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Badr Jafar/ President, Crescent Petroleum
President, Crescent Petroleum
"A problem shared is a problem halved. Applying this idiom to our global challenges today would provide a wealth of opportunities for greater progress in achieving our goals.” Mr. Jafar is President of Crescent Petroleum, the region’s first independent and privately-owned petroleum company in the Middle East and Chief Executive Officer of Crescent Enterprises, a diversified global businesses across six industry sectors.
He is Managing Director of Crescent Group, which has been operating from the UAE as a family business group since 1972 and is the parent company of Crescent Enterprises and Crescent Petroleum. Mr. Jafar is Chairman of Gas Cities LLC, a joint venture between Crescent Petroleum and Dana Gas PJSC and Chairman of Pearl Petroleum, a partnership between Crescent Petroleum, Dana Gas, OMV of Austria, MOL of Hungary and RWEST of Germany. Additionally, Mr. Jafar is active in a variety of other industries, including ports and logistics, serving as Chair of the Executive Board for Gulftainer (the world’s largest private container port operator). He also plays an active role in private equity ventures, serving as a board member of GrowthGate Capital (Bahrain).
Mr. Jafar is an active member of the Young President's Organisation, serving as Ex-Officio of the YPO Emirates Chapter. He was honoured as a Young Global Leader by the World Economic Forum in 2011 and is Co-chair of their Family Business Community and is a member of the Stewardship Board of the System Initiative on Economic Progress. In 2010, Mr. Jafar co-founded Pearl Initiative, a non-profit venture in cooperation with the United Nations Office for Partnerships to promote a corporate culture of transparency and accountability across the Gulf Region of the Middle East. As part of his efforts advocating social entrepreneurship, Badr is Chairman of Endeavor UAE; an initiative encouraging high-impact entrepreneurship, is a member of the Synergos Arab World Social Innovators (AWSI) Program Board of Governors and serves on the Board of Advisors for the Sharjah Entrepreneurship Centre (Sheraa) and Gaza Sky Geeks. He is a member of the Advisory Boards of the American University of Sharjah, Cambridge University Judge Business School and American University of Beirut.
You can connect with Badr Jafar on twitter @BadrJafar and online at badrjafar.com