CAREER PROFILE

Highly experienced and motivated CFO with a distinguished career working with some of

the largest organisations in the region. Been at the forefront of property development in the

UAE since its inception in 1997, serving on the Board of several major developers and have

significant expertise in all aspects of real estate and facility management.

UK qualified Chartered Accountant with over 29+ years of diverse finance and management

experience in UK and UAE and 19 years of quantifiable achievements as a CFO. Strong

technical and analytical skills and consistent high achiever, been successful in linking

finance to business operations to drive forward organisational development and bottom-line

results.

Hands on pro-active Finance Leader with an exceptional track record of accomplishment in

raising project funding, complex restructurings, developing effective solutions and building

of building high performance and credible finance teams.

PERSONAL DATA

Age: 54 years

Place of Birth: London, U.K.

Nationality: British

Marital Status: Married with 1 child

Telephone: +971-**-*******

E-mail: ac0m27@r.postjobfree.com

EDUCATIONAL QUALIFICATIONS

B.Sc. (Hons) Degree in Chemical Engineering, University of Surrey, UK (1986)

Chartered Accountant, Institute of Chartered Accountants, England & Wales (1991)

PROFESSIONAL ASSOCIATIONS

Fellow of Institute of Chartered Accountants, England & Wales (F.C.A.) since 2001

Associate of Institute of Chartered Accountants, England & Wales (A.C.A.) since 1991

Associate of Institute of Chemical Engineers, UK 1986

AREAS OF EXPERTISE

Raising external funding Financial management Strategic planning

Start-up operations Pricing strategies Facility management operations

Cash management Revenue & profit growth Credit & collections management

Corporate governance Strong banking relations Building great finance teams

Feasibility analysis Profitability improvement Organisation restructuring

IFRS compliance Advanced IT capabilities Developing effective solutions

EMPLOYMENT HISTORY

Jan 09 Current

Dubai World Central

Chief Financial Officer

A Government undertaking developing the world's biggest airport, Al Maktoum International

Airport and six freehold and freezone cities. The 140 sq. kms development will be the world's

first fully integrated, multi- modal logistics platform costing AED 130 billion on a site twice

the size of Hong Kong Island and accommodating a population of 1 million.

Full financial responsibilities and Board member for several subsidiaries.

Selective Achievements

Successfully raised AED 1.1 billion of syndicated funding to develop multiple projects.

Member of executive board and key management committees for investments, pricing,

conflict resolution and restructuring.

Lead team to transfer all Dubais aviation assets to Dubai Aviation City Corporation.

Lead numerous investment initiatives to maximise return of assets and increase sales

such as introducing build to suit and other investor friendly products.

Involved in setting up the Facility Management division with 1,000+ employees. As

Board Member, overseeing and monitoring its performance.

Enhanced financial discipline in critical areas such as budgeting, sales & collections,

project costing, cash management and reporting.

Lead multi-disciplined team to resolve real estate sales disputes through negotiating

settlements with 200+ purchasers with nil refunds.

Apr 08 Jan 09

MERAAS PROPERTIES, DUBAI

Chief Financial Officer

Joined Government entity from inception tasked with creating Jumeirah Garden City by

redeveloping nine kms of Satwa, Dubai. The development would eventually consist of 12

districts with a built up area of 14 million sq. meters at an estimated cost of AED 350 billion.

The project was postponed due to the global financial crisis.

Fully responsible for Finance, IT, Contracts & Procurement, HR and Admin functions.

Selective Achievements

Used start-up expertise to get new organisation operational in record time.

Developed comprehensive action plan to address operational and funding issues.

Successfully negotiated favourable terms with lead consultants, which lead to saving

of over AED 1.5 billion when contracts were prematurely terminated.

Successful lead implementation of Oracle Financials, HRMS and Projects Costing,

Apr 05 Apr 08

DUBAI PROPERTIES GROUP, DUBAI

Group Chief Financial Officer

A leading subsidiary of Dubai Holding Group with net assets of AED 170 billion of which

Dubai Properties was by far the largest and most profitable. Joined from inception and was

involved in some of the largest developments in the region.

Full member of the Board of Directors and responsible for finance, funding & treasury,

financial planning and revenue operations.

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Major Projects

Jumeirah Beach Residences the largest project ever untaken in one single phase.

Master developers of Business Bay, a 7 sq. kilometer development in Central Dubai and

Culture Village, a 5 sq. kilometer development on Dubai Creek.

Numerous mixed-use mega projects in Dubailands, Mirdiff and TECOM.

Selective Achievements

Facilitated corporate start-up and ensured foundation for optimal financial performance

by strengthening processes, procedures and internal controls.

