Executive Summary
Rashed Ali Al Ansari joined the Group in 2010. He also holds the role of the CEO of Al Ansari Exchange since 2010, the UAE's largest foreign exchange and remittance company with a network consisting of more than 250 branches. Additionally, he also serves as CEO for the Group subsidiaries Blue Remit Limited and Cash Trans LLC. Previously, Rashed Al Ansari was the CEO and Vice President of Dubai Industrial City for three and a half years, responsible for the day-to-day management and setting the strategic direction for the industrial township. He has also founded various strategic projects such as Dubai Industrial Academy and Transpark Logistics. In 2005, he was appointed as a board member of the Dubai Mercantile Exchange, a joint venture between the government of Dubai and the New York Mercantile Exchange. Prior to that, he held positions at Dubai Holding and The Executive Office in Dubai. Rashed Al Ansari holds a bachelor's degree in engineering from the University of Bradford and a master's degree in business administration from Leeds University Business School in the UK. He is an associate member of the Institute for Mechanical Engineering in the UK, a member of the Urban Land Institute, and a member of the Mohammed Bin Rashid Leadership Program. In June 2021, Rashed Al Ansari was appointed as a member of the "Dubai Chamber's advisory Council". On the social front, Mr. Al Ansari actively participates in many local and international education and health related humanitarian programs. He also serves on the UAE advisory board for The Rosalynn Carter Fellowships for Mental Health Journalism.