INVESTOR RELATIONS

BOARD OF DIRECTORS

In case of any further query or request for information, please contact:

Karem Mahmoud,
Director of Legal, Compliance and Risk
investor@pepsidrc.ae
Tel: 04-8025000
Fax: 04-8025090

Asma Al Naqbi
Board Secretary
Asma.AlNaqbi@pepsidrc.ae

BOARD OF DIRECTORS

Board of Directors
Board Of Directors

Mr. Ahmad Bin Eisa Al Serkal, Chairman

Businessman and entrepreneur, continues the family’s legacy of achievers originating since 1947 by his grandfather, Nasser bin Abdullatif Alserkal and succeeded by his father, Eisa bin Nasser Alserkal. He graduated from the UAE University Class of 1990 with a Bachelor of Science degree in Business Administration and Management. Currently, he is occupying the position as Chairman of Alserkal Group. Since the company’s establishment, Alserkal Group had been striving to promote trade and innovative investments in the UAE and GCC Countries. It has always endeavored to invest in a diversified portfolio that reflects its conservative investment ethos includes Environmental Solutions working towards a green future by Recycle re use your waste, facilities management. Furthermore, Property Investment & Development including development.
Regional Transport Industry successfully completed projects with Dubai Road & Transport Authority, Etihad Rail, Dubai Metro, Dubai International Airport, Al Maktoum International Airport, Oman Airport Management Company furthermore working with partners form international companies. This is in addition to his contribution in Art and Culture through Alserkal Avenue.

Ahmad Bin Eisa Alserkal’s current and former professional capacities include:

  • Chairman of Alserkal Group
  • Chairman of Dubai Refreshment (Pepsi Co.)
  • Board Member of Nasser Bin Abdullatif Alserkal Est
  • Member of the Advisory board of the Dubai Chamber of Commerce
  • Board Member of Alserkal Avenue (Art District)
  • Board Member of Dubai Insurance
  • Chairman of the Board of Trustees of University of Balamand – Dubai
  • Member of The UAE Private Sector Advisory Council on the Sustainable Development Goals
  • Former Board member of Dubai Autism Center
  • Former Vice President of Emirates Philatelic Association
  • Former Vice-Chairman of UAE Sports Committee
  • Former Board Member of Etisalat
  • Former Board Member of Al Burj Real Estate & USOS Holding
  • Former Board Member of Higher Advisory Committee for Dubai Culture & Arts Authority
  • Former Board Member of UAE Korea Business Council
  • Former Board Member of Beit Al Khair Society
  • Former Board Member of Juvenile Association
  • Former Board Member of Architectural Heritage Society
  • Former Member of Cultural & Scientific Association
  • Former Board Member of Al Jalila Cultural Centre for Children
  • Former Chairman of Dubai Projects (Investment Firm)
  • Former Vice Chairman of Emirates Association for Youth Hostels (Hostelling International)
Board Of Directors

Mr. Ali Humaid Al Owais, Vice Chairman

Mr. Ali Humaid Al Owais was appointed as a vice chairman of DRC since 2011. He is currently Director of Emirates NBD bank P.J.S.C in March 2013. Mr. Ali is the Chairman of Al Owais Group, United Food Company P.J.S.C., United Can Company LLC and Moderna Group LLC. He is the Vice Chairman of Dubai Refreshment Co. P.J.S.C. Modern Bakery and Director of Emirates Islamic Bank P.J.S.C., Dar Al Takaful and Oman Refreshment Company. As Chairman and a Board Member of various Companies, Mr. Al Owais is instrumental in bringing about vast changes through his entrepreneur skills and business contacts.

Mr. Al Owais holds a bachelor degree in Business Applied Science.

Board Of Directors

Mr. Ibrahim Abdul Razaq Mohd Ustadi, Director

Mr. Ibrahim Ustadi is currently the Head of Financial and Administration and the Financial Controller at the Office of His Highness Sheikh Ahmed Bin Rashed Al Maktoum. Prior to his current position, Mr. Ibrahim served at the Military Forces of the UAE for 25 years.

Mr. Ibrahim Ustadi holds a Diploma in Accounting and he was born on 01 January 1951.

Board Of Directors

Mr. Buti Obaid Al Mulla, Director

Mr. Buti Obaid Almulla comes from a well reputed local business family engaged in healthcare, hospitality, real estate, trading and investment businesses.

He has professional experiences in the Banking/Finance, Insurance, Real Estate, Hospitality, Healthcare and Investment sectors.

