UAE's Amanat Hires New CEO To Drive Growth Plan

Amanat Holdings, the GCC’s largest healthcare and education investment company, on Tuesday announced the appointment of Tristan de Boysson as its new CEO.

In his new role at Amanat, de Boysson, a former Investcorp senior executive, will set the strategy and direction for Amanat, oversee the company’s ongoing development and delivery on its business commitments and investments in its sectors of focus, a statement said.

He will oversee the next phase of the company’s ambitious growth plans with a focus on expansion in the GCC and beyond as it seeks to become the investment partner of choice in healthcare and education.

Prior to joining Amanat, de Boysson spent 20 years at Investcorp, most recently as the managing director, co-head and a founding member of Investcorp Private Equity MENA where he launched Investcorp’s first Middle East focused fund.

Previously, he was an associate principal at McKinsey & Company where he advised clients on strategy, valuation, organizational and operational improvement issues.

In November, Amanat Holdings recorded a net profit of AED24.3 million for the first nine months of 2018.

The company said that it had invested AED2 billion ($540 million), across three education assets, three healthcare assets and one social infrastructure asset.

Recent majority stakes acquired include 100 percent of Middlesex University Dubai and a 69.36 percent holding in Royal Hospital for Women in Bahrain.

For all the latest banking and finance news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.

Subscribe to Arabian Business' newsletter to receive the latest breaking news and business stories in Dubai,the UAE and the GCC straight to your inbox.

RECENT NEWS

UAE Announces Major New Tax Rules

UAE introduces Cabinet Decision to amend tax rules and attract investment Read more

UAEs Maseera Acquires Egyptian Fintech ADVA

The move marks a critical milestone in Maseera’s regional expansion strategy Read more

Oman Mandates IBAN For Domestic Transfers From July 2025

The move follows the Oman Central Bank's implementation of the IBAN system for international transfers from March 31, 2... Read more

Egypt And Jordan Thank The European Parliament For New Financial Aid

The European Union members recently approved loans worth $4.4 billion in three instalments to Egypt and $555 million to... Read more

Standard Chartereds SC Ventures To Replicate Asia, Africa SME Model In GCC

SC Ventures to bring its successful SME building strategy in India, South East Asia and Africa to GCC, and plans to rol... Read more

UAE Central Bank Revokes Licence Of Dynamics Insurance Brokers For Regulatory Breaches

Dynamics Insurance Brokers "failed to comply with the licensing terms and requirements issued by the Central Bank and w... Read more