ir-corporate-governance.php
ADX : IHC 000.00 AED
IHC INVESTOR RELATIONS

Corporate Governance

As the world changes, and new opportunities arise, IHC remains focused on resilience, innovation and redefining the marketplace for our ourselves, our clients and our partners.

IHC is now one of the region’s foremost investment holding companies with a global presence

IHC has a clear objective of enhancing its portfolio through acquisitions, strategic investments, and business combinations.

Investor Relations

H.H. Sheikh Tahnoon bin Zayed Al Nahyan

Chairman, Independent/ Non-Executive

HH Sheikh Tahnoon bin Zayed Al Nahyan has been the Chairman of International Holding Company (IHC) since April 2020. Tahnoon also chairs a number of leading business groups in the Emirate of Abu Dhabi such as First Bank of Abu Dhabi (FAB), ADQ (formerly, Abu Dhabi Developmental Holding Company PJSC) and the leading Artificial Intelligence and Cloud Computing group, G42.

In his government roles, Tahnoon is the National Security Adviser of the UAE, a position which he has held since 2016, by appointment of the President of the UAE, Khalifa bin Zayed Al Nahyan. In December 2020, Tahnoon was announced as a member of the board to a new entity, the "Supreme Council for Financial and Economic Affairs", which is set up to oversee Abu Dhabi's financial, investment and economic affairs, including the management of natural resources.

Dr. Mhd Somar Ajalyaqin

Vice Chairman, Independent/Non-Executive Chairman Nomination & Remuneration Committee Member Audit Committee

Dr. Mhd Somar Ajalyaqin was appointed as Vice Chairman of IHC in April 2020, bringing almost two decades of business experience in various advisory roles in the UAE.

Dr. Somar's solid corporate knowledge and expertise, with a focus on M&A strategy and strategic growth of companies, have been integral to the successful performance of IHC.

During his tenure at IHC, he has at board level been instrumental in all matters relating to business acquisitions and investments opportunities.

Dr. Somar was a Board Member of PAL Group of Companies and Royal Group. He holds a degree in DAA from Syria.

Syed Basar Shueb

Board Member, Chief Executive Officer & Managing Director Chairman Insider Trading Committee

Syed Basar Shueb was appointed as a Board Member, Chief ExecutiveOfficer and Managing Director of IHC in July 2019. Prior to his tenureat IHC, Basar held the position of Group Chief Executive Officer of PALGroup of Companies from 2000.

An accomplished senior executive, Basar has substantial and diversifiedexperience in the processing, manufacturing, construction, and serviceindustries. He is known to be a decisive and pragmatic leader, creatingcohesive and focused business units that grow profitable bottom lines.He is the founder of "District Cooling™ established in 2006, and todayone of the key players in the UAE's utilities services sector.

Beyond IHC, he holds leadership positions on several companies such asReem Finance PJSC, Chimera Investments, Keyhole TIG (K-TIG) Limited andPAL Group of Companies. Basar holds a bachelor's degree in ComputerEngineering from Near East University, Nicosia, Turkish Republic of Northern Cyprus.

Sofia Abdellatif Lasky

Board Member, Independent/Non-Executive Chairwoman" Audit Committee Member" Nomination & Remuneration Committee

Sofia Abdellatif Lasky has been with IHC since April 2020, and brings experience in asset management, mergers and acquisitions, private equity, portfolio management, alternative investments, funds, valuation, financing, capital markets and corporate structuring.

She has overseen the acquisition of numerous companies during her 16-year tenure at Royal Group in various industries such as real estate, contracting, food, preventive healthcare, and capital investments. Her contribution towards the growth of all Royal Group companies has been invaluable.

Sofia served as a Board Member of Macquarie Capital Middle East LLC and holds a bachelors degree in Business Information Technology.

Mohammed Nasser Al Shamsi

Board Member, Independent/Non-Executive Member Audit Committee Member Nomination & Remuneration Committee Member Insider Trading Committee

Mohammed Nasser Al Shamsi is an International Affairs Specialist at the Presidential Level in the Ministry of Presidential Affairs. His role involves managing strategic relationships with foreign governments, diplomatic missions and international institutions.

He began his professional career in 2010 at Abu Dhabi Police where he held several posts before moving to the Supreme Council for National Security where he played an active role in international relations.

Mohammed holds a bachelor’s degree in Business Management from the United Arab Emirates University.

Syed Basar Shueb

Board Member, Chief Executive Officer & Managing Director Chairman Insider Trading Committee

Syed Basar Shueb was appointed as a Board Member, Chief ExecutiveOfficer and Managing Director of IHC in July 2019. Prior to his tenureat IHC, Basar held the position of Group Chief Executive Officer of PALGroup of Companies from 2000.

An accomplished senior executive, Basar has substantial and diversifiedexperience in the processing, manufacturing, construction, and serviceindustries. He is known to be a decisive and pragmatic leader, creatingcohesive and focused business units that grow profitable bottom lines.He is the founder of "District Cooling™ established in 2006, and todayone of the key players in the UAE's utilities services sector.

Beyond IHC, he holds leadership positions on several companies such asReem Finance PJSC, Chimera Investments, Keyhole TIG (K-TIG) Limited andPAL Group of Companies. Basar holds a bachelor's degree in ComputerEngineering from Near East University, Nicosia, Turkish Republic of Northern Cyprus.

Peter Abraam

Chief Strategy and Growth Officer

Peter Abraam is the Chief Strategy and Growth Officer of the Abu Dhabi Stock Exchange listed IHC. With a proven reputation for strategic planning and a sharp business intellect, Peter has led numerous award-winning initiatives, that have increased stakeholder value in prominent companies across the UAE and Australia. Peter skillfully navigates international business circles with an impressive breadth of experience spanning, property, healthcare, tourism, and private equity investments in over 40 countries.

Peter plays an integral role in the ongoing development of IHC's structure, driving strategic fundamentals across acquisition, restructuring, consolidation, and bolstering the Holding's investment and stakeholder ecosystem. Peter has been a Board Director of a number of leading institutions engaged in financial, commercial and philanthropic based activities, including the Bank of Sydney, K-TIG Australia (ADX: TIG), Cranleigh School (Founding Trustee, Abu Dhabi) and The Hellenic Initiative Australia. A graduate of RMIT University, Peter initially practiced in Landscape and Urban Design and is a fellow of the highly regarded Leadership Victoria Program.

Alwyn Dinesh Crasta

Group Chief Financial Officer

Alwyn Dinesh Crasta has been the Group Chief Financial Officer at IHC since 2018. Alwyn has a twenty-year established record in financial management for multinational organizations within the FMCG supply chain and agricultural sectors. With a longstanding skill in business modelling, funding strategies, profitability analysis, investment planning, business intelligence, corporate governance, as well as treasury and risk management, Alwyn oversees IHC's various financial functions and is actively involved in managing new investments, leading mergers and acquisitions. Alwyn is also a member of the board of directors of Easy Lease Motorcycle Rental and AGrinV.

Alwyn holds a master's degree in Finance from Mumbai University and a Master of Business Administration from Hult International Business School. He has also acquired the CMA certification in Australia (Certified Management Accountant) and Post Graduate Diploma in Management Studies (DMS) from Chetana Institute, Mumbai.