He is currently the Chairman of Dubai Insurance Company PJSC, Dubai, UAE, Vice Chairman of Emirates Islamic Bank PJSC, Dubai, UAE, Vice Chairman of Emirates Investment Bank PJSC, Dubai, UAE, and Director of Emirates NBD Bank PJSC, Dubai, UAE.

He also serves as Chairman of Oman Refreshment Company (S.A.O.G), Muscat, Oman and is the Chairman of Mohamed & Obaid Almulla LLC., Dubai, UAE.

Mr. Buti Almulla holds a diploma in Business Administration from Newberry College, Boston, U.S.A.

Board Of Directors

Mrs. Eman Abdulrazzaq, Director

In January 2020, Eman Abdulrazzaq was appointed as the Group Chief Human Resource Officer and member of EXCO of Emirates NBD Group. She also serves on the Board of ENBD Egypt S.A.E. Eman has been instrumental in leading a dynamic and proactive working practice cultural change as well as driving Future Skills development to reskill and build out an agile workforce that can embrace the developing digital landscape.

Prior to joining ENBD, Eman worked at HSBC Bank Middle East Limited as Regional Head of Human Resources, Strategy and Planning and Chief of Staff for the Middle East, North Africa and Turkey. She started her career with HSBC originally as a Corporate Banker before moving to Human Resources.  When her role at HSBC expanded to include Chief of Staff and Strategy and Planning, she was leading on the delivery of a number of strategic programs with a focus on growth acceleration to deliver increased business and revenue growth. Globally connected, Eman also worked in close partnership with Senior Management in the HSBC Group to manage M&A transactions in the region as well as successfully drive growth across the region, enhanced by her ability to build strong external stakeholder, customer, and regulatory body relationships.

Eman sits on the board of Emaar Properties PJSC, Dubai Refreshment P.J.S.C and Emirates Institute for Banking and Financial Studies (EIBFS).

Board Of Directors

Mr. Mohamed Ali Nasir Abdulla Alowais, Director

Graduated in 2005 and began working in the family real estate, boat manufacturing, and trading businesses before starting my own enterprises in the automobile service, trading, and hospitality industries. Gained valuable experience in management skills by working with diverse groups of people across different industries.

As a result, have honed strong business acumen, interpersonal skills, and a broad network of contacts across various industries. Passionate about entrepreneurship and driven to excel in challenging environments. Always seeking new opportunities to learn and grow as an entrepreneur.

Board Of Directors

Mr. Nawwaf Ghobash, Director

Nawwaf Ghobash is an experienced director, he has a proven track-record of working across multiple business industries. Known for his skills in negotiation, budgeting, business and strategic planning, and business development, Nawwaf holds a Bachelor’s Degree in Business Administration and Management from the UAE University. He is currently the Vice Chairman of Ghobash Trading & Investments located in Dubai. Nawwaf has been involved in business and investment senior roles throughout UAE and GCC Region for more than 20 years.

Driven by the spirit and energy of a well-organized family group, Ghobash Trading & Investment operates on standards of best international practices as they work closely with their partners and stakeholders to support and enhance the mutual economic interests in the Middle East and in other global markets.

Highly motivated with a wealth of expertise and knowledge in real estate, properties, shopping malls, investments and insurance sector. Nawwaf has deep expertise in healthcare, retail and hospitality sectors as well as establishing new startups and projects.

He has worked in different business sectors and has contributed to the growth of the businesses he is part of.

Nawwaf received rich training courses and has attended various business forums and seminars in property management, e-commerce, insurance and management in Dubai, GCC, Lausanne Switzerland and Paris in France.

Among the current positions, he acts as:

– Chairman of Fidelity United Insurance Company; public listed company in ADX.
– Vice Chairman of Ghobash Trading & Investment.
– Chairman of Adventureland (UAE and Morocco).
– Chairman of SEDCO (UAE and Jordan).
– Board member in many family business groups (Emitac Group Dubai, Sahara Centre Sharjah).

He also held the following positions:

– Second Vice Chairman and board Member of RAK Chamber of Commerce & Industry.
– Board member at RAK Properties; public listed company in ADX.
– Board Member at ADDAX Bank – Bahrain.
– Board Member of Emirates Insurance Association – UAE.
– Board Member of Al Anwar Holdings – Oman.
– Board Member of Gulf Pharmaceutical Industries (Julphar) – UAE.
– Chairman of Board at RAK Pharma – Bangladesh.