Published: September 1, 2009
The Shuaa Capital board of directors has appointed Sameer Al Ansari as the new chief executive officer. Al Ansari replaces Iyad Duwaji who resigned as CEO in August.
Al Ansari will remain in his role as executive chairman of Dubai International Capital (DIC) in addition to his appointment as CEO of Shuaa Capital. He was previously group CFO for the executive office of Sheikh Mohammed Bin Rashid Al Maktoum and was involved in the establishment of Dubai Holding in 2004 before founding DIC in October 2004.
Al Ansari started his career at the accountancy firm BDO in London. In 1987 he moved to Dubai with Ernst & Young. Before joining the executive office, he was CFO at Dubai Aluminium Company (DUBAL), where he played a key role in the turnaround of the company. He is a board member of various companies including Dubai Holding and the Dubai International Financial Centre.
He also sits on the boards of some of the DIC owned companies in Europe such as Doncasters, Travelodge, and Mauser AG and he is chairman of Ishraq and Jordan Dubai Capital.