Syed Basar Shueb was appointed as a Board Member, Chief Executive Officer and Managing Director of IHC in July 2019. Prior to his tenure at IHC, Basar held the position of Group Chief Executive Officer of PAL-Group of Companies from 2000.
An accomplished senior executive, Basar has substantial and diversified experience in the processing, manufacturing, construction, and service industries. He is known to be a decisive and pragmatic leader, creating cohesive and focused business units that grow profitable bottom lines. He is the founder of "District Cooling™ established in 2006, and today one of the key players in the UAE's utilities services sector.
Beyond IHC, he holds leadership positions on several companies, such as Reem Finance PJSC, Chimera Investments, Keyhole TIG (K-TIG) Limited and PAL-Group of Companies. Basar holds a bachelor's degree in Computer Engineering from Near East University, Nicosia, Turkish Republic of Northern Cyprus.