Management team

DAMAC Properties’ highly experienced management team of directors and senior managers has significant experience in the real estate and construction industry.

Mr Hussain Sajwani

CHAIRMAN

Mr Hussain Sajwani founded the DAMAC Group in 1992 and has served as its Chairman since its establishment in its current form in 2002.

Mr Hussain Sajwani founded the DAMAC Group in 1992 and has served as its Chairman since its establishment in its current form in 2002.

Being one of the pioneers of Dubai’s property market expansion, Mr Sajwani built and sold several hotels in the mid-1990s to accommodate the growing influx of people to the country for the purposes of business and trade. Having contributed to DAMAC’s growth from its inception, in October 2011, under Mr Sajwani’s initiative, the DAMAC Group launched its hospitality division, which will ultimately provide bespoke services to residents in more than 13,000 luxury branded apartments and villas in DAMAC projects, currently under development.

Mr Sajwani received his Bachelor of Arts degree in Economics from the University of Washington in the United States.

Mr Ziad El Chaar

MANAGING DIRECTOR

Mr El Chaar graduated with a Bachelor of Science in Biology in 1990 and received a Master of Business Administration in 1998 from the American University of Beirut.

Mr El Chaar graduated with a Bachelor of Science in Biology in 1990 and received a Master of Business Administration in 1998 from the American University of Beirut.

From 1993 to 2005, Mr El Chaar worked for Fattal Holding, which is the largest distribution and representation company in the Levant (Lebanon, Syria, Jordan and Iraq). From 1997 to 2001, he was General Manager in Syria for the same company, during which time he turned the sales and distribution parts of the business in Syria from loss making to profit generating within three years. From 2001 to 2005, Mr El Chaar was Group Executive Director of Fattal Holding and remained on the board of that company until 2008.

Mr El Chaar joined DAMAC in 2005 as Vice President of International Sales. He became International General Manager in 2006 and remained in that role until the beginning of 2009 when he became General Manager of Operations. Since the beginning of 2011, Mr El Chaar has been the Company’s Managing Director.

Mr Adil Taqi

GROUP CHIEF FINANCE OFFICER

Mr Taqi graduated with a Bachelor of Science in Mathematics-with-Engineering in 1993 from the University of Nottingham in the UK and received an executive MBA in 2004 from IMD in Switzerland. He is also an associate and member of the Chartered Institute of Management Accountants in the UK. His experience covers both emerging and developed markets, including the MENA region and the United Kingdom.

Mr Taqi graduated with a Bachelor of Science in Mathematics-with-Engineering in 1993 from the University of Nottingham in the UK and received an executive MBA in 2004 from IMD in Switzerland. He is also an associate and member of the Chartered Institute of Management Accountants in the UK. His experience covers both emerging and developed markets, including the MENA region and the United Kingdom.

In addition to being the Group Chief Finance Officer, Mr Taqi heads up the Business Development Team managing all of DAMAC Properties’ real estate investments. Prior to joining the Company in 2006, he held various senior management roles in a number of Omani banks and financial institutions.

Mr Taqi is currently on the board of a number of high profile private and public companies in the MENA region, including Al Anwar Ceramics Tiles Company SAOG and Al Jazeira Services Co SAOG.

Mr Niall McLoughlin

SENIOR VICE PRESIDENT, MARKETING & CORPORATE COMMUNICATIONS

Mr McLoughlin is a 25-year resident of the United Arab Emirates. His UAE career started with one of the largest private companies in the country, the Al-Futtaim Group, where he held several senior marketing and communications positions throughout the organisation

Mr McLoughlin is a 25-year resident of the United Arab Emirates. His UAE career started with one of the largest private companies in the country, the Al-Futtaim Group, where he held several senior marketing and communications positions throughout the organisation.

He progressed to work within real estate development marketing with Dubai Festival City and regional banking, where he held senior positions for Standard Chartered Bank PLC. He joined DAMAC Properties in 2007.

The Marketing & Corporate Communications division is responsible for the day-to-day internal and external communications and marketing activities relating to the Company.

Serving a wide spectrum of nationalities and geographies, the team oversees and executes a continuum of marketing communication activities including market research, creative, brand management, website development, online marketing strategy, media management, advertising and promotions, media relations, public relations, reputational risk and CSR activities.

Mr Mohammed Tahaineh

Senior Vice President, Commercial

Mr Mohammed Tahaineh has almost 20 years’ experience in the UAE, working in the construction industry at executive management level, specialising in commercial and project management.

