Investment Committee Representative
Syed Farhan Zaidi, CFA
Mr. Syed Farhan Zaidi joined the Investment Committee of EII in 2019. As an EII’s Board of Directors appointee, he provides strategic guidance and oversees/supports the management team of EII. He represents EII on the board of its portfolio companies including Memaar Building Systems, Starwood Industries, Dubai Angel Investors and Service Market.
Mr. Zaidi has two decades of professional experience in private equity, venture capital and investment banking, covering the MENA and South Asian emerging markets. His forte is in deal execution of large and small to mid-cap buy-out and growth capital equity transactions and has exposure to deals in technology, healthcare, logistics, oil & gas, financial services and media & entertainment sectors.
Mr. Zaidi leads the investment management activities related to RE, PE and VC transactions. He advises Emaar in relation to its real estate development project in Pakistan. In addition, he is a member of board of several mid-sized portfolio companies including Bounce Middle East, Diwan Media Videos and ILS. Mr. Zaidi is also a member of investment committee of Middle East Venture Fund III.
Up until 2014, Mr. Zaidi worked at The Abraaj Group, part of the investment team (in Singapore and Dubai offices) where he was involved in both large and SME deals including acquisition of a healthcare platform (Acibadem) in Turkey and growth capital investment in a UAE based discount app, the Entertainer. Prior to this, he worked for The National Investor, an investment banking firm in Abu Dhabi, where he worked on IPO of Aramex International and Islamic sukuk offering for Tabreed. His career also includes three years with MCB Bank in Karachi as part of the debt syndication team. He started his professional life as an intern at Citibank.
He is a CFA charter holder – issued by CFA Institute, USA and holds an MBA degree with concentration in finance and BBA (Honors) from Institute of Business Administration Karachi. He also holds diploma in Banking from Institute of Bankers.
Faisal Ishaque, FCA
Faisal Ishaque leads the company’s accounting, business support, financial planning and treasury functions.
He began his career 25 years ago with PricewaterhouseCoopers. Ever since, he has built up a solid professional track record at premier corporate entities in emerging markets, delivering across borders with the proven ability to develop strategic, transformational approaches and follow through to implementation in sectors as diverse as pre-engineered steel fabrications, engineering, construction, FMCG, automotive, tobacco, petrochemical, and insurance.
Before joining EII, Mr Ishaque was Group CFO at MCG, a regional manufacturing and contracting conglomerate, where he controlled the Finance and Treasury Functions, spearheading Debt Restructuring, Settlements and Acquisition Financing.
Prior to that, he was Acting President and CFO of Mabani Steel (An Al Rajhi Group Company). At Mabani, he was instrumental in developing the strategic framework to successfully reposition the company as a differentiated competitor— winning market share boosting profitability, and restoring shareholder confidence through double-digit EBITDA growth.
Mr Ishaque is also a member of the Investment Committee of EII and is part of the Board of Directors of Memaar Building Systems and AASA.
Mr Ishaque holds a Bachelor Degree in Accounting and is a fellow member of Institute of Chartered Accountants of Pakistan.
Dana Noueihed is an investment professional at EII where her key responsibilities involve screening and evaluating deals, as per EII’s investment criteria, and presenting investment proposals to the senior management and investment committee of EII. Dana also works closely with the senior team members to implement EII’s investment strategy and assists in managing the existing portfolio of investments and also helps implementing EII’s business propositions to unlock and maximize value in preparation for exit.
Dana brings with her over 10 years of experience in investment advisory and corporate finance in the Middle East, UK and Europe. Prior to joining EII, Dana was a Senior Associate at leading high net worth family office in Lebanon, where she focused on managing M&A transactions and monitoring portfolio companies related to various industries including banking, insurance, luxury retail and others. Previously, she was a Manager at PwC in the Transaction Services team executing financial due diligence and valuation projects across the Middle East focusing on retail, insurance and FMCG. Dana was also an Associate at Barclays in London where she was involved in a wide range of M&A transactions focusing on Banks and Wealth Management clients in Europe. She began her career in investments at Gulf Capital in UAE, where she actively participated in origination, analysis and execution of private equity deals in MENA.
