Management Board

Management Board are responsible for guiding the REIT in their day to day operations and expanding and optimizing the Emirates REIT property portfolio.
Abdulla Al Hamli

Abdulla Al Hamli Chairman

Mr Abdulla Ali Obaid Al Hamli serves as Managing Director of DIB. Mr Al Hamli has been the Managing Director of DIB since July 2013. He served as the Chief Executive Officer of DIB from 22 September 2008 and served as its Executive Vice President of Business Services. Mr Al Hamli served as Chief of Operations and Information Technology at DIB for nine years, following 16 years in progressively senior positions at leading public and private-sector organizations in Dubai, including more than a decade and a half as the Director of Information Systems at the Dubai Ports Authority and Jebel Ali Free Zone. Mr Al Hamli has been the Chairman of Deyaar since July 2009. He has been the Chairman and Director at Tamweel PJSC since November 2010. He serves as a Director of DIB and Deyaar. He served as a Board Member of Injazat Technology Fund II, Injazat Technology Fund and Injazat Technology Fund E.C. and as a Director at Gulf Finance House BSC. He has completed various international professional development programs and holds a B.Sc. with majors in Economics and Mathematics from Al Ain University.
Sylvain Vieujot

Sylvain Vieujot Deputy Chairman & Chief Executive Officer

Mr. Vieujot is the co-founder and Chairman of the Equitativa Real Estate. He is also co-founder, Deputy Chairman and CEO of the REIT Manager. In 2007, he transferred the holding company of “Societe de la Tour Eiffel” - the first French newly listed REIT (SIIC) – from Luxembourg to the DIFC (Dubai International Financial Centre). In 2010, Equitativa Real Estate together with DIB launched Emirates REIT, the first Shari'a compliant Real Estate Investment Trust incorporated in DIFC. Prior to his involvement in the REIT Manager, Mr. Vieujot co-founded several companies, including and Mr. Vieujot listed on the French Stock Market (Alternext of Euronext). Mr Vieujot has a Masters in Entrepreneurship from HEC, Paris, France and is an Engineer in Computer Science Micro-electronics and Electro Technology.
Magali Mouquet

Magali Mouquet Executive Director

Ms. Mouquet is the co-founder and a director of the Equitativa Real Estate. In 2013, she became an Executive Director of the REIT Manager to provide her expertise in the IPO of Emirates REIT. She oversees the investor relations, communication, human resources and marketing functions. She also oversees the asset developments. Prior to her involvement in the REIT Manager, Ms. Mouquet co-founded several companies, including and In 2005, she led the IPO of on the French Stock Market (Alternext of Euronext). Ms Mouquet has studied Business Management in the European Business School of Paris and is a certified Investor Relations Officer from Middle East Investor Relations Society.

Management Team

Abdul Wahab Al Halabi

Abdul Wahab Al-Halabi Group Chief Investment Officer

Abdul Wahab Al-Halabi is the Group Chief Investment Officer of Equitativa Group, an asset management firm that specialises in REITs as well as mutual funds across several sectors. He is responsible for the expansion of its REIT business globally as well as the development of new funds. Previously, he was the Group Chief Investment Officer of Meraas Holding group, in charge for developing and directing Meraas Holding’s strategy and its funding and investments. Furthermore, Mr. Al-Halabi was a partner at KPMG and he has also acted as Chief Executive Officer of Dubai Properties, a member of Dubai Holding, and has held other executive roles within Dubai Holding. Mr. Al-Halabi has more than 18 years’ experience in the real estate sector, with expertise in financial restructuring, crisis and debt management, credit enhancements and joint ventures.
Arsheen Saulat

Arsheen Saulat Chief Compliance Officer and Money Laundering Reporting Officer

Ms Saulat is the compliance officer and money laundering reporting officer (MLRO) of the REIT Manager. Ms Saulat has over 10 years of experience in compliance, working as head of compliance for the National Commodity Exchange in Pakistan and most recently with the DFSA within the markets division. Ms Saulat started her career at UBS Investment Bank, where she joined their graduate training program after completing her BSc Honors degree in business management from Kings College, London.

