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Javed Hussain

Profile picture of Javed Hussain

Javed Hussain

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Name

Javed Hussain

Your Country

United Arab Emirates

Company

The Global CIO Office

Position

Adviser

Gender

Male

Core Industries

Alternative Investments, Corporate and CSP, Family Office, Financial Institutions, Private Equity, Risk Management

Experience

C-level Executive (ex CEO) specialising in proactive risk management and making businesses ‘fit for purpose’. c30 years’ experience in ‘blue-chip’ institutions.
Integrated risk management: capital preservation and value creation (for all industry sectors)
Corporate governance: constructive challenge; spotting gaps in control frameworks; identifying when things are not what they seem; lowering risk profiles (e.g. for bank lender comfort)
Revenue maximisation: identifying where and how to increase revenues (‘connecting-the-dots’ in large companies) and bringing ideas from different disciplines to see and execute new business potential’

Board positions:

Adviser, the Global CIO Office

Let's Talk.

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NEDs and Economic Substance (“ESR”)

Pursuant to ESR, certain companies deploying a “relevant activity” have to demonstrate that they have effective substance in their jurisdiction by satisfying a so-called “economic substance test”. ESR is in force in the UAE since 30th April 2019.

A company meets the test if it is directed and managed in the UAE and has adequate people, premises and expenditure in the country.

In this context, the composition and competence of the board of directors – composed of both executive director(s) and NED/s –, and the proper recording of minutes of all board meetings are key factors when assessing whether a company is compliant or not.

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