About HMS

Backers Profile - Corporate


Numerus Group is the investment vehicle of Fakhry Shanshal and sons. The group’s primary objective is to identify and develop high growth, sustainable business opportunities in Iraq that contribute to the development of the country’s economy. Current operations include food distribution, telecom distribution, power and O & M, logistics and manufacturing. More..>>

Management - ALI MAHMOUD

Mr. Mahmoud, an Iraqi British citizen has over 27 years’ experience in industrial, corporate management and investment banking, including establishing start-ups, business planning, financial modelling and equity research. Previously, he was the Chief Investment Officer at a regional Investment House. He has structured several private equity investment opportunities and participated in their management as a Director and Board Member of many companies and funds. He has also worked on formulating and implementing strategy and strategic change. Mr. Mahmoud has an MBA in Finance from Cranfield School of Management, UK, and a BSc from University of Reading, UK.

Technical Advisor - MARWAN AL-HAMMAR

Mr. Al-Hamar has over 28 years experience of starting up successful business and growing them to National and International standards. His business interest cut across sectors like IT, General Trading, Construction, Real Estate, Retail and Food Retail. These businesses have been started in countries like the USA, Lebanon and the UAE. Mr Al-Hamar is the founder and Chairman of several companies including Gulf Special Maintenance Services which has offices throughout the MENA region, Alhamra Trading Est which services the needs of the military and security, and he is founder of the Subway Franchise in the UAE as the main Development Agent, which currently has a chain of over 125 stores and is growing rapidly. He graduated from American University, USA with a Bachelors degree in Computer Management Information Systems and is a UAE national.