IHC INVESTOR RELATIONS
Corporate Governance
As the world changes, and new opportunities arise, IHC remains focused on resilience, innovation and redefining the marketplace for ourselves, our clients and our partners.
IHC is now one of the region’s foremost investment holding companies with a global presence
IHC has a clear objective of enhancing its portfolio through acquisitions, strategic investments, and business combinations
Investor Relations
H.H. Sheikh Tahnoon bin Zayed Al Nahyan
Chairman, Independent/ Non-Executive
HH Sheikh Tahnoon bin Zayed Al Nahyan has been the Chairman of International Holding Company (IHC) since April 2020. HH Sheikh Tahnoon also chairs a number of leading business groups in the Emirate of Abu Dhabi such as First Bank of Abu Dhabi (FAB), ADQ (formerly, Abu Dhabi Developmental Holding Company PJSC) and the leading Artificial Intelligence and Cloud Computing group, G42.
In his government roles, HH Tahnoon is the National Security Advisor of the UAE, a position which he has held since 2016, by appointment of the President of the UAE, Khalifa bin Zayed Al Nahyan. In December 2020, HH Sheikh Tahnoon was announced as a member of the board to a new entity, the "Supreme Council for Financial and Economic Affairs", which is set up to oversee Abu Dhabi's financial, investment and economic affairs, including the management of natural resources.
Dr. Mhd Somar Ajalyaqin
Vice Chairman, Independent/Non-Executive Chairman Nomination & Remuneration Committee Member Audit Committee
Dr. Mhd Somar Ajalyaqin was appointed as Vice Chairman of IHC in April 2020, bringing almost two decades of business experience in various advisory roles in the UAE.
Dr. Somar's solid corporate knowledge and expertise, with a focus on M&A strategy and strategic growth of companies, have been integral to the successful performance of IHC.
During his tenure at IHC, he has at board level been instrumental in all matters relating to business acquisitions and investments opportunities.
Dr. Somar was a Board Member of PAL Group of Companies and Royal Group. He holds a degree in DAA from Syria.
Syed Basar Shueb
Board Member, Chief Executive Officer & Managing Director Chairman Insider Trading Committee
Syed Basar Shueb was appointed as a Board Member, Chief Executive Officer and Managing Director of IHC in July 2019. Prior to his tenure at IHC, Basar held the position of Group Chief Executive Officer of PAL-Group of Companies from 2000.
An accomplished senior executive, Basar has substantial and diversified experience in the processing, manufacturing, construction, and service industries. He is known to be a decisive and pragmatic leader, creating cohesive and focused business units that grow profitable bottom lines. He is the founder of "District Cooling™ established in 2006, and today one of the key players in the UAE's utilities services sector.
Beyond IHC, he holds leadership positions on several companies, such as Reem Finance PJSC, Chimera Investments, Keyhole TIG (K-TIG) Limited and PAL-Group of Companies. Basar holds a bachelor's degree in Computer Engineering from Near East University, Nicosia, Turkish Republic of Northern Cyprus.
Sofia Abdellatif Lasky
Board Member, Independent/Non-Executive Chairwoman" Audit Committee Member" Nomination & Remuneration Committee
Sofia Abdellatif Lasky has been with IHC since April 2020, and brings experience in asset management, mergers and acquisitions, private equity, portfolio management, alternative investments, funds, valuation, financing, capital markets and corporate structuring.
She has overseen the acquisition of numerous companies during her 16-year tenure at Royal Group in various industries such as real estate, contracting, food, preventive healthcare, and capital investments. Her contribution towards the growth of all Royal Group companies has been invaluable.
Sofia served as a Board Member of Macquarie Capital Middle East LLC and holds a bachelors degree in Business Information Technology.
Mohammed Nasser Al Shamsi
Board Member, Independent/Non-Executive Member Audit Committee Member Nomination & Remuneration Committee Member Insider Trading Committee
Mohammed Nasser Al Shamsi is an International Affairs Specialist at the Presidential Level in the Ministry of Presidential Affairs. His role involves managing strategic relationships with foreign governments, diplomatic missions and international institutions.
He began his professional career in 2010 at Abu Dhabi Police where he held several posts before moving to the Supreme Council for National Security, where he played an active role in international relations.
Mohammed holds a bachelors degree in Business Management, from the United Arab Emirates University.