Investment Board

The Investment Board consists of independent subject experts, who have authority (by profession, expertise or reputation) and are authorised to review and confirm that they have no objection to prospective investment opportunities proposed by the REIT Manager.
The Investment Board are not involved in the day to day management of the REIT.

Abdullah Al Hashemi

Abdullah Al Hashemi is a Director and Owner of Al Hashemi, a planning, architectural and engineering company. Mr Al Hashemi is also a Director and Member of the Board for the Dubai Electricity and Water Authority (DEWA). He was educated in Egypt and graduated from the Fine Arts Academy – Egypt in 1979 with a bachelor of Architecture. From 1979 to 1983, Mr Al Hashemi worked with the Ministry of Public Works. He then moved to work for Dubai Municipality from 1983 to 2004, where he was appointed as Head of the Planning Department. Previously, Mr Al Hashemi has served on the boards of the Dubai Islamic Bank, AWQAF & Minor Affairs Foundation and the Private Housing Finance Scheme.

Captain David Ralph Savy

Captain David Ralph Savy was appointed to the Investment Board on 13 December 2010. Captain Savy served as chairman and chief executive of Air Seychelles for a period of 14 years until February 2011. He is currently the chairman of the Seychelles Civil Aviation Authority. Captain Savy launched his professional career as a pilot soon after his studies and has held both civilian and military posts. Civilian posts included airline captain, general manager flight operations, chief pilot, trainer and examiner with Air Seychelles. On the military side, Captain Savy served in several posts varying from commanding officer of the Seychelles Airwing to the Seychelles Defence Academy. He also holds the title of Lieutenant Colonel (Retired).
Captain Savy sits on a number of government boards including the Seychelles Tourism Board. He is also a board member of H. Savy & Company Ltd. (Seychelles), H.Savy Insurance (Seychelles) and Veling Hospitality (Mauritius). Captain Savy is a board member of Veling Holding (Mauritius) and treasurer of the Seychelles Children’s Home Foundation.

Mohamed Sharaf

Mohamed Sharaf is the Chief Executive Officer of Arab Media Group, the media and entertainment arm of Dubai Holding. Mohamed assumed the role in August 2018 and is responsible for spearheading AMG’s mission to be the leading media and entertainment businesses in the Middle East.
Based in Dubai, AMG is one of the region’s premier entertainment organizations, covering radio broadcasting, event management, and family entertainment. With a vision inspired by innovation, AMG is positioned as an engaging premier integrated entertainment company, managing Global Village, Arabian Radio Network and Done Events.
For more than 20 seasons, Global Village has provided world class cultural and family entertainment, along with a cosmopolitan and diverse shopping experience, to its millions of visitors. During its 2017-2018 season, it achieved a record-breaking footfall of over 6 million visitors – receiving the ‘No.1 Leisure and Entertainment Destination in the UAE’ in the YouGov Brand Index.

Oversight Board

The Oversight Board are the committee appointed to oversee and supervise the activities of the REIT.
All Members of the Oversight Board are independent of the REIT.
The Oversight Board ensure that the REIT have adequate systems and controls in place, remain in compliance with any requirements of the relevant rules and regulations and report their findings to both the REIT and where necessary to the DFSA.

Suresh Kumar

Suresh Kumar was appointed to the REIT’s Oversight Board on 16 August 2012. Mr Kumar is currently the Chairman of the Values Group in Dubai.
Previously, Mr Kumar had served as a Chief Executive Officer & Board Member of Emirates NBD Capital and Emirates Financial Services PSC in Dubai ; having been a member of the Group Executive Committee for 27 years.
Currently, he is also the non-executive Chairman of both the Federal Bank Financial Services as well as IDBI Federal Life Insurance Company and a Director on the Board of ICICI Prudential Asset Management Company( AMC) -- all in India. Mr Kumar was also a non- executive board member for 8 years and stepped down as Chairman of Federal Bank in November 2013. He was the first recipient of the Rotary International Scholarship and Lord Aldington Banking Fellowship in 1977 and 1978, respectively. Mr Kumar is also a Fellow of the Indian Institute of Bankers. He had earlier completed two Advanced Management Programmes at the London School of Business and at the Columbia University. Mr Kumar graduated in Economics from the Sydenham College of the University of Mumbai in 1971.

