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Mukhtar Hasan
FCA CF –
Managing
Partner
Mukhtar M. Hasan was born in 1950. He
graduated from the University of Karachi as a Bachelor of
Commerce in 1970. He qualified as a Chartered Accountant
with Institute of Chartered Accountants in England & Wales
in 1974, and was awarded the Corporate Finance Qualification
in 2006.
He joined Habib Bank A.G. Zurich in London
where he became responsible for its financial operations in
the UK in 1974. During this time he was seconded to the
offices of the bank in both Switzerland and the UAE. In
1979 he joined the National Bank of Ras-al-Khaimah then
managed by Hill Samuel. In 1980 Mr. Hasan returned to
London as finance director of Intermarine Shipping Limited,
a company that owned and operated dry bulk cargo vessels.
In 1983 together with two other partners, Mr
Hasan helped to establish the Tawoos Group in Oman. This
company has subsequently grown into a large and diversified
group, comprising about 30 companies and employing
approximately 3,000 people. He was the finance director for
the group and its subsidiaries and played a key role in
managing the expansion of the group and its activities.
In 1995 he was significantly involved in the
setting up of Renaissance Services SAOG. This was the first
private family owned company in the Gulf to go public. Mr
Hasan was appointed chief executive of Renaissance. He is
experienced in regional and international investments as
well as company start-ups, mergers, acquisitions, and
flotation, the latest of which was Topaz Energy and Marine
SAOG on the Muscat Securities Market. Mr Hasan has been a
board director of a number of public companies including
manufacturing, financial and service companies. He has
managed institutional and private individual funds invested
in various international financial instruments, in real
estate, and in private companies. He was involved in the
establishment of United Power Company SAOG, the first
private sector independent power plant in the Gulf. Mr
Hasan stepped down as chief executive of Renaissance in June
1998.
Mr. Hasan established Redwood Partners in
June 1998 together with two other partners. Redwood was a
corporate finance firm, which focused exclusively on the GCC
markets. At Redwood, Mr. Hasan and his partners have been
responsible for handling a number of advisory assignments in
the region including the listing of BP Oman SAOG, advice to
various clients on corporate restructurings, disposals and
mergers, as well as structuring and arranging private equity
opportunities. Redwood was acquired by HSBC in August 2001.
Mr. Hasan established Barij International LLC
in May 2002. ABM is a corporate finance boutique
specializing in private equity, corporate finance, corporate
turn around new projects, mergers & acquisition, project
management, investments and investment advice.
Mr
Hasan is a Fellow of the Institute of Chartered Accountants
in England and Wales and holds the Corporate Finance
Qualification jointly issued by the Institute of Chartered
Accountants in England & Wales, Securities Investment
Institute and Chartered Accountants of Canada. He has
served on the Board of several companies including Omani
public companies United Power, Renaissance Services,
Renaissance Hospitality, National Hospitality, Muscat
Finance and Oman Textiles as well as the Gulf Commercial
Bank in Pakistan. He is currently a Director and Chairman
of the Executive Committee of Gulf Investment Services, the
Chairman of the Investment Committee of the First Mazoon
Fund, Managing Director of Gulf Mushroom Products Company
SAOG, Chairman of Muscat Thread Mills SAOG and Vice Chairman
of Oman Dental College SAOC. Mr. Hasan is also the Chairman
of the American British Academy, an IB World School in
Muscat.
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