Al-Futtaim Executive and Leadership Team

October, 2026

Leadership Overview

Al-Futtaim has 10 executives leading key functions including automotive distribution, financial services, retail operations, and corporate finance.

Driven by a commitment to excellence across diverse sectors, Al-Futtaim delivers comprehensive market solutions through strategic investment, supply chain management, and high-value consumer services across global markets.

Leadership Roles at Al-Futtaim

  • Al-Futtaim Acting Chief Executive Officer (Pakistan) - Waqar Wajid
  • Chief Financial Officer - Ayesha Shoaib
  • General Manager (Finance) & Chief Financial Officer, Listed Entity - Malik Ikram
  • Division Chief Financial Officer, Automotive - Dmitrii Bogatyrev
  • Chief Financial Officer & Manager, Finance ) - Athar Munir
  • President, Retail - Wassim Arabi
  • President, Retail - Paul Delaoutre
  • Chief Revenue Officer & Conversion Rate Optimization Specialist - Reem Hummeida
  • Chief Risk Officer & Division Chief Revenue Officer, Financial Services - Raza Kakar
  • Chief Communications Officer - Benjamin Schroeder
  • Waqar Wajid - Al-Futtaim Acting Chief Executive Officer (Pakistan)

    Waqar Wajid, the Al-Futtaim Acting Chief Executive Officer (Pakistan) at Al-Futtaim, directs all regional automotive distribution and commercial vehicle sales initiatives. Overseeing the expansion of passenger vehicle portfolios, the Acting Chief Executive Officer (Pakistan) ensures alignment with corporate growth targets across the South Asian market. This leadership role involves managing complex supply chain logistics and optimizing local dealership performance to maintain market dominance. By integrating advanced automotive finance solutions into the regional sales model, Waqar Wajid directly impacts the profitability of the conglomerate. Furthermore, Wajid coordinates with the Dubai headquarters to implement standardized operational protocols, ensuring that the Pakistani division maintains the high service quality synonymous with the broader group. Through rigorous oversight of vehicle inventory and customer service standards, Wajid secures long-term competitive advantages in a rapidly evolving automotive landscape.

    Ayesha Shoaib - Chief Financial Officer

    Ayesha Shoaib, the Chief Financial Officer at Al-Futtaim, directs the overarching fiscal strategy and capital allocation for the entire conglomerate. Overseeing global financial reporting and treasury operations, the Chief Financial Officer ensures the integrity of all investment banking and insurance service portfolios. This leadership role involves managing complex risk assessments and maintaining liquidity across diverse business units, from automotive manufacturing to retail. By optimizing the capital structure, Ayesha Shoaib directly impacts the long-term financial stability and growth trajectory of the organization. Shoaib collaborates with the Board to evaluate high-stakes investment opportunities, ensuring that every financial decision aligns with the group's commitment to sustainable value creation. Through the implementation of robust financial controls and transparent reporting mechanisms, Shoaib maintains the fiscal health required to support the expansive operational footprint of the company across international markets.
    Ayesha Shoaib

    Malik Ikram - General Manager (Finance) & Chief Financial Officer, Listed Entity

    Malik Ikram, the General Manager (Finance) & Chief Financial Officer, Listed Entity at Al-Futtaim, directs the financial governance and regulatory compliance for the group's publicly traded assets. Overseeing the audit processes and shareholder reporting, the General Manager (Finance) & Chief Financial Officer, Listed Entity ensures strict adherence to international financial standards. This leadership role involves managing investor relations and providing transparent insights into the performance of listed business units. By streamlining financial reporting cycles, Malik Ikram directly impacts the market confidence and valuation of the entity. Ikram coordinates with external auditors and internal stakeholders to maintain rigorous fiscal discipline, ensuring that all financial disclosures reflect the operational reality of the business. Through the meticulous management of public financial obligations, Ikram supports the strategic objectives of the group while upholding the highest standards of corporate accountability and transparency.

    Dmitrii Bogatyrev - Division Chief Financial Officer, Automotive

    Dmitrii Bogatyrev, the Division Chief Financial Officer, Automotive at Al-Futtaim, directs the financial planning and operational budgeting for the automotive division. Overseeing the cost structures of vehicle distribution, parts manufacturing, and body shop operations, the Division Chief Financial Officer, Automotive ensures that each business unit achieves maximum operational efficiency. This leadership role involves analyzing market trends to forecast demand and optimize inventory investment across the regional network. By implementing lean financial practices, Dmitrii Bogatyrev directly impacts the margins of the automotive business. Bogatyrev collaborates with supply chain managers to negotiate vendor contracts and reduce overhead, ensuring that the division remains competitive in a price-sensitive market. Through the rigorous monitoring of capital expenditures and operational costs, Bogatyrev supports the long-term sustainability of the automotive portfolio, ensuring that the group maintains its status as a leader in vehicle sales and service.

    Athar Munir - Chief Financial Officer & Manager, Finance )

    Athar Munir, the Chief Financial Officer & Manager, Finance ) at Al-Futtaim, directs the day-to-day financial operations and accounting functions for the group's core business units. Overseeing the cash flow management and payroll systems, the Chief Financial Officer & Manager, Finance ) ensures that all operational departments have the necessary resources to function effectively. This leadership role involves managing the internal audit process and ensuring that all financial transactions comply with corporate policy. By optimizing the accounts payable and receivable cycles, Athar Munir directly impacts the working capital efficiency of the organization. Munir collaborates with department heads to provide accurate financial data, enabling informed decision-making across the company. Through the meticulous oversight of daily financial activities, Munir maintains the operational fluidity required to support the diverse and complex business model of the conglomerate, ensuring that all financial obligations are met with precision.

