Syed Basar Shueb has been CEO, Managing Director and a member of the Board of Directors of IHC since July, 2019. Alongside his tenure at IHC, Syed Basar has held the position of Group CEO of the Pal Group of Companies since 2000 and holds leadership positions on several other high-profile companies, including Reem Finance PJSC, Chimera Investments LLC, and is one of the key players in the UAE’s utilities services sector through PAL Cooling Holding.
In addition to being board member of Alpha Dhabi Holding (ADH), Syed Basar was elected to the Board of Directors of the Abu Dhabi Chamber of Commerce and Industry, besides his board membership in Invictus Investment PLC.
An accomplished and respected senior executive, he has substantial and diversified experience in the processing, manufacturing, construction, finance and service industries, and was listed in the Top 10 Middle East’s CEOs by Forbes in 2023. Basar is known to be a decisive and pragmatic leader, and for his skill in creating and nurturing cohesive and focused business units that grow profitable bottom lines.
He has played an integral part in IHC continually being in the top performers of the Abu Dhabi Bourse’s listed companies.
Syed Basar Shueb holds a bachelor’s degree in computer engineering from Near East University, Nicosia, Turkish Republic of Northern Cyprus.