Lead the way in developing processes, systems, policies such as revenue recognition,

land & infrastructure accounting for related property companies (Tatweer, Sama Dubai)

Considerably enhanced credibility of the finance team . Considered the best finance

team by the holding company and external auditors and were used for best practice

benchmarking and providing financial expertise to sister and other related entities.

Involved with developing and implementing comprehensive business strategies that

positioned the Group for major growth.

Provided support to convert an iconic loss-making project into a highly profitable one.

Worked with team to obtain a high investment rating from Moodys S& P and Fitch

resulting in to two successful bond issues worth AED 18 billion.

Worked with team to get ISO 9002 certification and EFQM accreditation.

Apr 01 Oct 04

SHARJAH PROPERTY DEVELOPMENT, GOVT OF SHARJAH

Chief Financial Officer

Master developer focusing on major Government-led infrastructure development initiatives.

Responsible for finance, administration, IT and HR functions. Took over as acting CEO in

October 2001 with overall corporate responsibilities.

Major Projects

Mixed-used development on Khalid Lagoon to include hotel resort, marina and retail

2,000-unit residential waterfront complex in Al Hamriyah, Sharjah.

Selective Achievements

For the IPO, assumed primary responsibility for direct communication with stockholders,

legal, banks, advisors and consultants regarding corporate profile, financial performance

and expectations.

Raised project funding from banks, financial institutions and interested investors.

Successfully promoted hotel resort to premium international hotel operator chains, made

final hotel operator selection and negotiated the management contract.

Appointing and managing project consultants and contractors.

Nov 97 Apr 01

EMAAR PROPERTIES PJSC, DUBAI

Group Chief Financial Officer

With AED 60 billion of net assets, one of the largest publically quoted master developers in

the world with interests in property, leisure, retail, hotels and international operations.

Joined publically quoted company from inception and was involved in providing financial

support for some of the largest and most pioneering developments of recent times . Overall

responsibility for Finance, HR, IT and Administrative functions. Member of the senior

executive team responsible for developing and implementing corporate st rategies.

Presented at all Board of Directors and shareholder meetings.

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Major Projects

Dubai Marina (infrastructure, land sales and residential high-rise towers)

Emirates Hills Residential Community / Colin Montgomerie Golf Course

Emirates Lakes, Meadows, Springs & Greens

Other projects such as Emaar Towers and Business Park, Gold & Diamond Park etc.

Selected achievements

Working with multi-disciplined teams, advised on the financial aspects for some of the

biggest property developments in the UAE.

For the IPO, assumed responsibility for managing investor relations with stockholders

and analysts regarding corporate profile, financial performance and expectations .

Responsible for financial aspects of all developments from concept, feasibility, tendering,

cost control and raising funds.

Successfully lead the design and implementation of an ERP software system fully

integrating accounting, project cost control and property management.

Aggressively managed cash surplus of AED 5 billion by developing strong relationship

with major financial institutions without compromising on risk.

Lead financial aspects of AED 3.5 billion Rights Issue with primary responsibility

preparing for Rights Document, liaising with financial institutions, stockholders, lawyers,

accountants, government regulators and registration and collections. The highly

successful rights issue was the first ever in the UAE and was 3 times oversubscribed

Nov 93 Nov 97

AL ROSTAMANI GROUP, DUBAI

Deputy Group Financial Controller & Group Audit Manager

Major diverse group of companies with multiple trading entities. Main activities were real

estate, motor dealerships and trading in premium brands sole agencies. Recruited to set

up and manage the internal audit function and assist with group financial reporting,

budgeting, general accounting, monitoring operational performance of subsidiaries.

Selected achievements

Instrumental in developing a formal strategic business planning process that significantly

improved the profitability of the Group. Coordinate fiscal financial planning process.

Formulate financial goals and objectives for subsidiaries.

Reduced inventory levels in the auto spare parts divisions by introducing more efficient

inventory management systems resulting in lower holding costs and reduced write-offs.

Participated and lead fee negotiations with vendors, principals and banks resulting in

substantial cost savings or rate reductions.

Aug 88 Nov 93

KPMG, LONDON OFFICE, UK

Assistant Manager, Financial Business Unit

One of the worlds largest accounting & audit firm, initially joined and specialising in the

banking, insurance and property sectors. Progressed to Assistant Manager through a fast

promotion track. Moved into the management consultancy practice in 1991 to work on

acquisition due-diligences and fraud investigations.

GLAXOWELLCOME GROUP, UK (now GlaxoSmithKline)

Jul 86 Aug 88

Chemical Engineer

Jul 84 Aug 85

Industrial Experience (Student)

Worked as process design & development engineer in pioneering computer controller

automated manufacturing facility.

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