Arif Naqvi

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Arif M. Naqvi
Born Karachi, Pakistan
Ethnicity Pakistani Shia
Alma mater Karachi Grammar School
London School of Economics
Occupation Founder and Group CEO of The Abraaj Group
Syed Arif Masood Naqvi, SI (born July 13, 1960) is the Founder and Group Chief Executive of The Abraaj Group, a private equity investor. Naqvi founded the Group in 2002 in Dubai. It started with 60 million USD in assets under management and today manages 7.5 billion USD.

Early life

Naqvi was born in Karachi, Pakistan where he attended Karachi Grammar School. He completed his higher education at the London School of Economics and Political Science, where he obtained a bachelor of science degree in economics with honours, specializing in economic institutions and planning.

Career

Naqvi began his career with Arthur Andersen in London and American Express in Karachi. In the early 1990s, he joined the Olayan Group in Saudi Arabia. In 1994 he started an investment firm in Dubai called Cupola with $50,000 of his own savings. Five years later, Naqvi bought the Middle East business of the logistics company Inchcape Shipping Services. Cupola won the bid, buying Inchcape’s marketing interests for $116 million.[1] In 2002, Naqvi founded Abraaj Capital (now known as The Abraaj Group) with $60 million in assets under management and one office. In 2006, he was awarded the Sitara-i-Imtiaz, the highest civilian honor in Pakistan.[2] In 2008, Naqvi and his family established the Aman Foundation, a private not-for-profit trust in Pakistan, seeded with US$ 100 million of his personal funds.

Naqvi was appointed to the Board of the United Nations Global Compact by UN Secretary General Ban Ki-moon in 2012.[3] He holds additional memberships including as Board Member of the Pakistan Human Development Fund and Chairman of the British Asian Trust Advisory Committee – Pakistan. He serves on the Board of the Emerging Markets Private Equity Association, IMD Foundation,[4] Endeavor[5] Naqvi also serves as a board member of Aramex, Air Arabia and Orascom Construction Industries.

References

  1. ↑ http://dealbook.nytimes.com/2011/04/27/mideast-private-equity-pioneer-looks-beyond-the-unrest/
  2. ↑ http://www.peimedia.com/resources/PEO/PEI/100_most_influential_of_the_decade.pdf
  3. ↑ http://www.bloomberg.com/news/2012-05-01/abraaj-s-arif-naqvi-appointed-to-un-advisory-body-global-compact.html
  4. ↑ http://www.imd.org/about/foundationboard/naqvi.cfm
  5. ↑ http://www.endeavor.org/network/endeavorglobal/boardofdirectors/arif-naqvi/1011

External links

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