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Abdul Aziz Al Ghurair

He is the CEO of Mashreq Group, the speaker of the Federal National Council, and the chairman of Masafi; and that is just the start of the billionaire’s portfolio.

February 15, 2009 3:10 by



As vice chairman of the DIFC Authority, Al Ghurair works directly with David Eldon, its chairman.

Eldon has held many banking positions in the past; he started with an Australian banking group in London, and later, in 1968, joined HSBC Bank Middle East (formerly The British Bank of the Middle East). Sixteen years later, he joined the Saudi British Bank as deputy managing director in Riyadh, KSA. He went on to become the general manager of the Group in 1990.

He also took up senior positions in The Hongkong and Shanghai Banking Corporation and Hang Seng Bank, a member of the HSBC Group. He went on to become a director of HSBC Holdings, and retired from the Group in May 2005.

Currently, apart from being the non-executive chairman of the DIFC Authority, he is also senior adviser to PricewaterhouseCoopers Hong Kong, and special adviser to the Korea National Competitiveness Committee Office of the President, among other positions.


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