Page 5 - CG-EN

68

Summary of the members of the Board of Directors, including the academic qualifications and work experience:

1- Mr. Rashid Al Nafisi (Chairman)
Received his Bachelors in Commerce Emphasis in (Accounting) from the Faculty of Commerce, Economics &
Political Science - Kuwait University. In more than 43 years of business administration, real estate development
and management, Mr. Rashid Al Nafisi has a track record of diverse achievements. The multiple roles he has
taken on over the past decades underline the breadth of his scientific and practical experience, as well as his
distinct management skills. He has previously served as the General Manager of Al Nafisi United Group and the
Director of Real Estate Loans Administration at the Kuwait Real Estate Bank. He has also served on the board
of a number of companies and banks, including Kuwait business town real estate Co., the Commercial Bank
of Kuwait, Kuwait Asia bank, Kuwait Airways Corporation, Mr. Rashid Al Nafisi was also the Chairman of the
Board of Directors of the National Investments Company, a member of the Board of Directors of Mazaya Qatar
Real Estate Company and Majan Development Company. He has extensive experience in the field of real estate
development and contracting and he is managing his own business, Currently, Mr. Rashid is the Chairman of Al
Mazaya Holding Company since its inception.

2- Eng. Abdulrahman Al Shared (Vice Chairman)
Received his Master’s Degree in Environmental Science & holds a Bachelor Degree in Architectural Engineering.
Eng. Abdulrahman Al Shared has held senior positions in several sectors. In October 2004, he contributed to the
establishment of Awqaf and Minors Affairs Foundation in United Arab Emirates and was the Secretary General
thereof until May 2009. Moreover, he was a Director for Projects and General Maintenance Sector at Dubai
Municipality from 2001 till 2004 & the Director for the Building and Governmental Housing from 1994 - 2001.
Currently, Eng. Al Shared is a board member in several companies including: Zayed Housing Programme, Dubai
World Trade Centre, Dubai Industrial Investments, Emirates Glass Co., Dubai Club for the Disabled (Voluntary),
Al Mazaya Holding Co.

3- Mr. Abdul Hamid Mihrez (Board Member)
Holds the designation for CFA Since 2005 and received his MBA (Emphasis in Finance) from the Lebanese
American University (LAU) & holds a Bachelor of Science from the American University of Beirut (AUB).
Abdul Hamid is a seasoned investment professional with comprehensive knowledge and experience in the GCC
and wider MENA region. He brings around 20 years of experience in asset management, investment banking,
restructuring and exit strategies development.
Abdulhamid joined Global Investment House in 2011 and played an active role in Global’s USD 1.7bn debt
restructuring and successfully transformed the principle investments division into an Asset Management business
pillar. In 2019 and by virtue of the KAMCO-GLOBAL merger, he joined Kamco Invest as an Executive Director
heading the Special Situations Asset Management department which was originally awarded with an AuM of
USD690mn.
Over the past 6 years Abdul Hamid led the disposals of assets worth ~USD800mn. Abdul Hamid is a board
member of a number of regional and international companies in the real estate, insurance, food, industrial, and
financial services sectors.
During his career, he led or co-led a number of investment banking transactions worth USD700mn covering
valuations, financial advisory, mergers & acquisitions, capital raising, bond issuance, financial restructuring
and listing mandates. He started his career in the asset management field where he was a member of a fund
management team managing two equity mutual funds.