- Qadat Al Tagheer in partnership with UAE-India Economic Forum honored distinguished business leaders across the UAE.
Abhishek Sharma, CEO of Foundation Holdings, a strategic, global investment firm focused on building sustainable, industry-defining companies in the impactful sectors of healthcare, education and consumer across India and the GCC, has been named the ‘Emerging Indian CEO in the UAE’ at the UAE-India Economic Forum 2017 award ceremony held in Dubai last week.
The corridor between the UAE and India continues to strengthen with trade between the two countries anticipated to hit $100 billion by 2020. The visit of H.H Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, to India earlier this year laid the foundation for more long-term partnerships, which will help the UAE and India meet their shared goal of boosting bilateral trade by 60 percent over the next five years. (Source: Alpen Capital – GCC – India Corridor Report 2017)
The award recognizes Mr. Sharma’s unwavering efforts within the healthcare, education and consumer sectors. Under his leadership, Foundation Holdings has completed two landmark initiatives in the past one year. In February 2017, the firm launched a joint venture with Bloom Holding, aimed at investing over AED 1 Billion to create purpose designed living communities for industry talents in the healthcare, education and services sectors. In September 2017, the firm transacted with Mediclinic Middle East (2nd largest emerging market healthcare provider) to acquire three best in class facilities, as a part of their initiatives to form a new healthcare platform aimed to accelerate value-based healthcare.
Foundation Holdings is now focused on creating the largest value healthcare organization in the UAE with a mission is to provide quality and affordable access to primary healthcare to an under-served segment of the market. This opportunity is geared towards creating a transformational platform for social impact and will touch the lives of 1 million people by 2022. “We are entering a golden age of healthcare across both India and the GCC” says Abhishek Sharma, CEO, Foundation Holdings.
He adds “The UAE-India Economic Forum always does a terrific job of highlighting the bilateral benefits of increased collaboration between the 2 countries. At Foundation Holdings, we are focused on building sustainable industry-defining companies; therefore it was such an honor to be awarded as the Emerging Indian CEO in the UAE alongside industry leaders and business builders such as Dr. BR Shetty, Mr. Kamal Vachani and the Landmark Group. I am always inspired by Sheikh Mohammed bin Rashid when he says“Improving healthcare and education services in the UAE will not stop as they are a priority for the lives of the people, and will receive our utmost attention. Quality and innovation should be cornerstones in healthcare and education systems and we want them to be the top systems globally that will ensure happiness for all” Prior to setting up Foundation Holdings, Mr. Sharma played an integral role in the 2013 Al Noor Hospital transaction on the London Stock Exchange, a flagship transaction in the GCC, which was later voted as the best transaction in the MENA region for 2012-2013.