Name Arif Naqvi | ||
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Net worth US $1 billion (December 2014) Education London School of Economics and Political Science | ||
Richard branson and arif naqvi in conversation with mindy lubber skoll world forum 2014
Arif Masood Naqvi (born July 13, 1960) is the founder and group chief executive of The Abraaj Group, a private equity investor operating in Africa, Asia, Latin America, Middle East, Turkey and Central Asia. Naqvi founded the Group in 2002. It started with 60 million USD in assets under management and as of 2016, manages 10 billion USD.
Contents
- Richard branson and arif naqvi in conversation with mindy lubber skoll world forum 2014
- Leadership development mr arif naqvi success story
- Career
- Philanthropy
- Recognition and thought leadership
- References
Leadership development mr arif naqvi success story
Career
Arif Naqvi began his career with Arthur Andersen in London and American Express in Karachi. In the early 1990s, he joined the Olayan Group in Saudi Arabia, the Kingdom’s largest trading company. In 1994 he started an investment firm in Dubai called Cupola with $50,000 of his own savings. In 1999, Naqvi purchased Inchcape Middle East, for $102 million, with $4.1 million in equity, making it the MENA region’s first leveraged buyout. Naqvi then sold off pieces of the company for a total of $173 million
In 2002, Naqvi founded Abraaj Capital, and in 2012 the company merged with Aureos Capital to become The Abraaj Group.
Philanthropy
In October 2012, Naqvi and Bill Gates, Co-chair of the Bill & Melinda Gates Foundation, signed a five-year framework agreement on family planning and health in Pakistan.
In 2008, Naqvi and his family established the Aman Foundation, a local, not-for-profit trust in Pakistan, focusing on Health, Nutrition and Education.
Recognition and thought leadership
In 2007, Naqvi was granted the Sitara-i-Imtiaz by the Government of Pakistan, in recognition of his outstanding service in the field of public services.are a good time
In 2011, he was named as one of the 50 most influential people in the global private equity industry by Private Equity International.
In 2012, Naqvi was appointed to the Board of the United Nations Global Compact by UN Secretary General Ban Ki-moon.
In 2014, Interpol Foundation for a Safer World appointed Naqvi to its Global Board of Trustees. In this role, Naqvi will lead the I-CHECKIT initiative, one of the Foundation's five global initiatives, aimed at protecting industries vulnerable to the threat of identity fraud, such as airlines, hotels, passenger shipping companies, banks and financial institutions.
In 2015, Naqvi was awarded with the BNP Paribas Grand Prix for Individual Philanthropy by BNP Paribas. In 2014, Arif Naqvi received the High-Impact Entrepreneur of the Year from Endeavor Global. He was also a recipient of the Kennedy Centre's Gold Medal in the Arts award.
In 2016, Arif Naqvi joined The B Team, a global nonprofit initiative co-founded by Sir Richard Branson and Jochen Zeitz
As of January 2016, Naqvi is on the Global Leadership Council of Columbia University, a Board Member of Endeavor Global, and is the Chair of the Middle East Centre Advisory Board of the London School of Economics and Political Science. He is an Honorary Fellow of the Royal College of Art in London.
Naqvi has been the recipient of numerous awards, including the Oslo Business for Peace Award from The Business for Peace Foundation, the highest form of recognition given to individual businessmen for fostering peace and stability.