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Mr. Majid Saif Al Ghurair, Chairman of Shuaa Capital, commented:
"We are pleased that we have appointed a particularly prominent and recognized executive to lead Shuaa. Sameer Al Ansari has a strong professional track record and decades of expertise in the international investment arena. Based on his achievements and many years of experience as Chief Executive Officer, we are confident that Mr. Al Ansari is predestined to steer Shuaa to the next phase of growth."
Mr. Sameer Al Ansari, Shuaa Capital's new Chief Executive Officer said, "Shuaa Capital has built a robust brand and reputation throughout the Middle East. It has achieved strong leading market positions in each of its five core businesses and has developed a network of deep relationships in all of its main markets. I look forward to building on Shuaa's successes and developing its businesses across the region."
Sameer 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 His Highness Sheikh Mohammed Bin Rashid Al Maktoum and was involved in the establishment of Dubai Holding in 2004 before founding DIC in October 2004.
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