Press releases

Fakhruddin Holdings contributes to the EuroFinance conference on trade, treasury and cash management in the Middle East

Fakhruddin Holding, a leading conglomerate in the Middle East, contributed to the reputable EuroFinance conference which took place at the Shangri-La Hotel during 13-14 March 2012. EuroFinance’s 10^th conference for the Middle East is always regarded as one of the key events for financial and business professionals providing an insight and intellectual capital to understand the complexities of adapting to risk in a global volatile marketplace.

Jaideep Singh, Chief Financial Officer, for Fakhruddin Holdings has been a regular participant at EuroFinance for several years and his insight in dealing with financial matters has been an inspiration to others. Commenting on crisis management and the challenge of managing volatility, Jaideep was joined on the esteemed panel with representatives from Maji Al-Futtaim and ZonesCorp.

Jaideep commented;

“Managing risk has become an integral part of an organization’s culture. At Fakhruddin Holdings, we have implemented a series of steps that will ensure the commercial viability and sustainability of the organization. Firstly, we took the major step of recruiting a senior level management team that would focus on the strategic direction of the organization looking at performance and sustainability. Secondly, we have ensured that we have a diverse portfolio of businesses that ensures that we achieve risk reduction to safeguard against market downturns. Thirdly, we ensure that expansion and investment is undertaken through internal financing only. We avoid the need to use third party partners. These factors have been significant in the continued development of Fakhruddin Holdings”