Industry: Banking and finance
Company: Abu Dhabi Financial Group
Country of origin: @JassimAlseddiqi
In just four years of existence, starting with two people in a small office, Jassim Alseddiqi’s Abu Dhabi Financial Group (ADFG) now manages an investment portfolio worth $1.5bn (about AED5bn) in assets. In particular, it has been making waves due to its eye-catching purchases in London, where it has secured New Scotland Yard and No.1 Palace Street. ADFG is also planning to develop a large land bank on the Black Sea in Bulgaria, as well as other sites in Serbia and Montenegro.
Over the last four years, the company has evolved and expanded into an integrated financial services platform under the umbrella of ADFG, branching out into real estate investments and debt structuring and management. Alseddiqi is also the chairman of Integrated Capital and First Gulf Financial Services, as well as being a board member at Tourism and Development Investment Company, Qannas Investments Limited, Northacre Plc and Abu Dhabi Capital Group. He holds a degree in electrical engineering from the University of Wisconsin Madison, and earned a master’s in the same subject from Cornell University in the US.