Fahad Kazim

Mr. Fahad Kazim is currently the Senior Advisor to the Group Chairman at Meraas Holding. Prior to Meraas Holding, he served as Chief Investment Executive Officer at Bright Start LLC for two years. Mr. Kazim helped formalise Bright Start’s overall investment strategy and oversaw its real estate projects, including a Four Seasons Hotel and a mixed-use development project in Dubai. Prior to Bright Start LLC, Mr. Kazim worked with PricewaterhouseCoopers as part of the Transaction Services team, focusing on financial due diligence and valuation assignments and advising clients on buy/sell transactions in the real estate sector with a focus on the hospitality and retail industries. He was also involved in significant assignments, including the establishment of one of the largest real estate development companies in the Kingdom of Saudi Arabia.
Mr. Kazim serves as Non-Executive Director on the boards of Arthogen BV, Dubai Parks and Resorts PJSC Dubai Hills and Rove Hotels.
Mr. Kazim holds a bachelor’s degree in Accounting from Concordia University in Canada and is a qualified Certified Public Accountant.

Mustafa Al Hashimi

Mr. Mustafa Al Hashimi has over 10 years' experience in the Real Estate sector with a focus on hospitality. Mr Al Hashimi is currently the Chief Hospitality & Leisure Officer in the Wasl Group, where he leads the hospitality asset management team and oversees the development of new projects. Mr Al Hashimi began his career in the Oil & Gas Industry and was employed by Schlumberger the largest oilfield services company in the world, working as an Engineer In-Charge in the USA, Saudi Arabia, Qatar, and the UAE. He was the youngest high technology specialist in his field overlooking one of the largest offshore operations in the company. During his time at the Wasl Group, Mr Al Hashimi was able to transform the structure and hospitality culture of the organization efficiently, which resulted in an exponential financial growth year on year whilst winning multiple international and local awards in both service excellence and facility/restaurant management. Mr. Al Hashimi holds a Bachelor Degree in Engineering from Concordia University in Montreal, Canada and was part of the UAE Consortium for Executive Development from INSEAD.

Advisory Board

The Advisory Board provide expert strategic advice, general views and assistance to the REIT on the current state of the real estate market together with opinions on recent trends and developments.
The Advisory Board members can also provide specific adhoc advice in relation to various projects as needed.
The Advisory Board are not involved in the day to day duties of the REIT.
Khalid Al Malik

Khalid Al Malik

Khalid Al Malik is the Group Chief Executive Officer of Dubai Properties Group, aleading real estate developer in the United Arab Emirates. The Group has successfully delivered footprint of over 43 million square feet comprising of landmark residential communities, commercial properties and business districts in Dubai that include Business Bay, Jumeirah Beach Residence, The Executive Towers, Remraam, Al Khail Gate, Shorooq Midriff and JBR Walk. Khalid continues to spearhead the group’s growth strategy and has lead restructuring of the business in delivering fully integrated real estate developments and property management solutions.
His prior responsibility was as the Chief Executive Officer of Tatweer, a major real estate conglomerate in Dubai where he was closely involved in strategy and execution of businesses in Health Care, Leisure & Entertainment and Industrial development.
He has served with the Government of Dubai in senior positions and was the Director of Operations at Dubai Development & Investment Authority until 2005.
Khalid serves on the board of Empower and is the member of the advisory board of Emirates REIT. He is the Executive Director on the board of Dubai Properties Group and is the Chairman of the board of Arady Developments. He also serves on the board of several international real estate companies in Morocco, Turkey and Oman.
Khalid has a passion for motor sports and was the General Manager of Emirates Motor Sports Federation where he was tasked to broaden the appeal of motor sports in the United Arab Emirates.
His academic credentials include a bachelor degree from the University of Arizona with a double major in Management Information Systems and Production & Operations Management; a Master in Business Administration (MBA) from the Zayed University in the United Arab Emirates with specialization in e-commerce. He is a graduate of the Dubai Government Leaders’ Programme, a component of the Mohammed Bin Rashid Programme for Leadership Development.
Kunal Bansal