Mr Mohammed Tahaineh has almost 20 years’ experience in the UAE, working in the construction industry at executive management level, specialising in commercial and project management. As head of the commercial unit, his responsibilities include managing the overall commercial and procurement process ranging from construction contracts to general services in line with DAMAC Properties’ business requirements. The role involves pre-qualification of companies, inviting tenders, reviewing tender returns, commercial finalisations and awarding contracts for construction, marketing and miscellaneous services. His responsibilities also include post contract commercial management of the projects, in particular, contract administration, claims management, preparation and finalisation of supplementary agreements, auditing of payment valuations and change orders as well as administering project close outs.

Mr Patrick Doolan

Advisor

Mr Doolan has over 30 years’ experience in senior management positions throughout various commercial, engineering and construction companies in the United Kingdom and subsequent legal counsel positions in Australia and the Middle East. He received his LLM from Sydney University in 1999 and has also been a member of the Chartered Institute of Arbitrators since 2004.

Mr Doolan has over 30 years’ experience in senior management positions throughout various commercial, engineering and construction companies in the United Kingdom and subsequent legal counsel positions in Australia and the Middle East. He received his LLM from Sydney University in 1999 and has also been a member of the Chartered Institute of Arbitrators since 2004.

DAMAC Properties’ in-house legal team protects and promotes the Company’s interests by providing a full spectrum of legal services. It is responsible for the drafting, issue and control of the Company’s core commercial contracts, and for the day-to-day legal requirements, including structuring, drafting and negotiating contracts for land acquisition, design and / or construction and brand licensing arrangements with companies such as Tiger Woods Design, Fendi Casa, Versace Home, Paramount Hotels & Resorts and Bugatti.

It also appoints and manages external counsel for litigious matters and in relation to specialist advice.

Mr Arunan Thayyil

Vice President, Information Technology

With almost 30 years’ experience in the fields of information technology and telecommunications, Mr Arunan Thayyil leads a team of professionals who ensure that DAMAC Properties is utilising best-in-class technology and systems to maintain and enhance the Company’s efficiency and ensure its position at the forefront of the real estate industry.

With almost 30 years’ experience in the fields of information technology and telecommunications, Mr Arunan Thayyil leads a team of professionals who ensure that DAMAC Properties is utilising the best-in-class technology and systems to maintain and enhance the Company’s efficiency and ensure its position at the forefront of the real estate industry. Following a successful career in India, Mr Thayyil relocated to Dubai for posts with both Unilever and Coca Cola, before joining DAMAC Properties in 2004. During that time, the Company has implemented state-of-the-art technology systems from business practices and automation to physical infrastructure developments capable of global expansion. Mr Thayyil has a dedicated team working with him to ensure systems run smoothly and are utilised for the best practices of the business and the Company’s customers.

Mr MP John

Senior Vice President of Human Resources and Talent Acquisition

Mr John joined DAMAC Properties in 2003. With more than 25 years’ experience, he is responsible for driving organisational success in talent acquisition and human resources, providing an employee oriented, high performance driven work culture. He holds a Masters Degree in Arts from Mahatma Gandhi University, India.

Mr John joined DAMAC Properties in 2003. With more than 25 years’ experience, he is responsible for driving organisational success in talent acquisition and human resources, providing an employee-oriented, high performance driven work culture. He holds a Masters Degree in Arts from Mahatma Gandhi University, India.

The HR and Talent Acquisition team is responsible for global recruitment, induction programmes for all staff, visa processing, performance management and administration.

Training and development is a core principle of the department, with comprehensive introduction and education programmes on Dubai and DAMAC Properties for new employees.

Amr Aboushaban

Head of Investor Relations

Mr Aboushaban has over 10 years of experience in London with global financial institutions, focusing on global, emerging & frontier market equities & business development. He spent 8 years of his career at Bank of America Merrill Lynch & 2 years at Renaissance Capital.

Mr Aboushaban has over 10 years of experience in London with global financial institutions, focusing on global, emerging & frontier market equities & business development. He spent 8 years of his career at Bank of America Merrill Lynch & 2 years at Renaissance Capital.

Mr Aboushaban holds a Bachelors of Engineering from the University of Westminster, London & a Masters of Finance from the University of London, Queen Mary.

Mr Aboushaban leads the Investor Relations team in ensuring transparent, regular communication with DAMAC’s diverse stakeholder base; this includes attending & coordinating investor meetings, conferences & capital market days, leading financial analyst briefings, & supplying all the relevant information needed to understand DAMAC’s financial performance & strategic ambitions.