Suleiman A. Dualeh
Managing Director(and Principal Partner) of Integrated Property Investments Ltd
Duties include the following;
- Recommending and implementing strategic investment plans after board approval;
- Managing the affairs of the company on day to day basis;
- Supervising key staff with both to hire and fire the;
- Representing the company in all investment and financing transactions;
- Overseeing marketing and finance functions;
- Exploring new markets for the company.
Previous Experience Aug 2000 – 31.12.2002. Institute of Islamic Banking and Insurance (legal name: Islamic Teachings Ltd.).
MANAGER, ISLAMIC INVESTMENT TRAINING
Islamic Banking and Insurance is the premier organization responsible for promoting Islamic way of conducting financial transactions. To make Islamic banking comprehensible to the public, the Institute conducts regular training courses, holds seminars and conferences, publishers’ books and research, and issues a monthly magazine called New Horizon.
My responsibilities included the following:
- Organizing training courses on Islamic banking
- Delivering occasional lectures on various aspects of Investments
- Co-editing the monthly magazine of the Institute
- Participating in the deliberations of the academic committee
- Negotiating with potential partners for joint projects
1993; 2000; Faisal Private Bank Switzerland S.A.; Geneva, Switzerland
Group Vice President for Asset Management and Investment, and Managing Director for Faisal Finance, (Jersey):
Faisal Finance (Switzerland) S.A. is a Swiss-based private portfolio company, and is a subsidiary of DMI Group. Faisal Finance (Jersey) is also a subsidiary of DMI with a mandate to develop and distribute products and manage funds for external clients. I have held concurrently the positions of Vice president responsible for external Asset Management and Investments for the former entity and Managing Director for the second. This arrangement allowed me to offer full cycle of investment services to our clients i.e. product development, placement, investment management, etc. through offices in Geneva and Jersey. Some of the achievements included the following:
Helped the creation of Faisal Finance (Jersey) in 1996 and turned it into a profitable company; within the first 4 years of its existence, the retained portions of its profits amounted to $12.9 million.
Launched and managed Luxembourg-based Multi-Compartment umbrella Fund.
Launched a number of regional and country-specific Funds out of Jersey and Labuan offshore centers (i.e. IMIF and Egypt Funds).
Managed a portfolio of alternative investments in leasing and trade financing investments in excess $250 Million.
Helped Faisal Finance to become a profitable business entity.
Designed an in-house Islamic Equity Index well before the likes of Dow Jones and FT launched their family of Islamic indices.
Structured and launched the first US-based securitization of senior lease assets that complied with Islamic Sharia principles.
Developed policies and procedures for initiating and managing the investment department.
1997 – 2000 BCIA; Boston M.A., U.S.A.
Member, Board of Directors
Boston Capital Institutional Advisors (BCIA) is one of the leading real estate investment and management companies in the city of Boston, USA. Faisal Finance (Jersey) owned 20% of the Company and I was appointed to represent the interests of the company in the board. The company executed transactions worth $4.5 billion within the four-year period I served as Director. My duties/achievements included the following:
Thorough examination and approval of the annual budgets.
Participating in all major board meetings.
Approval of all major investments.
Initiating and/or approving all new key clients and strategic alliance.
Directing the company on all Sharia rulings in investments.
1986 – 1993 IICG Jeddah, Saudi Arabia
- Manager, Project and Trade Financing Department
- Islamic Investment Company of the Gulf (IICG) is a subsidiary of DMI Group with a mandate to mobilize funds from the market and provide small and medium term financings to private and institutional clients in Saudi Arabia. I have initially joined the company in 1986 as Project Analyst and was later promoted to Manager responsible for Project and Trade Finance Department. My achievements included the following:
- Originated and managed a portfolio of trade and project financing transactions in excess of $500 million.
- Created policies and procedures for evaluating, documenting, and managing a portfolio of alternative investments for discerning investors.
- Developed a computer-based reporting system for all investments.
- Staffed the department with qualified staff with clear segregation of duties and responsibilities.
Education and M.A. Economics (quantitative)
Other achievements
- Various Professional qualifications in banking and finance from professional bodies.
- Contributed to leading industry journals and magazines such as New Horizon (UK), Islamic Banker (UK), etc.
- Presented conference papers and conference sessions on banking.
- Member of the Institute of Directors, UK.
- Member of the International Who’s Who of Professionals, USA
Personal Matter
- British and Somali citizenships
- Full UK Driving license
Hobbies
Reading biographies, history and novels
