Khadem al-Qubaisi
| Khadem al-Qubaisi | |
|---|---|
| Born |
Khadem al-Qubaisi September 27, 1971 Abu Dhabi, United Arab Emirates |
| Alma mater | United Arab Emirates University |
| Occupation | Former Managing Director of the International Petroleum Investment Company, Former Chairman of Aabar Investments |
| Title | HE |
| Board member of | International Petroleum Investment Company |
| Awards | Arabian Businessman of the Year (2009), ICIS Power Player of the Year (No. 1, 2009) |
HE Khadem Abdullah al-Qubaisi (Arabic: خادم عبد الله القبيسي; born September 27, 1971) is an Emirati businessman and the former Managing Director of the International Petroleum Investment Company (IPIC).
Early life
Qubaisi attended high school in Abu Dhabi and studied at the University of the United Arab Emirates. He was awarded a Bachelor's degree in Economics in 1993, and that same year commenced his career with Abu Dhabi Investment Authority (ADIA), achieving the role of Senior Financial Analyst in the North American Equities Department. In 2000, he moved to IPIC as an investment manager, and became Managing Director of IPIC in May 2007.
Career
Qubaisi began his career with ADIA, one of the world's largest sovereign wealth funds. He was a member of the Board and Managing Director of IPIC, and he sat on the boards of a number of international, regional and domestic UAE companies, many of which were IPIC owned.
Specifically, Qubaisi represented IPIC as Chairman of Compañía Española de Petróleos (CEPSA), the Spanish integrated oil and petrochemicals company, NOVA Chemicals, the North American plastics and chemicals group, and Borealis AG, in which IPIC owns a controlling 64% interest. Qubaisi was chairman of Aabar Investments, the multinational investment company and subsidiary of IPIC. Aabar, under the chairmanship of Qubaisi, made a number of high-profile acquisitions in recent years, including stakes in Daimler AG, XOJet, Virgin Galactic and Mercedes GP. Qubaisi has also represented IPIC as vice-Chairman of OMV, the Austrian national oil company, and was also chairman of Falcon Private Bank, based in Zurich.
Laureus Sports Awards
As Chairman of Aabar, Qubaisi was instrumental in securing Abu Dhabi as the host city for the Laureus World Sports Awards, both in 2010 and 2011. Laureus is a global sports awards initiative, comprising the Laureus World Sports Academy, the Laureus Sport for Good Foundation and the Laureus World Sports Award. The Sports Awards are an annual award for athletes from around the globe judged by the international media, and are supported by Mercedes-Benz, Vodafone and IWC Schaffhausen. Aabar was Host Partner to the Laureus World Sports Award in both years it has been hosted in Abu Dhabi.
Personal life
Qubaisi is married with 4 children, two boys and two girl.