Azmi Mikati
Azmi T. Mikati (born 21 September 1972 in Tripoli) is a Lebanese businessman. He founded his first company, T-One, whilst studying engineering at Columbia University. In 1998, Mikati became CEO of Investcom. Investcom was floated for $778 million on both the London and Dubai Stock Exchanges. In 2005, Azmi Mikati became the youngest CEO of a publicly traded Middle Eastern company.[1]
Career
Azmi T. 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.[2]
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.[2] The following year, Investcom was bought by the leading African mobile operator MTN for $5.5 billion.[3] Mikati was appointed Non-Executive Director of the MTN Group in July 2006.
Azmi T. 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.[4]
Education
Azmi T. 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.[2]