CEO Today Middle East Awards

www.ceotodaymagazine.com 68 CEO Today Middle East Awards 2019 united arab emirates OMAR AL FUTTAIM CEO of Al-Futtaim Group FIRM PROFILE As a family-owned business, we take a long-term view in everything we do, because we believe that sustainable success requires uncompromising commitment. That’s the reason why some of the world’s most admired and innovative brands from the USA, UK, Japan, Sweden, France, Germany and Switzerland – from sectors as diverse with each other as automotive, retail, real estate and finance – trust Al- Futtaim with their own reputation and commercial success. And through our inherent customer-centric approach and relentless pursuit of perfection, we add significant value – connecting consumers in 29 markets with these brands in contemporary, powerful, meaningful and emotional ways that create longstanding relationships based on loyalty and mutual trust. Our decades-long experience allows us to embrace and foster new, forward-thinking business practices and seamlessly blend those into our corporate DNAand people-first philosophy whilst upholding the value of integrity within a spirit of collaboration. Al-Futtaim Private Company LLC operates in automotive, financial services, real estate, and retail business sectors. The company distributes, retails, and rents new/used passenger/ commercial vehicles, sports cars, motorcycles, trucks, buses, tractors, boats/yachts, construction equipment, workshop/ storage equipment, materials handling equipment, power systems, telescopic handlers, spare parts, and components/ accessories; provides supply chain management solutions, including freight forwarding/customs clearance, warehousing/ contract logistics, goods transportation/distribution, and corporate transportation; manufactures agricultural tractors; and operates parts and body shops. It also provides private banking/investment banking services to high net worth individuals and institutions; automotive finance, insurance, and leasing solutions; commercial insurance brokerage and consulting services; commercial insurance solutions for corporates/individuals; and asset and investment management services on listed and private equity investments. In addition, the company develops and operates schools, shopping malls, festival cities, clubs, residential/commercial buildings, hotels, showrooms, and offices; manages quarries that produce aggregates, asphalt, and road surfacing products used in concrete production and road construction activities; and provides technology solutions to businesses, including networking, IP telephony, infrastructure, contact center, business applications, ELV systems, professional audio visual, and managed solutions and services. Further, it operates a range of retail stores that sell electronics, fashion products, home furnishing and improvement products, lifestyle products, and toys. The company serves customers in the Middle East, Southeast Asia, Australasia, Europe, Africa, and South Asia. Al-Futtaim Private Company LLC was formerly known as Al- Futtaim Group. The company was founded in 1930 and is based in Dubai, United Arab Emirates. ABOUT OMAR AL FUTTAIM Omar Al Futtaim has been steering the business towards corporate success and global recognition since 2001 when he was appointed Vice Chairman – following 12 years working at his family’s business in different roles and for various brands. The diverse experience he amassed during this period, coupled with an innate passion he instinctively developed for Al-Futtaim, has guided him since. Mr. Omar Abdulla Al-Futtaim serves as Chief Executive Officer of Al-FuttaimPrivate Company LLC. Mr. Al-Futtaim served as the Chief Executive Officer of Al-Futtaim Private Company LLC. Mr. Al-Futtaim is a representative of Al-Futtaim Development Services Company-LLC. He serves as the Chairman of the board of Emirates Investment Bank P.J.S.C. and Al Futtaim HC Securities-LLC. He serves as Chairman and Director of Orient UNB Takaful PJSC. He serves as the Chairman of Al-Futtaim Sons Co. He serves as Vice Chairman of Al-Futtaim Private Company LLC. He serves as Vice Chairman of Orient Insurance PJSC. He serves on the board of Dubai Chamber of Commerce and Industry. He was a Director of Commercial Bank of Dubai PSC since March 2002 until April 2018. He served as a Director of National Bank of Dubai PJSC. He served as Director of Dubai Investments PSJC. He served as Director of Emirates NBD Bank PJSC until November 18, 2009. He served as a Non-Executive Director of RSH Ltd. since November 23, 2000. Mr. Al-Futtaim Graduated from Macalester College, Minnesota, with Bachelor of Arts degree in Economics and Business Studies in 1985.