STRATEGIC VISION AND GOVERNANCE
The Board of Directors and its advisors are responsible for Shamal’s strategic direction and governance, ensuring the business and its employees deliver against what is expected from our clients, partners and investors. With decades of global experience within some of the world’s top companies, sectors and world markets, Shamal’s Board strive to implement exemplary best practices to create sustained growth, profitability and value for our stakeholders.
Drawing on nearly 20 years’ financial services experience in leading world markets including Hong Kong, Isle of Man and Abu Dhabi, Lee is CEO and founder of Shamal Group Limited – a high-end business solutions provider working on behalf of investors to ideate, plan, launch and operate profit-generating businesses in the Middle East and across the world.
Lee has spent his career developing a unique understanding of the finance market, helping partner prominent investors with profit-generating projects. His proven ability to optimise existing portfolios, review potential investment opportunities for feasibility and create solid business models that ensure maximum returns has seen him manage billion dollar portfolios for his clients. Lee specialises in driving long-term revenue and profit growth for ultra-high-net-worth individuals, prominent families and investment groups around the world.
Lorraine Beglar is Shamal Group Limited’s General Counsel and a member of the Board of Directors, with overall responsibility for the group’s legal activities.
Lorraine is a UK qualified practising lawyer who has gained extensive experience both in private practice and in-house. These experiences span both the UK and internationally, with particular knowledge of the UAE. She has spent the last eleven years living and working in the UAE and is extremely knowledgeable about the legal and business landscape in the Middle East.
Lorraine’s main areas of legal expertise lie in corporate and commercial matters. These include commercial contracts, corporate structures, telecoms, media & technology, and real estate. All of these experiences have led to her gaining a well-rounded skill set and the ability to support and communicate effectively to all areas of businesses.
Lorraine has grown and managed teams to be highly successful in their field of business. She has drafted and negotiated agreements with content providers such as Warner Brothers, Disney and OSN. Through dealing with complex contracts, Lorraine has gained vast knowledge in dealing with a broad range of vendors. Some of Lorraine’s greatest achievements include managing all of the legal work for the Ferrari World Abu Dhabi Phase II expansion programme, Cascade Walk, Abu Dhabi and the roll out of 120 stores for Hutchison 3G UK Limited (3 Mobile phones) in the UK.
Tel:+971 (0) 2 501 3700
Simon Rendell, is Shamal Group Limited’s Chairman. A partner at Field Fisher and a portfolio non-executive director, Simon has over 25 years’ experience and is considered one of the finest lawyers in his field. During Simon’s time as a Partner at Osborne Clarke, he took on a secondment as legal adviser at Vodafone, one of the world’s leading telecommunications firms. Following a successful year-long secondment, Simon started looking to engage in other non-executive director roles where he felt he could add value. Simon currently has ten non-executive roles, including Shamal, which allow him to gain different perspectives on a variety of industries and company practices, which he feels adds value to his role within Field Fisher. Simon’s successes include being appointed as Vodafone’s UK legal director, supporting the expansion of Yahoo! to over 50 territories and Facebook to over 25.
Trained to see things clearly, break down and analyse problems and articulate the issues and potential solutions clearly, Simon believes more firms should consider appointing lawyers as non-executives. Simon is non-exec Chairman for a number of roles he currently has and believes the role of the Chairman is fundamentally about protecting the interests of shareholders, challenging and supporting the CEO and executive team and applying good corporate governance.
Tel:+971 (0) 2 501 3700
Humaid Al Masaood
Humaid Al Masaood is a driving force within the Al Masaood family, considered to be one of the oldest and most successful family firms in Abu Dhabi and the Middle East region. The founder of the family’s long history, The Late Masaood Bin Salem Al Muhairbi (peace be upon him) first became successful in the pearl trade 150 years ago when it was one of the most important economic activities. In the 1950’s this ancient trade declined rapidly as many challenges arose. This pushed The Late Mohammed Bin Masaood to develop a trading business which started the journey of the Al Masaood family from a small shop to many companies with diverse activities that grew and progressed under the name of Al Masaood Group.
Under the governance of His Excellency Abdulla Bin Mohammed Al Masaood, the group has become one of the most successful and diverse trading groups in the region. Al Masaood & Sons is the most recent manifestation of this progress, a group of more than 20 companies exclusively owned and managed by His Excellency Abdulla Bin Mohammed Al Masaood and his sons Humaid and Khalifa Al Masaood. Humaid Al Masaood’s philanthropic vision for his family firm is driven by a passion to provide outstanding educational opportunities for young people within his home of Abu Dhabi.
Alison is the Head of FX & Rates trading for First Abu Dhabi Bank having joined the Global Markets team in 2015. She leads the largest FX & Rates trading desk in the region which covers the Middle East, Africa, Europe and North America with a solid presence in Hong Kong to support FAB’s Asian client base. Alison has fourteen years experience in financial markets with stints in Singapore, Tokyo, Zurich, New York and London where her focus was predominantly on G10 rates before she moved to Abu Dhabi and expanded this mandate into emerging and frontier markets. During her time on the desk she has handled multiple award-winning, regional hedges and under her stewardship, the team continues to innovate and broaden both its product offering and currencies traded.
Prior to joining FAB Alison was tasked with establishing a short end rates trading desk for Scotiabank in London. Before that, she spent ten years with UBS in various jurisdictions latterly building out their short-term USD rates offering in New York.