Who We Are

The Chairman of IHI. He founded and heads the Corinthia Group, IHI’s principal shareholder. The Corinthia Group is a leading international hotel developer, investor and operator, with interests in several countries.

President and CEO of Dubai Chamber of Commerce and Industry and serves as the Deputy Chairman of the World Chambers Federation – ICC - in Paris. He is a member of the Board of Directors of the UAE Central Bank, Chairman of National General Insurance and Board Member of Union Properties.

Mr Atiq Ali is the General Manager of Libyan Foreign Investment Company (LAFICO) since 13 June 2021. He has previously occupied the post of Manager Director of Libya Africa Investment Portfolio (LAIP). He also occupied the position of Legal Consultant at the Libyan Investment Authority (LIA).

Founder director and member of the main board of Corinthia Palace Hotel Company Limited (CPHCL) as from 1962, and has served on a number of boards of subsidiary companies. From 2000 to 2014 he has served as Chairman of the Monitoring Committee of CPHCL and IHI.

Richard Cachia Caruana joined the Board of IHI in 2022 as an independent director. He is also Chairperson of the IHI Audit Committee and the IHI Remuneration and Nominations Committee.   He has occupied senior positions within the Maltese government and the European Union. In particular, he was Malta’s Chief Negotiator for its EU accession negotiations, a long-serving Chief of Staff to the Maltese Prime Minister and Member of the EU’s Committee of Permanent Representatives. He is a former Senior Consultant with KPMG Malta, and a former main Board Director of the Central Bank of Malta, Air Malta p.l.c. and the Malta Development Corporation. Mr Cachia Caruana holds a Master’s Degree from the University of Malta and is a Fellow of both the UK’s Chartered Institute of Marketing and the Royal Society for Arts, Manufactures and Commerce.

Joined the Board of IHI in 2005, having previously been the General Manager of Bank of Valletta p.l.c., besides serving on the boards of directors of several major financial, banking and insurance institutions.

Chief Operating Officer of the Investment Corporation of Dubai (ICD). Prior to joining ICD, Mr Zaghouani was with Xerox for more than 25 years. During his career he held a number of senior general management, sales and marketing roles in both Europe and North America.

Mr Mohamed Mahmoud Shawsh is currently the Chief Investment Officer at LAFICO. Prior to taking up this position in 2021, Mr Shawsh occupied several senior positions within subsidiaries of LAFICO and International Companies including BP Exploration, Libya. He is experienced in digital transformation, financial investments and risk management. Mr Shawsh holds a bachelor’s degree in Accounting and Finance from the National Institute of Business Administration in Tripoli and a high diploma in accounting and finance, from the High Institute of Administrative and Financial Occupations, Tripoli.

Company Secretary, joined IHI in 2018. Mr Schembri is also a Director at Corporate Office and holds several Executive positions within the Group. Before joining IHI, Mr Schembri occupied senior positions within the Maltese public service and the European Union. He served at the Permanent Representation of Malta to the EU before joining the European Union Civil Service in 2012 where he occupied senior management positions within the European Asylum Support Office. While at EASO, he also headed the board secretariat of the agency.

CEO - Operations and Development, joined the Corinthia Group in a senior executive role in 1997 and served as Director on the IHI Board from 2005 to 2015. He has been responsible for business development, particularly hotel and real estate acquisitions and development. Mr Naudi is also the CEO of Corinthia Hotels, IHI’s operating company.