Azmi Mikati

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Azmi T. Mikati
Born
Azmi Taha Mikati

(1972-09-21) 21 September 1972 (age 49)
Tripoli, Lebanon
NationalityLebanese
EducationColumbia University
TitleCEO, M1 Group
Parent(s)
RelativesNajib Mikati (uncle)

Azmi T. Mikati (born 21 September 1972) is a Lebanese businessman. He is the CEO of M1 Group, a company founded by his father and uncle.[1]

Early life[]

He is the son of Taha Mikati, brother to Najib Mikati, former Prime Minister of Lebanon, both billionaires.[2] Mikati studied at Columbia University, New York, graduating in 1994 with a Bachelor of Sciences from the Fu Foundation School of Engineering and Applied Science.[3]

Career[]

Mikati founded T-One, a US based telecommunications company specialising in international services in 1994, whilst studying engineering at Columbia University. T-One was sold to a publicly traded US company in 1997. In 1998, he was appointed CEO of emerging market mobile phone company, Investcom.[3]

Investcom, founded in 1982, was a Middle Eastern mobile telecommunications network provider. Under Mikati's leadership, the company's sales grew from $30 million to close to $1 billion.[1] In 2005, Investcom was added to the Dubai International Financial Exchange and the London Stock Exchange (LSE) in what was known to be the largest listing of a Middle Eastern company on the LSE, making Mikati the youngest CEO of a publicly traded Middle Eastern company at the time.[3] The following year, Investcom was bought by the leading African mobile operator MTN for $5.5 billion.[4] Mikati was appointed Non-Executive Director of the MTN Group in July 2006.

Mikati is CEO of the M1 Group, a family investment holding company that was founded by former Lebanese Prime Minister Najib Mikati and his brother Taha. In addition to holding a 10% stake in the South Africa-based telecommunications company MTN, M1 Group is invested in various sectors and geographies such as real estate, aviation, cement, fashion, retail, energy and banking.[5]

References[]

  1. ^ a b "HugeDomains.com - techleb.com is for sale (techleb)". www.hugedomains.com. Cite uses generic title (help)
  2. ^ "Mikati Family". lebanon.mom-rsf.org.
  3. ^ a b c "Azmi Mikati '94". Archived from the original on 1 March 2016. Retrieved 8 March 2016.
  4. ^ "MTN Buys Investcom in a $5.5bn Deal".
  5. ^ "Azmi Mikati CEO M1 Group". Bloomberg.com.
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