H. E. Abdul Aziz Al Ghurair
His Excellency Abdul Aziz Al Ghurair is the CEO of Mashreq Group and the Chairman of Al Ghurair Investment LLC, one of the biggest and most successful business groups in the United Arab Emirates & the Middle East.
With operations spanning more than 20 countries and business roots stretching back half a century, the Al Ghurair name is synonymous with the UAE. Al Ghurair has core focus on Foods, Construction, Resources and Properties and additional sector participation in Energy, Printing, Retail and Education further emphasizing our level of diversity within the B2B and B2C sectors.
Al Ghurair Investment LLC is a global Foods manufacturer; an industry leader in all key areas of Construction; an international Printing and Publishing House; an Education provider, and a Retail franchise overseer for world-renowned brands. From the façade design and engineering of the world’s tallest building Burj Khalifa to the concrete provided for Dubai Metro, from one of the UAE’s first malls at Al Ghurair Centre to the largest edible oils crushing plant in the region, the freshly milled Oats provider– everything at Al Ghurair resonates the organization’s commitment to enhancing lives.
H.E. Abdul Aziz held various dignitary positions, which had its impact both regionally and internationally. His unprecedented experience in the banking industry specifically and in the business industry generally makes him one of the most well-known personalities, both locally and regionally.
In 2012, His Excellency was appointed as Chairman of UAE Banking Federation (previously known as Emirates Banks Association). His Excellency’s expertise particularly in the banking industry is set to contribute to the mission of the UAE Banking Federation. His vision is manifested through the various steps taken since his appointment to elevate the performance of all banks in the UAE and the industry.
H.E. was elected as The Speaker of the United Arab Emirates Federal National Council (UAE Parliament) for tenure of four years, which ended in February 2011.
His Excellency’s current positions include Vice Chairman of the higher board of Dubai International Financial Centre, Chairman of the Board of Directors of the Dubai International Financial Centre Authority, and he is on the Board of Emirates Foundation. He is also the Chairman of Masafi and Oman Insurance and Co-Chairman of the Arab Business Council – World Economic Forum (WEF).
In April 2010, H.E. took over as Chairman of Oman Insurance Company (OIC) and started assessing its operations. Accordingly, OIC started its turn around, throughout 2012, recognized by rating upgrades from AM Best and S&P. Geographical expansion, product development, alternative distribution and strategic alliances were all part of the vision the Chairman has set, which will allow OIC to continue dominating the Regional markets for the foreseeable future.
Since taking up the position as CEO of Mashreq, His Excellency played an instrumental role in developing the bank’s operations and business expansion outside its home base. Today, Mashreq is one of the most innovative and advanced financial institutions.
Previously, he sat on the Board of Directors of major companies such as Emaar, Dubai Investments, Visa International, MasterCard, and Dubai Chamber of Commerce and Industry. He was also a member of the Constitutive Council for GCC Leaders and President of The Knowledge Fund.
His Excellency was recognized multiple times in leading platforms, such as awards, conferences and seminars, both international and local. His endeavours have earned him various local and international accolades most significantly, a five time recipient of Lifetime Achievement Awards.
- Lifetime Achievement Award – Gulf Business Industry Awards 2012
- Best CEO Award – CEO Middle East magazine 2008;
- Lifetime Achievement Award – The Arab Bankers Association of North America (ABANA) – USA in 2008;
- Best CEO Award for supporting Emiratisation initiative in UAE from the National Career Fair – Banking and Finance in 2008;
- Lifetime Achievement Award – Euromoney in 2008;
- Lifetime Achievement Award – Banker Middle East 2009
- Best Banking Contributing Personality Award – Banker Middle East 2011
- MEED Leadership Award 2011
- The Arab Banker of the Year in the Private Sector Award 2010-2011 from The Union of Arab Banks (UAB) in Rome, Italy.
H.E. earned an honours degree as an industrial engineer received his education from California Polytechnic State University and graduated as an industrial engineer with Honours Degree.
H.E. Al Ghurair continues to play a pivotal role in providing substantial views to the UAE’s financial and banking industry.