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Al Lawati ..... Abraaj pioneers private equity investment

Abraaj Group appoints new CIO

DUBAI, April 15, 2015

The Abraaj Group, a leading investor operating in global growth markets, has announced the appointment of Huda Al Lawati as its partner and chief investment officer (CIO) for the Middle East and North Africa (Mena) region.

Al Lawati was previously a managing director at Abraaj and has been leading the Group’s investments across Mena in sectors such as oil and gas, healthcare, education, and food and beverage, said a statement.

As part of her new role as partner and CIO, Al Lawati will be responsible for originating, executing and monitoring the group’s investments across the region, helping build a pipeline of new investments, and enhancing collaboration and value creation across the group’s partner companies to ensure consistency with group mandates and value.

Mena is one of the five regions in which the Abraaj Group invests, the others being Africa, Asia, Latin America and Turkey, it added.

Arif Naqvi, founder and group chief executive, The Abraaj Group, said:  “I am delighted to announce Al Lawati appointment to the new position. She joined our firm over a decade ago as an analyst and has performed an extraordinary role over this time, growing into a strong leadership position. She embodies the values and professional excellence that we look for in our team and we wish her every success in this new and challenging role.”

Al Lawati said: “Over the past decade, The Abraaj Group has pioneered private equity investment in our target growth markets. It has been a privilege to have played a contributing role to Abraaj’s development and growth, and particularly in helping position the firm as a leading player in the fast growing Mena region. I greatly look forward to taking on my new responsibilities as we continue to grow our dynamic firm.”

Al Lawati has more than 12 years’ experience in private equity and finance and joined Abraaj in 2004. Notable transactions she has worked on include the acquisition of Abraaj’s stake in Turkish healthcare group Acibadem, a major food and beverage acquisition in the GCC, and Abraaj’s investments in Kuwait Energy and oilfield services business, Viking International.

Prior to joining Abraaj, Ms. Al Lawati worked for Schlumberger and ABQ Zawya. Al Lawati holds a Bachelor of Science degree in Neuroscience and a Bachelor of Arts degree in Business Economics from Brown University. She is a member of the Young Arab Leaders and serves on the steering committee of the Mena Private Equity Association, it added. – TradeArabia News Service




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