Chairman, Dhabi One Investments Services LLC
Educated in both the UK and USA, Sheikh Mohammed attended The Vanderbilt University (Nashville, Tennessee) where he studied Human and Organizational Development before returning to the United Arab Emirates in 2008. As a National of the United Arab Emirates (UAE), Sheikh Mohammed successfully completed the nine-month Military service at the UAE Armed Force, as identified by the Deputy Supreme Commander of the UAE Armed Forces, in 2015.
Dhabi One Investments Services LLC (DOIS), established in January 2011, is the investments vehicle of His Highness Sheikh Nahayan bin Mubarak al Nahayan, UAE Ruling Family Member and The Minister of Cultural Affairs and the Group’s majority shareholder. The Fund is invested mainly in direct equity investments, with general focus on minority positions that give sufficient influence. Investments currently held in a number of sectors such as Automotive, Banking and Financial Services, Engineering and Industrial, Healthcare, Hospitality, Information Technology, Real Estate Development Telecoms & Media & Energy covering geographies such as UAE, USA, East Africa, South East Asia and Turkey.
Sheikh Mohammed is the son of His Highness Sheikh Nahayan bin Mubarak al Nahayan, a shareholder of DOIS and the Chairman of the Group’s Executive Management Committee (“EMC”) since its inception in 2011. Sheikh Mohammed’s leadership of the EMC and day-to-day involvement in the Group are essential in ensuring that the Management team has a full understanding and articulation of the direction and strategy envisaged by His Highness. As Chairman of the Group, Sheikh Mohammed has partnered successfully with clients and partners to achieve Group targets, strengthened company’s business by leading the implementation of Projects. Sheikh Mohammed works directly with the management team to envisage innovative programs to create new revenue streams and is involved on a day-to-day basis with the Group’s Financial Management, Negotiations, Consultancies, Mergers and Acquisitions.
As Chairman of DOIS, a Shareholder of Warid Telecom International, Sheikh Mohammed spearheaded and managed the recent merger activities wherein DOIS and VimpelCom Ltd, along with Global Telecom Holding S.A.E, have agreed to merge their Pakistan telecom businesses. The merger of Pakistan Mobile Communications Limited (“Mobilink”) and Warid Telecom (Private) Limited (“Warid”) will create the largest operator in Pakistan with access to most advanced 3G and 4G/LTE network in Pakistan. The combined entity will have a market share of 37% serving 45 million subscribers. The transaction is the first merger in the mobile telecommunications sector in Pakistan and it is expected to create Capex and Opex synergies with a net present value of approximately USD500 million. The combined revenue of both companies for the 12 months to September 2015 was USD 1.4 billion.
Sheikh Mohammed has also been pivotal in the recent restructuring activities of DOIS as a Group which was carried out over a period of one year where studies were undertaken in detail to weed out redundancies, consolidate the Group’s activities which resulted group wide headcount reductions, workstream management, new job descriptions as per new roles, creation of new infrastructure / development structure and streamlining existing processes. This has resulted in a niche team more suited for the changing needs of business.