
Majed A. Rahim
Verified Expert in Management Consulting
Management Consulting Expert
Dubai, United Arab Emirates
Toptal member since April 4, 2022
Majed is a former CFO at Commercial Bank of Qatar, Deputy CEO at Housing Bank Jordan, and Global CIO at Arab Bank, with over 25 years of experience across banking, M&A advisory, and corporate restructuring in the GCC and Asia. He has led over 20 M&A and restructuring mandates across eight countries, working with family groups, holding companies, and institutional investors. Today, Majed operates as a fractional CFO, COO, or CIO during periods of transition, restructuring, or growth.
Career Highlights
Education Highlights
Certification Highlights
Case Studies
Expertise
- Consulting
- Corporate Finance
- Cross-border M&A
- Financial Management
- Global Business
- M&A (Buy-side)
- M&A (Sell-side)
- Project Management
Work Experience
Managing Partner
Ennovate FZ LLC
- Completed 20+ M&A, restructuring, and advisory mandates across eight countries for family groups, holding companies, and institutional investors across Saudi Arabia, UAE, Qatar, Oman, Kuwait, Jordan, and Asia.
- Led an 18-month engagement for a diversified family group, 13 entities across construction, trading, engineering, and services. Delivered entity-level valuations, a gate-based restructuring framework, and an executable turnaround roadmap.
- Acted as a fractional CFO and COO during client transitions, embedded 2-3 days per week alongside the ownership team. Financial restructuring, portfolio diagnostics, business valuation, deal advisory, and governance.
- Clients range from $50 million family businesses to $2+ billion diversified holding groups. Sectors include banking, insurance, healthcare, construction, FMCG, and industrials. customer sites.
Group Chief Executive Officer
Private Holding Company
- Appointed by the board to lead an enterprise-wide turnaround of a diversified family holding group with operations in KSA, UAE, Egypt, and Sudan. 2,000+ staff across multiple industries.
- Led debt restructuring with regional banks to improve working capital, unlock expansion financing, and stabilize the group's capital position.
- Consolidated fragmented operations under a unified strategy, optimized cash flow, and divested non-core subsidiaries. EBITDA improved significantly within the first year.
- Drove pre-IPO readiness while positioning a high-potential executive as successor for the permanent CEO role.
Senior General Manager
Ali Bin Ali Technology Solutions (ABATS)
- Restructured a four-company cluster in technology, outsourcing, and distribution under the Ali Bin Ali Group, one of the largest family conglomerates in Qatar.
- Revived key public sector contracts, including a $40 million government project, delivered ahead of schedule with 120% scope expansion.
- Built a 3-year transformation plan covering strategic divestitures, new market entry, and leadership overhaul. Achieved financial breakeven within 12 months and doubled net profit by year two.
- Managed relationships with government clients, technology vendors, and group leadership. Positioned the cluster for long-term profitability after years of losses.
Chief Investment Officer
Private Holding Company
- Led investment strategy and capital deployment across diverse sectors, including real estate, hospitality, manufacturing, and trading. Managed a portfolio spanning GCC, China, Malaysia, Singapore, and Indonesia.
- Originated, structured, and executed joint ventures across five countries to expand geographic reach and diversify revenue sources. Managed the full investment lifecycle from deal sourcing through due diligence, negotiation, and board approval.
- Secured financing for strategic investments from regional banks and institutional lenders. Structured debt and equity packages to optimize capital deployment and manage risk across the portfolio.
- Reported directly to the Chairman and presented investment cases to the board. Managed relationships with banking partners, co-investors, and JV partners across multiple jurisdictions.
Deputy CEO
Housing Bank for Trade and Finance HBTF
- Oversaw banking operations across Jordan, the West Bank, Syria, Algeria, and Bahrain. Brought cross-border operations under a single strategy.
- Rebuilt the International Banking Division and revamped the Investment Banking platform to strengthen operational efficiency, regulatory compliance, and position the bank for international M&A opportunities.
- Led an application with the UK Financial Services Authority (FSA) to enter the UK market. Oversaw the transformation of investment and private banking, and recruited a new leader to manage the division.
- Selected and implemented a new core banking system. Led vendor selection, managed the project team, and launched a full bank rebranding.
CFO and Head of Strategy | Acting DCEO
Commercial Bank of Qatar
- Established the bank's 1st corporate strategy office and led enterprise support, finance, and strategic planning functions across all divisions i,ncluding Islamic banking, private banking, and investment banking.
- Launched a rating exercise with Fitch and Moody's and floated the first EMTN Eurobond in Qatar. Originated and managed the first bank-led IPO.
