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 People / Iyad Malas

Iyad Malas

Iyad Malas

MAF Group Chief Executive Officer

Mr. Iyad M. Malas, CFA serves as the Chief Executive Officer of Majid Al Futtaim Holding LLC (also known as Majid Al Futtaim Group LLC) and Majid Al Futtaim Asset Management. Mr. Malas serves as Director for South Asia at RSB Group. He has also been with the World Bank Group since 1987 and was previously a Manager in the IFCs Central Asia, Middle East, and North Africa department. He served as Acting Chief Executive Officer of Majid Al Futtaim Holding LLC. He served as the Chief Executive of International, and Head of Asset Management at EFG Hermes Holding Company S.A.E (also known as EFG-Hermes) until 2004.

Instrumental in developing the emerging markets data base into a fully fledged commercial product, Mr. Malas has extensive experience in Latin America, Asia, South Europe, and the Middle East. As the Head of the investment bank Flemming CIIC in Cairo, he was responsible for the creation of the largest investment bank in the MENA Region.

He has extensive experience in the private sector and IFC including strong industry knowledge in general manufacturing, information technology, and financial markets. He serves as a Director of Delta Rubis, Evolvence Capital, Majid Al Futtaim Holding LLC and Majid Al Futtaim Asset Management. He served as a Director of Commercial Bank of Ceylon PLC (also known as Commercial Bank of Ceylon Ltd.) from November 23, 2004 to July 10, 2008. He served as a Director of EFG Hermes Holding Company S.A.E until 2004. He is a C.F.A. Mr. Malas holds an M.B.A. from George Washington University.



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