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Zak Hydari
Chief Executive at Rasmala
Zak Hydari is a seasoned finance and investment professional who currently serves as the Group CEO at Rasmala Holdings and Senior Executive Officer at Rasmala Investment Bank Ltd, a position he assumed in June 2024.15
With over 25 years of experience in the industry, Hydari has built a strong reputation in asset management and private equity.4 His career at Rasmala has been marked by significant leadership roles and strategic changes within the organization.
Career Highlights
Leadership at Rasmala:: Hydari's tenure at Rasmala has been dynamic. He previously stepped down as Chief Executive to become Chairman in September 2021 as part of a strategic restructuring.3 However, he later returned to the role of Group CEO, demonstrating the company's continued trust in his leadership.5
Expertise:: Hydari is known for his extensive experience in private equity, mergers and acquisitions, special situations, and business turnarounds.2
Education and Recognition
Hydari completed his MBA at Cranfield University in 2004 and was honored with the Distinguished Alumnus Award in 2018.2 This recognition underscores his achievements and contributions to the field of business and finance.
Leadership Philosophy
Hydari advocates for a nuanced approach to leadership development, emphasizing the cultivation of what he calls "leadership superpowers".2 These include:
- The power of self-belief
- The power of kindness
- The power of listening
- The power to empower others
- The power of giving back
He believes that consciously developing these qualities can transform good leaders into great ones.2
Current Responsibilities
As Group CEO, Hydari is responsible for overseeing Rasmala's operations and strategic direction. Rasmala is an independent provider and manager of alternative investment products, primarily serving Gulf-based investors, including pension funds, family offices, corporates, endowments, and financial institutions.1
Zak Hydari's leadership and extensive experience continue to shape Rasmala's position as a leading independent alternative investment firm operating in global markets since 1999.2