Kunal Bansal

Kunal Bansal was appointed to the Advisory Board on 31 January 2013. Mr Bansal has been a director and partner at Vintage Bullion DMCC since its formation. Mr Bansal holds a Bsc in finance from the Rochester Institute of Technology.
Michael Wunderbaldinger

Michael Wunderbaldinger

Michael Wunderbaldinger joined TECOM Investments as CFO from Unibail-Rodamco, the largest listed, fully integrated real estate conglomerate in Europe, where he was responsible for operations in Central & Eastern Europe. Prior to this, Michael was Chief Financial Officer & Chief Operating Officer at General Electric with various responsibilities for European wide operations, including emerging markets in Eastern & South Eastern Europe as well as for Russia and Turkey, both in the Banking as well as Real Estate industry. Michael has extensive experience across a range of Finance disciplines including restructuring and acquisition, corporate governance and compliance, real estate valuations and modelling, due diligence, and deal structuring. Michael holds a Master’s degree in Economics & Business from the Vienna University of Economics and Business Administration, as well as an MBA in General Management from the Erasmus University, Rotterdam, The Netherlands. He also holds a MBA (MBA Exchange Program) in Financial Management & Strategy from the University of Texas, Austin, U.S.A.

Shari'a Supervisory Board

Shari’a Supervisory Board ensure compliance by the REIT with Shari’a principles and where possible, advise, guide and provide assistance in the development and structuring of Shari'a compliant transactions as well as developing the REITs business in line with Shari'a best practice.

Dr Mohamed Abdul Hakim Zoeir

Dr Mohammad Abdul Hakim Zoeir was appointed to the Shari’a Supervisory Board on 10 November 2010. Dr Zoeir has a doctorate and a master’s degree of Islamic Shari’a from AI-Azhar University, Egypt. He also holds abachelor’s degree in management science. He has over 30 years of Islamic banking experience and is very highly regarded in the field of modern Islamic finance. In addition to being a member of the Fatwa and Shari’a supervisory board of DIB, Dr Zoeir sits on Shari’a boards of numerous financial institutions including Tamweel and Amlak.

Mian Muhammad Nazir

Mian Muhammad Nazir was appointed to the Shari’a Supervisory Board on 6 June 2012. Nazir has an LL.M Commercial Laws from the University of Cambridge, UK; LL.B (Hons) Shari’a and Law (Distinction) and B.A Islamic Jurisprudence from the International Islamic University, Islamabad, Pakistan.
Nazir is a Sharia Scholar and an accomplished Shari’a practitioner in the field of Islamic banking, finance and insurance. He has extensive experience in Islamic structuring, product development and documentation of Islamic banking, finance and insurance products including retail, corporate, syndications, project finance, Sukuk, securitization, fixed income structured notes, Islamic investment funds, Waqf (Islamic trusts), real estate funds, Islamic swaps and derivatives, hedging, insurance, microfinance products and Islamic finance regulations, including governance.

Fazal Rahim

Fazal Rahim was appointed to the Shari’a Supervisory Board on 1st February 2016. Fazal holds a M.A. in economics from University of Karachi, Pakistan, a B.A. in Islamic Studies & Arabic from the University of Karachi, Pakistan and a PGD in Islamic Banking and Insurance from IIBI, London. He has also been certified as a Sharia Adviser and Auditor by AAOIFI, Bahrain.
Fazal is an accomplished Shari’a practitioner in the field of Islamic banking and finance with more than 20 years of experience in local and regional banks. He has vast experience in structuring, developing and documenting Islamic products, services and transactions across the Islamic banking and finance industry and has worked closely with regional Sharia scholars.
Fazal has also undertaken and produced extensive research on many contemporary Islamic finance and banking topics. He is a member to the Islamic Banking Committee of the UAE Central Bank (the UAECB), Islamic Banking Committee of the UAE Banking Federation (the UAEBF) and Islamic Banking Coordination Committee of UAE Islamic banks.