TVM Capital MENA appoints Sameer Al Ansari to its Board of Directors

Mr. Al Ansari, Founder and CEO of PEPlus Advisors was previously the Chief Executive Officer of SHUAA Capital psc; before which he helped to establish Dubai Holding in 2004 and founded Dubai International Capital (DIC) where he served as Chairman and CEO for several years.

He previously served as Group CFO for The Executive Office of His Highness Sheikh Mohammed Bin Rashid Al Maktoum.

As one of the region's most prominent business figures, Mr. Al Ansari was also recently announced as a Board Member for Hawkamah, the Institute for Corporate Governance, a regionally recognized driver of corporate governance reform.

He is a member of the Board of the DIFC Authority and DIFC Investments, as well as a Fellow of the Institute of Chartered Accountants (England & Wales) and a member of the MENA Advisory Board.

TVM Capital MENA Chairman and CEO Dr. Helmut M. Schühsler commented, "Sameer's level of investment expertise is unrivalled in this region and he has been integral in shaping Dubai's investment sector. His knowledge of international markets also makes him an excellent addition to the TVM Capital MENA Board. With our affiliation to TVM Capital worldwide, which has been managing healthcare and life science capital for 30 years, it is our priority to uphold the highest levels of international best practice and our board members play a vital role in this, we are delighted to have Sameer on board to support us in our future growth."

Mr. Al Ansari added, "With its background as the region's first private equity firm dedicated to the healthcare sector, TVM Capital MENA has demonstrated a highly focused and effective approach. Since it was founded in 2010 it has broken new ground with investments in specialised services, that were either non existent or drastically undersupplied, showing itself to be a true leader in regional healthcare investment."

TVM Capital MENA's existing portfolio includes ProVita International Medical Center in Abu Dhabi, the region's first long-term care facility for ventilated patients; Cambridge Medical & Rehabilitation Center (long-term care for patients who suffer from chronic illness or disability), Manzil Health Care Services (a provider of professional, individualized home care and rehabilitation), as well as Bourn Hall International, a world-class In Vitro Fertilization brand whose founders invented IVF in 1978 (with reference clinics strategically located in Gurgaon/Delhi, Kochi (Kerala) and Dubai, UAE).