Khadem Al Qubaisi

IN HIS ROLE as managing director of International Petroleum Investment Company (IPIC), Al Qubaisi achieved a number of milestones last year including a Dhs1.5 billion rise in net profit for FY2013 to Dhs7.9 billion and a jump in global assets to Dhs251.2 billion from Dhs239.3 billion. He also penned a landmark strategic partnership with Spanish football club Real Madrid and made a foray into Egypt with construction major Orascom for a mega power project. As chairman of Aabar, however, he now has his hands full as he helms the process of rebuilding the market’s faith in construction giant Arabtec, which went through a stock market crash in the middle of last year following the departure of its chief executive. Al Qubaisi’s other roles include positions of power at a number of plastics and petrochemical companies as well as Bahrain’s First Energy Bank.