Chairman of the Board of Directors, Abbas Bolurfrushan
Abbas Bolurfrushan is the Chairman of the Board of Directors of the Bolurfrushan International Group, Arya Insurance Brokerage, Asian Poosheshgar and Ex-Chairman of Hafez Insurance Company. Mr. Bolurfrushan pioneered the private Insurance sector in Iran, by forming SafeCover, in 1971.
In addition, Mr. Bolurfrushan is a founding member, and Ex-President, of the Iranian Business Council of Dubai, Founding Board of Governors of the Capital Club, with leadership roles in numerous other local philanthropic organizations.
He is a graduate of the College of Insurance (MBA) in New York and the Academy of Insurance in Cologne, Germany.
Mr Bolurfrushan has been interviewed by numerous international publications, a few examples are: Council of Foreign Relations, Forbes, New York Times, Bloomberg, Global Affairs, The National, Khaleej Times and Gulf News.
Chief Executive Officer & Director, Arya H. Bolurfrushan
Arya H. Bolurfrushan is the CEO of the Bolurfrushan International Group, General Manager & Chief Financial Officer of RAK Petroleum, General Partner of Emerge Ventures, Director of Arya Insurance, Venture Partner at ExistVenture and Director of Elevision Media.
At RAK Petroleum, Mr. Bolurfrushan is the General Manager and CFO of the largest non-state oil company in the Middle East. He was instrumental in taking RAK Petroleum public on the Oslo Børs and growing the firm five-fold from joining in 2010. RAK Petroleum, besides from its producing interests in Cote D'Ivoire through Foxtrot International, owns 43% of DNO ASA - a Norwegian Exploration & Production company active in the UAE, Oman, Iraq, Yemen, Tunisia and Somaliland.
Mr. Bolurfrushan has also led the Group's 32 angel investments in various startups.
Mr. Bolurfrushan was previously at Goldman Sachs’s internal think tank in New York - the Investment Strategy Group. He advised the firm’s partners, largest institutional and private clients and co-created the patent pending Goldman Sachs Private Equity Index.
Mr. Bolurfrushan was honoured as a Global Shaper on behalf of the World Economic Forum, serves on the board of the Young Presidents Organization's Greater MENA Chapter, was elected on the founding board of the Next Generation of Energy Leaders by the United Nations' World Energy Forum's and awarded the Global Power 30 under 30.
In addition to studies at Cambridge University, Sorbonne and the Cordon Bleu, Mr. Bolurfrushan received a Masters and Bachelor of Science in Technology from Carnegie Mellon and has attained an MBA from the Harvard Business School where he was honored as a McArthur Fellow.
|The Anatomy of Private Equity Investments in the MENA Region|
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