The Swiss-based staff at the back of the corporate has tapped the previous Unilever government to control its portfolio of style manufacturers from around the Center East and Europe.
Akhtar has led a number of industry devices throughout the United Kingdom, India and different markets. Beginning his occupation as a expert at Accenture, the veteran supervisor has labored for a various array of businesses together with Revlon and Whirlpool, with a selected center of attention on advertising and marketing and international technique. He finished his MBA at INSEAD in France.
“Shahzad Akhtar, along with his really extensive enjoy in logo development and main companies will be capable to paintings with the logo groups to power an formidable schedule at the current portfolio of manufacturers and lay the rules for additional acquisitions,” mentioned Rachid Mohamed Rachid, founder and chairman of Alsara Funding Crew, the mum or dad of Alsara Strategic Investments.
Rachid introduced Bidayat, the crowd’s subsidiary funding automobile in 2021 to focus on manufacturers within the Mediterranean Basin area. Manufacturers within the staff’s total portfolio come with Italian outerwear label Khrisjoy, eyewear logo Akoni, Flyroom, Fromm, Egyptian jeweller Azza Fahmy and purse maker Okhtein. The gang could also be making ready to relaunch the dormant Italian style area Walter Albini.
One at a time, Rachid is leader government of Mayhoola for Investments, the Qatari fund that owns Valentino, Balmain and Buddy Zileri.
Be told extra:
Bidayat Takes Stake in Egyptian Jewelry Logo Azza Fahmy
Bidayat, a subsidiary of Alsara Funding Crew, the funding automobile based by way of Valentino board chairman and Mayhoola leader government, Rachid Mohamed Rachid, has taken an undisclosed minority stake in Egyptian jewelry logo Azza Fahmy.