Mr Malas has over twenty years of experience in finance, investment and asset management roles and strong industry knowledge of general manufacturing, information technology and financial markets. He has served as CEO of Majid Al Futtaim Holding LLC (also known as Majid Al Futtaim Group LLC), Majid Al Futtaim Asset Management Holdings LLC and the Majid Al Futtaim Trust and as an executive director of Majid Al Futtaim Properties LLC. Mr Malas was Director for South Asia at RSB Group and he has held various positions with the World Bank Group, including as Manager in the International Finance Corporation’s (“IFC”) Central Asia, Middle East, and North Africa departments. Mr Malas was the Regional Director, South Asia for the IFC in New Delhi, India, where he was directly responsible for all new investments in the region and for portfolio supervision.
From 2000 to 2004, Mr Malas worked in Egypt, first as the CEO of Fleming CIIC, a Cairo-based investment bank, where the bank became the largest investment bank in the MENA region under his leadership. He also served in various management capacities at EFG-Hermes in Cairo, where he was instrumental in developing its emerging markets database into a fully fledged commercial product. As a result, he has extensive experience in Latin America, Asia, Southern Europe and the Middle East.
He has also served as a director of Delta Rubis, Evolvence Capital, Commercial Bank of Ceylon PLC (also known as Commercial Bank of Ceylon Ltd.) and EFG-Hermes. He is a Chartered Financial Analyst and holds a Masters in Business Administration from George Washington University, United States and a Bachelor of Arts from the American University in Beirut, Lebanon.