Mr. Omar Alghanim

Board Member, Family Business Network and Founder & Chairman, Yakoa

Mr. Omar Alghanim

Board Member, Family Business Network and Founder & Chairman, Yakoa

Biography

In a business career spanning over 20 years, beginning as an M&A Analyst with Morgan Stanley, Omar has brought a unique skill set to his role as Group CEO of Alghanim Industries and Chairman of Gulf Bank.

During his 17-year tenure at Alghanim Industries, Omar grew a geographically diverse multi-business group fivefold. This growth was enabled by building a culture of meritocracy of people and creativity. The Harvard Business School even wrote a case study to showcase the company for MBA students. Omar’s distinctive management style was also successful at Gulf Bank, where in seven years, he doubled net profit with double-digit growth figures every year, making Gulf Bank one of the fastest-growing banks in the region.

Omar is co-founder and continues as a regional board member of INJAZ-AL ARAB, which has touched over 3 million youth in the region. He is also involved with the World Economic Forum as Chair of the MENA Regional Business Council (2014-2015), and Chair of the initiative, ‘A New Vision for Arab Employment’ (2014-present). Omar also sits on the Leadership Council at the Harvard Kennedy School’s Centre for Public Leadership (2018-present), Harvard Business School’s Board of Dean’s Advisor’s (2018-present), and Harvard Business School’s MENA Advisory Board (2015-present). In 2018 the Family Business Council –Gulf (FBCG) elected Omar as their chairman.

Omar is soon to launch a new impact investment vehicle. He believes very strongly that business cannot exist for the sole purpose of profit. As a responsible investor, he wants to combine financial performance with social commitments, to become a pioneer in quality-of-life investments. He sees it as a way of improving the lives of the people in the Gulf Region.

In 1997, Omar received a Bachelor of Science degree in Business Commerce from New York University’s Stern School of Business and has an MBA from the Harvard Business School (Class of 2002).

All sessions by Mr. Omar Alghanim