Team
International Advisory Board

Richard Allison, MBA
Advisor

Richard Allison, a former VP at GE Capital Structured Finance Group, has been negotiator and underwriter in numerous large scale investment projects. He has B.A. and M.B.A. degrees from Maryland and Yale Universities.

Dr. S. Shuja Ali, MBBS, MBA
Advisor

· Dr. Shuja Ali has spent the last decade managing Istithmar World, one of the government of Dubai’s private equity and real-estate fund. Following the restructuring at Istithmar World in 2009, Dr. Shuja Ali was appointed to the firm’s Executive Management Team. As Chief Investment Officer (CIO), he reported directly to the Board of Dubai World and was responsible for all aspects of managing the fund and the staff. Dr. Ali was in charge of exiting the entire portfolio in a managed process, including follow-on investments (~$900m between 2010-2015), and ultimately all divestments. This process was completed in October 2016, adding over $4bn in realized net cash value since 2009.

· Istithmar had invested over $10bn across a diverse set of geographies, asset classes and sectors including consumer (healthcare, education and retail), financial services, industrial and real-estate; in private equity, publicly traded positions and venture capital. As CIO, Shuja headed all investments and his specific focus, spanning across the entire portfolio, was to marry the financial/ leverage aspects of each investment with its operations and strategic plan. This was a key task in the recent restructuring following the global financial crisis.

· Shuja had started at Istithmar as Managing Director and head of the Portfolio Strategy & Operations group:

  The team was created in 2006 by Shuja to enhance the capabilities of the investment teams to deliver value to the assets under management and also actively participate in the pre-acquisition – from idea generation, to concept stage, due diligence, asset management and to monetization .

  The team also supported in monitoring the portfolio performance, conducting quarterly analysis for the carry program, and ensuring Istithmar World adheres to our stated strategy.

  The skill-set brought to the assets by Shuja and his team is a mix of tangible strategic viewpoint, functional operational depth, and operations risk assessment.

· Prior to Istithmar Shuja had a dual role: he co-led the setting up of the Dubai office for The Monitor Group, a strategic management firm with a private equity fund, and in 2003 also founded The Sajo Group, Inc., a boutique strategic management and investment advisory consulting firm head quartered in California, USA, with a presence in Dubai, that provided consulting and due diligence advice to clients focusing on select industries (healthcare services and technology enablers) and special situations (primarily based on setting up the appropriate mechanisms to monetize either existing or new investments).

· Shuja’s business experience began in London in 1994 at McKinsey & Company, Inc., a strategic management consulting firm, where he focused equally between financial services and healthcare (medical devices, pharmaceutical). Later, in 1998, he joined Mitchell Madison Group in Los Angeles, another strategic consulting firm, where he focused on financial services and healthcare services (payer, provider, e-services).

· In early 2000, Shuja, along with some other Mitchell Madison Group partners, founded an e-procurement company, Zeborg where he led the healthcare and labor-related products division. There he developed technology applications and services to assist clients and suppliers in the payer and provider space to more efficiently source medical and pharmacy benefits.

· He then joined Broadlane in 2002, a supply chain group purchasing organization (GPO), as their head of new business development where he set up the largest outsourced temporary clinical staffing management services company in the US, with over $400 million of spend under management for hospital clients, using a mix of e- technology and dedicated teams. These new business lines contributed an additional 50% to the EBITDA of Broadlane.

· Over the past decade, Shuja has been a member of Board of Directors or non-executive committees of a number of privately held assets ranging from healthcare, retailers, retail banking to name a few.

· Prior to becoming a strategy consultant, Shuja was a physician in the United Kingdom, trained in general surgery. He also assisted to develop the London office for the Healthcare Advisory Board, a research- consulting firm, and consulted to a number of British National Health Service hospitals.

· Outside of work, Shuja spends the rest of his time with his wife, Nazia, and their four children. While in California, Shuja volunteered at the Los Angeles Free Clinic since 1998, and helped them set up an alternative medicine program. He also contributes his time and funding to healthcare venture start-ups via Dubai Angel Investors.

 

· Shuja gained his medical degree (MBBS) from St. George’s Hospital Medical School, University of London and his Masters degree in public and private management (MBA) from Yale University.

Dr. Guy Fish, MD, MBA
Advisor

Guy Fish, currently VP of Fletcher Spaght Ventures, was a consultant at BCG and an equity analyst at Sanford Bernstein. He sits on the Massachussets Board of Registration in Medicine and Board of Overseers of Deaconess Medical Center. He has MD and M.B.A. degrees from Harvard and Yale Universities.

Dr. Ali A. Soliman
Advisor

Dr Ali Soliman has  a B.Sc. (Honors) in Economics from Cairo University, an M.A. in Development Economics from the American University in Cairo, and a Ph. D. in Economics from the University of Iowa, USA. He is currently Chairman of the UN- Association of International Civil Servants, an Egyptian NGO (2014-). He also taught economics at the British University in Egypt, Future University, Cairo University, and a number of other Universities in Egypt and the US. He is the former Chief Executive Officer of the Islamic Corporation for Development of the Private Sector, Jeddah, Saudi Arabia, 2001- 2007.  (ICD is a multilateral finance organization  of 56 Islamic countries, established in 1999 with a capital of US $ 500 million). He also served as Undersecretary and Senior Undersecretary, Ministries of  Economy and International Cooperation, Egypt, 1992- 2001; and as Asst. General Manager of MIDB, an investment bank, Cairo, 1981-1988,  and was World Bank/UNDP Economic Advisor to the governments of the Maldives and Saudi Arabia. He served on the Board of Directors of banks and financial companies in Egypt, Sudan, UAE, and Yemen. Dr Soliman has published ten books and contributes widely in magazines and newspapers.

Fouzul Kabir Khan, Ph.D.
Advisor

Fouzul Kabir Khan is the Chairman and CEO of Keystone Business Support Company Limited. Previously, he was the General Manager of IDCOL, an infrastructure finance company whose shareholders include tje World Bank. Dr. Khan has also taken important responsibilities including Deputy Minister at the Ministry of Power Energy and Mineral Resources and Professor at North South University. Besides, he has taught at the University of Massachussets and the National University of Singapore. His recent book, Project Finance, published by Prentice Hall, has become one of the basic books in its field. Fouzul holds a Ph.D. degree from Boston university.

Hakan Gunay, MBA
Advisor

Hakan Gunay is an executive with extensive international business experience in the fields of project financing and private equity. He worked on developing large infrastructure projects and closed numerous private equity deals in more than 20 countries in Europe, the Middle East, Africa, the Caucasus and Central Asia while he was based in Turkey, Belgium, Saudi Arabia, Bahrain and Dubai.He obtained his Bsc. degree in Management from the Middle East Technical University and his MBA degree from Cass Business School, City University as a British Council Chevening Scholar.