ArabianBusiness.com - Middle East Business News
Thursday, 28 May 2009 21:26 UAE time
Power 100 - 2009
26#  Nemir Kirdar
26# Nemir Kirdar

Country of Residence / Nationality: Iraq
Companies: Investcorp
Iraq-born financier Nemir Kirdar has come a long way since he escaped from Iraq in 195 by hiding in a rolled-up carpet in the back of a truck.
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Iraq-born financier Nemir Kirdar has come a long way since he escaped from Iraq in 195 by hiding in a rolled-up carpet in the back of a truck.

The founder, executive chairman and CEO of the global investment group, Investcorp, which operates out of New York, London and Bahrain, Kirdar began his banking career in New York in 1969. Following two years of credit training, he covered South East Asia and Japan for Allied Bank International. In 1974 he joined the Chase Manhattan Bank, New York, as vice president. Between 1976 and 1981 he served in the Arabian Gulf and was responsible for overseeing and directing Chase’s banking network in the region.

He founded Investcorp in 1982. The firm specialises in offering alternative investments on both sides of the Atlantic. These include private equity, hedge funds, real estate, technology investments and Gulf growth capital.

The firm’s mission is to act as a bridge between surplus funds in the Gulf and non-traditional investment opportunities in the USA and western Europe. Its 330 staff comprise some 38 nationalities.

Kirdar graduated in economics from the University of the Pacific in California and holds an MBA from Fordham University in New York. He has also completed Harvard Business School’s senior management programme.

Kirdar has notched up almost as many honourary qualifications as academic awards. He has received honorary doctorate in humane letters from Georgetown University, Washington DC; in laws from the University of the Pacific, California; and in economics from Richmond, the American International University in London.
 

 
Comments (1)

Very interesting
Posted by Sami, Beirut, Lebanon on 22 May 2009 at 19:08 UAE time

I can't deny that I'm a bit surprised with the list... Also surprised that many names are very new to me... But that's a good thing, for then I can search and find out who they are (tried it on some, and it's amazing what people have been achieving)...

But 2 quick remarks:
- Couldn't but be proud to be Lebanese, seeing that 17 names out of the hundred came out of our small country, which is war torn and has one of the lowest populations... I'm just wondering if all our Middle East finds peace, how much can we all achieve!
- One has to still admit that the ratio of men to women is quite high... Although some women made the list, but it's clear that we still live in a society that doesn't give women all the potential to realise themselves...

Great work and I have some more searching to do :)
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