    Wassim Arabi - President, Retail

    Wassim Arabi, the President, Retail at Al-Futtaim, directs the expansion and operational excellence of the retail division. Overseeing the management of diverse retail outlets and consumer-facing brands, the President, Retail ensures that the customer experience remains consistent with the group's high standards. This leadership role involves identifying new market opportunities and optimizing the product mix to meet evolving consumer demands. By driving the growth of the retail footprint, Wassim Arabi directly impacts the revenue diversification of the conglomerate. Arabi collaborates with the supply chain and marketing teams to ensure that inventory levels and promotional activities are perfectly synchronized. Through the implementation of innovative retail technologies and customer loyalty programs, Arabi secures a competitive edge in the crowded retail landscape, ensuring that the division continues to deliver significant value to the group's overall portfolio.

    Paul Delaoutre - President, Retail

    Paul Delaoutre, the President, Retail at Al-Futtaim, directs the strategic development and merchandising excellence of the retail division. Overseeing the curation of global brand partnerships and the management of high-end retail environments, the President, Retail ensures that the company maintains its status as a premier destination for consumers. This leadership role involves analyzing global fashion and consumer trends to inform the procurement strategy and store layout designs. By elevating the brand portfolio and enhancing the in-store experience, Paul Delaoutre directly impacts the customer engagement and sales performance of the retail arm. Delaoutre collaborates with international partners to secure exclusive distribution rights, ensuring that the group offers unique value to its customer base. Through the meticulous management of retail operations and brand positioning, Delaoutre drives the growth of the retail sector, reinforcing the company's reputation for quality and innovation.
    Paul Delaoutre

    Reem Hummeida - Chief Revenue Officer & Conversion Rate Optimization Specialist

    Reem Hummeida, the Chief Revenue Officer & Conversion Rate Optimization Specialist at Al-Futtaim, directs the digital transformation of revenue streams across the retail and automotive sectors. Overseeing the integration of data-driven conversion strategies, the Chief Revenue Officer & Conversion Rate Optimization Specialist ensures that customer acquisition costs remain optimized while maximizing lifetime value. This leadership role involves architecting sophisticated sales funnels that bridge the gap between physical showrooms and digital platforms. By leveraging advanced analytics to refine the consumer journey, Reem Hummeida directly impacts the top-line growth of the group. Hummeida collaborates with marketing and operations teams to synchronize promotional efforts with inventory availability, ensuring seamless service delivery. Through the continuous refinement of digital touchpoints, Hummeida drives the modernization of the company's commercial approach, securing a dominant position in the competitive retail and automotive markets.

    Raza Kakar - Chief Risk Officer & Division Chief Revenue Officer, Financial Services

    Raza Kakar, the Chief Risk Officer & Division Chief Revenue Officer, Financial Services at Al-Futtaim, directs the risk mitigation frameworks and revenue generation strategies within the financial services division. Overseeing the credit assessment processes and insurance brokerage operations, the Chief Risk Officer & Division Chief Revenue Officer, Financial Services ensures that the company maintains a balanced portfolio of high-yield investments. This leadership role involves identifying potential market volatility and implementing hedging strategies to protect the group's assets. By aligning risk appetite with aggressive revenue targets, Raza Kakar directly impacts the profitability of the financial services arm. Kakar collaborates with the investment banking team to evaluate the viability of new financial products, ensuring that all offerings meet stringent regulatory requirements. Through the proactive management of financial exposure, Kakar secures the stability of the division while driving consistent growth in the competitive financial services sector.

    Benjamin Schroeder - Chief Communications Officer

    Benjamin Schroeder, the Chief Communications Officer at Al-Futtaim, directs the global brand strategy and corporate messaging for the conglomerate. Overseeing the public relations and internal communications teams, the Chief Communications Officer ensures that the group's reputation remains strong across all international markets. This leadership role involves managing crisis communications and shaping the narrative around the company's diverse portfolio, including automotive, retail, and financial services. By crafting compelling stories that highlight the group's commitment to innovation and service, Benjamin Schroeder directly impacts the brand equity and market perception of the organization. Schroeder collaborates with the executive leadership team to ensure that all external communications align with the overarching corporate mission. Through the strategic deployment of media campaigns and stakeholder engagement initiatives, Schroeder secures the company's position as a trusted partner and industry leader in the global marketplace.

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    Frequently Asked Questions Regarding Al-Futtaim Top Executives and Leadership Team

    Who leads Al-Futtaim?
    Al-Futtaim is led by Waqar Wajid (Al-Futtaim Acting Chief Executive Officer (Pakistan)), along with executives such as Ayesha Shoaib (Chief Financial Officer) and Malik Ikram (General Manager (Finance) & Chief Financial Officer, Listed Entity).
    Who is part of Al-Futtaim’s executive team?
    The executive team of Al-Futtaim includes leaders such as Waqar Wajid (Al-Futtaim Acting Chief Executive Officer (Pakistan)), Ayesha Shoaib (Chief Financial Officer), Malik Ikram (General Manager (Finance) & Chief Financial Officer, Listed Entity) and other senior executives.
    How many executives does Al-Futtaim have?
    Al-Futtaim has 10 executives leading key business areas.
    What roles are included in Al-Futtaim’s leadership team?
    The leadership team of Al-Futtaim includes roles such as Al-Futtaim Acting Chief Executive Officer (Pakistan), Chief Financial Officer, General Manager (Finance) & Chief Financial Officer, Listed Entity, Division Chief Financial Officer, Automotive, Chief Financial Officer & Manager, Finance ).