Profile: Abdirashid Duale, CEO
CEO, Dahabshiil Group
Abdirashid Duale has worked for Dahabshiil since his school days, helping his father Mohamed Said Duale develop a small Somali family business into an international firm operating in 126 countries. Today Mr Duale is responsible for Dahabshiil’s global operations.
Mr Duale has established a reputation as an expert in the remittance industry, and has vast experience in all areas of money transfer operations. His business network stretches from Africa to Asia, from Europe to the Middle East, and from the USA to Australia. He was recently named as one of the 50 most influential Africans by the respected publication Africa Report.
Over a period of 20 years, Mr Duale has founded new companies in Africa, Europe, the Middle East and North America. He is involved in community regeneration projects in Africa and elsewhere in the world, in which Dahabshiil invests a substantial amount of its profits each year.
Mr Duale is a regular keynote speaker at international conferences. He has spoken about remittances, telecommunications, emerging markets and development finance at events including those at the London School of Economics, Oxford University and the United Nations. Dahabshiil has featured in local and international media including The Financial Times, the BBC, Al Jazeera, The New York Times, The Economist and The Guardian.
In 2013 Dahabshiil won the Excellence for Enterprise category at the Muslim News Awards in London. The award was presented by the Shadow Chancellor Ed Balls. The Prime Minister David Cameron, the Deputy Prime Minister Nick Clegg, and the Labour leader Ed Milliband all sent congratulatory messages. Dahabshiil in 2010 won the Mayor of Tower Hamlets Award for excellence in the community, and, in 2008, Mr Duale was named Top Manager of the Year by the International Association of Money Transfer Networks.
Mr. Duale also serves on various advisory boards including at the Humanitarian Innovation Project (HIP), a research project based at the Refugee Studies Centre, University of Oxford and the International Association of Money Transfer Networks (IAMTN) which represents Money Transfer Industry/Payment Institutions across the globe.