Dubai-UAE: 02 October, 2012 - Dubai Investments PJSC, the largest investment company listed on the Dubai Financial Market, today announced the appointment of Abdulaziz Bin Yagub Al Serkal as General Manager of Dubai Investments. In addition, Khalid Rashed Saif S Al Jarwan has been appointed as General Manager of Masharie LLC, the private equity arm of Dubai Investments.

Khalid Bin Kalban, Managing Director and CEO, Dubai Investments said: "These new appointments are in line with the philosophy of the company to leverage the expertise of visionaries within our organisational structure."

He added: "Abdulaziz Al Serkal brings with him vast experience in industrial dealings and business management. He will now manage all the industrial and overseas investments of Dubai Investments.

"Khalid Al Jarwan holds a wealth of knowledge in managing investments, and we hope to broaden our portfolio with new projects and develop existing businesses under his able management."

Earlier, Al Serkal headed Masharie LLC where he successfully managed profitable transactions that helped grow the company's portfolio to include 17 subsidiaries. Prior to joining Dubai Investments, Al Serkal served as Industrial Engineer at Emirates Industrial Bank. With over 27 years of experience in the investments sector, his areas of expertise include mergers and acquisitions, privatization, divestments, post investment management, project development and project financing.

Khalid Rashed Saif S Al Jarwan brings over 11 years of experience in diverse sectors and industries to his new role at Masharie LLC. Al Jarwan will oversee and control the corporate venture capital initiatives of the company. He will be responsible for identifying new opportunities in high growth medium and large scale establishments in the Middle East region.

Formerly, Al Jarwan held the position of General Manager of Union Properties PJSC. He has also been associated with Dubai Investments as Deputy General Manager of Dubai Investments Industries (DII), the industrial arm of Dubai Investments PJSC.

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About Dubai Investments:
Dubai Investments PJSC (DI) is a world-class company that invests in viable and profitable entities. With over 19,894 shareholders, and paid-up capital of AED 3.5 billion, it is the largest investment company listed on Dubai Financial Market.

Dubai Investments PJSC was incorporated in 1995, with the primary objective of investing in companies and projects. DI has established companies encompassing a diverse range of sectors including manufacturing, food and related fast moving consumer goods, wholesale and retail trade representation, healthcare and pharmaceuticals, industrial and commercial properties, real estate management and property development, transportation, shipping, distribution and logistics, marketing and sales, publishing and telecommunications.

DI's mission is to add value and to grow its investment portfolio through active strategic stewardship, financial engineering and leveraging its corporate brand, business promotion capabilities, network of relationships, and financial resources.

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© Press Release 2012