, auditors
* Chaired management committees (Executive committee, Assets and Liabilities committee,
Investment committee, Operations committee, Risk and Compliance…)
* Managing and administering AED 8b+ proprietary and clients investments
* Lead the group turnaround through costs control initiatives and refocusing the business on core
activities
* Arranged for raising in excess of AED 4b of debts for prop and funds
* Managed challenging liquidity constraints and several debt restructuring plans
Achievements
* Fully deleveraged Group balance sheet and arranged refinancing at better terms
* Exited most non-core investments at target prices
* Reduced operating costs by half
* Managed to recover share market price from record lows to book value in an adverse equities market
* Assisted major shareholder to exit its 48% controlling stake in the Group
* Assisted several UAE companies to restructure and go public
-charge of several financial audit missions including
courses: Certified Public Accountant, CPA
Superieur