| The Anatomy of Private Equity Investments in the MENA Region |
| Unlocking the Potential of Business Process Outsourcing |
Abbas Bolurfrushan, Chairman of the Board of Directors
|
Abbas Bolurfrushan is the Chairman of the Board of Directors of the Bolurfrushan International Group, Arya Insurance Brokerage, Asian Poosheshgar and Ex-Chairman of Hafez Insurance Company. Mr. Bolurfrushan pioneered the private Insurance sector in Iran, by forming SafeCover, in 1971.
In addition, Mr. Bolurfrushan is a founding member, and Ex-President, of the Iranian Business Council of Dubai, Founding Board of Governors of the Capital Club, with leadership roles in numerous other local philanthropic organizations. He is a graduate of the College of Insurance (MBA) in New York and the Academy of Insurance in Cologne, Germany. Mr. Bolurfrushan has been interviewed by numerous international publications including the Council of Foreign Relations, Forbes, New York Times, Bloomberg, Global Affairs, The National, Khaleej Times and Gulf News. |
Chief Executive Officer, Arya H. Bolurfrushan
|
Arya H. Bolurfrushan is the Chief Executive Officer of the Bolurfrushan International Group. He’s invested in 72 private and public investments with a blended realized IRR of 29% over 8 years, 31 of which are early stage investments resulting in 10 exits and a realized IRR of 63%. Mr. Bolurfrushan is also General Partner of Emerge Ventures, one of the first Venture Capital funds in the Middle East, and Director of its portfolio company, Elevision Media. Mr. Bolurfrushan was Director of Arya Insurance Brokerage before leading its partnership and subsequent merger with a disrupting strategic.
Previously, Mr. Bolurfrushan served as General Manager & Chief Financial Officer of RAK Petroleum plc. He was instrumental in taking RAK Petroleum public on the Oslo Børs and growing the firm five-fold from his joining the firm in 2010. RAK Petroleum has direct and indirect interests in upstream exploration and production assets in Iraq, Cote D’Ivoire, Oman, Tunisia, Somaliland, Yemen, Norway and the United Kingdom. Mr. Bolurfrushan began his career at the Investment Strategy Group of Goldman Sachs. Mr. Bolurfrushan served and led the boards of the Young Presidents Organization’s Regional MENA Chapter, Harvard Iranian Alumni, the United Nations’ Next Generation of Energy Leaders and was nominated as a Global Shaper by the World Economic Forum. In addition to studies at the University of Cambridge, Sorbonne and the Cordon Bleu, Mr. Bolurfrushan received a Bachelor and Masters of Science from Carnegie Mellon and an MBA from the Harvard Business School. |