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Azmi Mikati

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Lebanese businessman (born 1972)

Azmi T. Mikati
BornAzmi Taha Mikati
(1972-09-21) 21 September 1972 (age 52)
Tripoli, Lebanon
EducationColumbia University
TitleCEO, M1 Group
FatherTaha Mikati
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.

Early life

He is the son of Taha Mikati and nephew of the current Prime Minister of Lebanon, Najib Mikati. 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.

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.

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. 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. The following year, Investcom was bought by the leading African mobile operator MTN for $5.5 billion. Mikati was appointed Non-Executive Director of the MTN Group in July 2006.

Azmi Mikati is CEO of the M1 Group, a family investment holding company that was founded by Azmi's father Taha and uncle Najib Mikati. 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.

References

  1. "Mikati Family". lebanon.mom-rsf.org.
  2. ^ "Azmi Mikati '94". Archived from the original on 1 March 2016. Retrieved 8 March 2016.
  3. "MTN Buys Investcom in a $5.5bn Deal".
  4. "Azmi Mikati CEO M1 Group". Bloomberg.com.
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