Hussain Sajwani: The DAMAC Owner Keeps Good Company

Inspirational tapes and speeches about how to succeed as an entrepreneur and/or become financially free all suggest surrounding yourself with a team of other upward bound people who possess expertise that you have yet to acquire. Not that you would perform as the weakest link. Everyone brings a unique perspective and set of talents to the table. All are equally respected.

In certain circles of the lower and middle classes, some do not relate well with this. There’s an undercurrent of mistrust and disbelief no matter how many sports teams one has experienced. Or, perhaps, because of them. Such surmise that they must hold all of their cards forever close to their chest until the thing is done, no matter the cost or the long trips around mountains designed for conquering using more than one set of hands, more than one set of eyes, more than one perspective.

At the level where Hussain Sajwani resides, this is not the case. A collaborative team of overachievers is the collective goal. Each person loves dearly what the others have to offer and feel honored that they’ve decided to share of themselves toward the same mission or missions. It’s a camaraderie that celebrates strength, both individual and united. Hussain Sajwani, owner of DAMAC Properties, recruited a team of board members that fits the bill.

During his formative years, Hussain Sajwani assisted in the family business. His attention to detail and people skills shone brightly even then. Academic excellence afforded him a full scholarship to the University of Washington state in the USA. From there, he earned his dual Baccalaureate of Sciences degree in Industrial Engineering and Economics. While a student there, he sold timeshares, his entrepreneurial spirit increasingly rising up in him.

After graduating, Hussain Sajwani, DAMAC owner and founder, secured a position in the contracts division of a renowned petrol company as his first career move. Seeing the mountain of account receivables cross his desk, he quickly realized that the best way to engage the world was to offer a product or service for which others would gladly pay you to deliver. Within a few years thereafter, he started a food catering business that successfully continues to currently serve more than 150,000 meals every day and goes by the name Global Logistics Services. Twenty years later, he founded DAMAC Properties and today he prevzils as a top billionaire on the Forbe’s 2018 list.

The team Hussain Sajwani built as members of the DAMAC Properties Board of Directors includes Adil Taqi, who has, among other expert achievements, Chartered Accountant status. He leads the business development team of DAMAC Properties and serves as the Board’s Group Chief Finance Officer. He also has a rich background in international banking and mathematical engineering. Professor John Wright serves as Senior Independent Director of DAMAC Properties and is also a Chartered Accountant with an untouchable background in executive banking. Farooq Arjomand is a fellow entrepreneur with successful global enterprises across various industries, also possessing an impressive career in private and commercial investment banking. He serves the board as a non-executive director. Sofyan Al Khatib brings catering expertise to the Board’s negotiations table, having more than 37 years in the hospitality business. He serves as another of DAMAC’s non-executive directors with key networking skills. Yahya Nooruddin brings more than 20 years of experience in the finance industry to the negotiations tables of DAMAC Properties. With dozens of years of experience in engineering sciences, law, finance management and insurance, he shines the light unto the finer details of negotiations. He serves as a non-executive director on the Board. And Nabil Alyousuf is a fellow entrepreneur with expertise in global investments, particularly private equity and real estate development. He’s also known for his academic excellence with rewards in engineering science and economics, including service unto His Highness Sheikh Mohammed bin Rashid Al Maktoum, the Ruler of Dubai. All serve on several boards and divide their executive and non-executive duties accordingly.

Hussain Sajwani serves as his Company’s Chairman of the Board. The DAMAC owner is its founder and visionary whose unsurpassed insight regarding promising investments and locations keep DAMAC Properties in the top rankings of its class.

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