Iyad Malas

Iyad Malas is a prominent Lebanese financial expert who currently serves as the Group Chief Executive Officer of Al Ghurair Group, a position he has held since August 2020.12 With an extensive background in finance and leadership, Malas has built a distinguished career spanning several decades and multiple high-profile organizations.

Education and Early Career

Malas holds a Bachelor's degree in Business Administration with a minor in Economics from the American University of Beirut, which he completed in 1986.2 He then pursued his MBA in Finance at The George Washington University School of Business, graduating in 1987.2 Additionally, he became a Chartered Financial Analyst (CFA) between 1988 and 1991.2

His professional journey began in 1987 when he joined the International Finance Corporation (IFC).3 At IFC, Malas held various positions over a 12-year period, including Regional Financial Markets Manager for Central Asia, Middle East, and North Africa.3

Career Progression

Throughout his career, Iyad Malas has held several key leadership positions:

1. Regional Director for South Asia at IFC (2004-2007)2
2. CEO of Fleming CIIC (2000-2001)2
3. Chief Operating Officer and Head of Asset Management at EFG Hermes (2002-2004)2
4. CEO of Majid Al Futtaim Trust (2007-2009)2
5. CEO of Majid Al Futtaim Holding (2009-2015)2
6. Partner at Gateway Partners (2015-2020)2

Current Roles and Responsibilities

In addition to his role as Group CEO of Al Ghurair Group, Malas holds several other important positions:

• Vice Chairman of the Board of Directors of the National Cement Company (since May 2021)1
• Member of the Board of Directors of Mashreq Bank (since April 2021)1
• Board member of various companies including Al Shafar General Contracting Company, Bin Dawood Holding Company, and Olayan Saudi Holding Company1

Iyad Malas is recognized for his expertise in financial markets, particularly in the Middle East and North Africa region. His leadership has been instrumental in the growth and development of various organizations throughout his career.13