- Built a strategy implementation division, created and syndicated a Balanced Scorecard across the organization, and integrated centralized reporting and monitoring across investment, treasury, and finance.
- Assumed interim responsibilities for finance, bank operations, Islamic banking, and overseas operations. Recruited and onboarded new division leaders.
- Completed market entry studies in three new countries and drove Oman National Bank's post-acquisition integration.
Global Chief Information Officer
Arab Bank PLC
- Led global IT strategy across a network spanning Europe, MENA, and Asia, managing a team of 400+ professionals in systems consolidation, security, and innovation.
- Consolidated the entire technology organization from 29 locations into three regional centers in the UK, UAE, and Jordan, with full recovery centers. Negotiated with and secured approvals from regulators in multiple jurisdictions.
- Managed transfer pricing, global HR policies, and cost reduction across the consolidated operation. Reduced spending while improving service delivery and compliance.
- Direct involvement with the Australian subsidiary, Singapore branch, and banking and investment operations across Asia.
- Led special assignments including closing unprofitable territories, exiting non-core regions, and negotiating with regulators, rating agencies, and labor unions across multiple countries.
Consulting Director
Arthur Andersen
- Delivered M&A, business process reengineering, and shared services engagements for Fortune 500 companies across the US, Europe, and Asia.
- Served as interim COO and CFO for dot-com startups during the late 1990s, managing operations, financial planning, and investor reporting.
- Seconded to the UK and Dubai offices for complex cross-border projects. Relocated to Kuwait to establish and build the firm's business consulting practice in the region.
- Worked with clients such as Tetra Pak, Alfa Laval, Cummins, Polaroid, Cable & Wireless, Dubai Ports Authority, EMAAR, Kuwait Airways, and more.
- Built and managed client relationships across financial services, insurance, manufacturing, and technology sectors.
Program Manager
State Farm Insurance Companies
- Managed technology deployment and financial systems projects across the US and Canada for one of the largest insurance companies in North America.
- Led a task force to renegotiate all telecom contracts for the entire group over nine months, valued at over $250 million.
- Progressed from the investment group to the field technology team, deploying workstations to all finance teams across the US and Canada as part of a 100+ person resource team.
Education
Master of Business Administration (MBA) in Corporate Finance
Illinois State University - Normal, IL, USA
Bachelor's Degree in Finance
Yarmouk University - Irbid, Jordan
Certifications
Advanced Excel
Udemy
Business Valuation Modeling
Corporate Finance Institute
Skills
Finance
Cross-border M&A, Financial Management, Valuation, Financial Modeling, Fundraising, Islamic Banking, Corporate Finance, M&A (Buy-side), M&A (Sell-side), Mergers & Acquisitions (M&A), DCF Valuation, Debt Structuring, Due Diligence, Market Research, Pricing Strategy, Debt, Debt Raises, Forecasting, Revenue & Expense Projections, Total Addressable Market (TAM), Cash Flow Modeling, Financial Reporting, Three-statement Modeling, Funding Strategy, Corporate Treasury, Private Equity
Output Software
Microsoft PowerPoint
Industry Expertise
Early-stage Startups
Data & Analysis Software
Oracle ERP
Other
Microsoft Office, Zoom, Microsoft Teams, Global Banking, CX Strategy, Technology Consulting, Balance Scores, Senior Executive Recruiting, Board of Directors, Pitch Decks, Project Management, Family Office, Investment Manager, Global Business, Consulting, Shared Services, DCF Modeling, Program Coordination, Operations, IT Operations Management (ITOM), Strategy, Business Technology, Projects, Corporate Rationalizations, Divestiture Planning, Discovery, Business Design, Training, Change Management, Organizational Change Management (OCM), Human Resources Management, Enterprise Software, Management Consulting, Business Strategy, Business Planning, Business Plan Consulting, Fundraising Strategy, Pitch Deck Consultant, Early-stage Funding, Startups, Business Models, Idea Validation, Staffing, Business Operations, Business Cases, Company Strategy, Business Consulting, Excel 365, Growth Strategy, Investor Presentations, Storytelling, Fractional CFO, Exit Strategy, Slack, Fintech, Modeling, Consumer Banking, Investments, Credit Ratings, IRR, Process Transformation, Marketing Strategy, Board Presentations, Pivot Tables, Tech Sales, Facilities Management, Human Resources (HR), Finance, Bonds, Financial Transformation, Investment Strategy, Joint Venture Development, Portfolios, P&L Management, P&L Responsibility, People Management, Sales, Business Validation, Portfolio Analytics, IPO Readiness, Corporate Turnaround, Strategic Planning, Deal Structuring, Investor Relations, Board Advisory, Market Basket Analysis, SAP EMP, Product Design
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