Across her experience, Dana’s main responsibilities included project management, recommending clients and partners optimum solutions for deal structuring and execution in addition to assisting executive teams in setting and achieving their business plan.
Dana earned a Master of Finance degree from the Judge Business School at Cambridge University and holds a Bachelor of Science degree in Economics and Finance from the Lebanese American University.
Meet Shah is responsible for handling financial control and reporting, group consolidation, treasury & finance, working closely with auditors and advisors, accounting and budgeting functions including providing necessary business support to the portfolio companies of EII.
Prior to joining EII, Meet was associated as a Finance Manager with a large UAE-based conglomerate with diversified business verticals. He was primarily responsible for fundraising, management reporting and working capital management. His range of experience includes leading the negotiation & documentation process with the syndicate banks, financial advisors and legal counsel.
Meet brings with him over 11 years of experience and started his professional career with Price Waterhouse (an affiliate firm of PwC) in India and was also associated with Ernst & Young (EY) in Dubai. In both these roles, he was responsible for independently conducting statutory audits of listed and unlisted companies having operations in oil & gas, construction, real estate, healthcare, manufacturing, retail, engineering, technology, media & entertainment, as well as trading.
Meet is a Chartered Accountant from The Institute of Chartered Accountants of India, a Company Secretary from The Institute of Company Secretaries of India and a graduate in Commerce from Gujarat University, India.
Yaser Ibrahim Hmedan
Reporting to the Board of Directors, Mr Hmedan is responsible for the EII Board, providing legal and administrative support and guidance to the Board of Directors, including compliance with legal and statutory requirements and providing legal advisory to the company and its subsidiaries and affiliates, bringing with him more than 25 years of experience in his area of expertise as a lawyer and legal consultant.
Mr Yaser is Law graduated from the University of Damascus in Syria. He then completed LLM for commercial law and practised in Syria as Corporate, Commercial, Insurance Lawyer and Legal consultant since 1993. Prior to joining Emaar Industries and Investments (Pvt), he was the Senior Legal Advisor, Compliance Officer and Board Secretary of Al Sagr National Insurance Company listed in Dubai Financials Market (DFM), as well as the Secretary of the Legal & Motor Committee in Emirates Insurance Association, and prior to that, he was the Head of Legal Department at MAG Group.
Arif Zaman is responsible for leading the internal audit function at Emaar Industries and Investments (EII) with direct reporting to the Audit Committee.
He brings with him more than a decade of proven experience in internal audit, risk management and fraud investigation.
Before joining EII, Mr Arif was the Group Internal Audit Manager at HSA Group based in Dubai, where he was responsible for looking after all the regional teams, and carrying out audit activities in diverse industries and sectors across the globe with primary focus in the Middle East, Asia and Africa regions.
Prior to HSA Group, Mr Arif served for Telenor (Telecommunication sector) as the Internal Audit Executive responsible for finance and technology audit engagements along with various special need engagements. Before that, Mr Arif worked with Ernst & Young (EY) as a Senior Consultant at Business Risk Advisory Services. He provided an exceptional internal audit and risk consultancy services to high network clients of diverse background in banking, services, manufacturing, regulatory and telecommunication sector.
Mr Arif holds an MSc in Professional Accountancy from University of London and a BSc Hons in Applied Accounting from Oxford Brookes University, along with an impressive set of professional certifications, including the following: Chartered Certified Accountant (FCCA), Certified Internal Auditor (CIA), Certified Information System Auditor (CISA), Certified Fraud Examiner (CFE), Certificate in Control Self-Assessment (CCSA), Certificate in Risk Management Assurance (CRMA), Certified Risk Based Auditor (CRBA), Certified Public Accountant (CPA), Certified General Accountant (CGA) and ISO 31000 etc.