Hussein Rifai
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Hussein Rifai | |
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| Born | March 4, 1960 |
| Nationality | Australian |
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Hussein Hani Rifai (Born 4 March 1960) is an Australian entrepreneur and corporate adviser. He is the Executive Chairman of SPC Global Ltd. and Perpetuity Capital Pty Ltd.[1] He is also the Managing Director of Perma Funds.[2] Rifai was recently named Executive of the Year in Corporate and Financial Advisory Services by Worldwide Branding.
Early Life and Education
Rifai is the son of Hani Rifai, Chief Justice of The Supreme Court, Jordan and Shuhda Masri, daughter of Abdul Raouf Masri, a Palestinian scholar from Nablus, Jordan. He was born in Nablus Jordan[3], as the eldest of three children. In 1965, he moved to Kuwait due to his father's posting as a Judge. He returned to Amman Jordan in 1970, to continue his education, graduating high school from College De La Salle in 1977.
After completing his high school Rifai went to the USA where he completed his BSc in Electrical Engineering at San Jose State University in 1981. In 1995, Rifai completed his MBA at The University of Technology Sydney, Australia. In 1998 he completed his postgraduate certificate in, then new field, Supply Chain management at Stanford University, the first group of coherts to complete the certificate Stanford university.
Career
After completing his undergraduate studies, Rifai returned to Jordan for two years of mandatory military service with The Royal Jordanian Air Force.
Later he worked for Proctor & Gamble as a line manager in Saudi Arabia until he migrated to Australia in 1987 to join Johnson & Johnson Pacific, in the personal product division as the Asia Pacific youngest technology manager. During this period with Johnson & Johnson he was one of the earliest introducer of bar code technology in the FMCG industry in Australia.
He then moved to management consulting with Ernst & Young Consulting (EYC) leading its supply chanin practice. In 1998 he moved to Platinuin, a subsidiary of The Boston Consulting Group, working in the web development industry in the early dot com era.
After the dot com collapse in early 2000, Hussein moved from Sydney, Australia to Dubai where he was employed by the Islamic Development Bank to lead the turnaround of a Sharia compliant private equity technology fund - Injazat Technology Fund and then went on to create another private equity fund in the Health Care Space - Shefa.
After the 2008 GFC Hussein returned to Australia and established a privately owned financial institution – Perpetuity Capital Pty Ltd, which provides advisory services in the fields of investment banking, mergers and acquisitions, property and capital raising, listings on ASX and structuring of organizations.
In 2019, as the majority shareholder, Hussein led a consortium that acquired SPC Ardmona (now SPC Global Ltd) from Coca Cola Amatil (CCA).[4] Now, as Executive Chairman, Hussein led the turnaround of SPC from a business that was losing millions of dollars a year under the ownership of Coca Cola to a profitable business in under 2 years, while managing the effects on the business during the 2020 Global Covid Pandemic. In 2021 SPC, under his leadership was the first Australian Company that mandated covid vaccinations for all employees and contractor's ('no jab no job').[5] This stance made Hussein, SPC and his family targets of the Anti Vax community and the AMWU.[6]
He is currently the Managing Director of Perma Funds and the Executive Chairman of Perpetuity Capital and SPC Global Ltd. He is a member of the Australian Institute of Company of Directors.
Social Contributions
Rifai is a Founding Board Member of the Australian Jordanian Chamber of Commerce.[7]
A founding board member of Centre for Disability Studies (CDS) foundation and a founding sponsor of The Crescent Foundation Refugee Scholarship Program.
He is an advisor to Project Rozana, supporting health care workers and patients in Gaza, Palestine and contributed to several social causes including Act for Peace and World Vision
Personal Life
Rifai has twin children from a previous marriage, Hani Hussein Rifai and Jena Rifai.
In 2016, he married Amanda Jane Glaser and has two stepchildren named Harrison James Mahoney and Maximillian J.P. Mahoney.
References
- ↑ https://www.perpetuity.com.au/
- ↑ https://www.permafunds.com.au/team/hussein-rifai/
- ↑ https://www.britannica.com/place/Nablus
- ↑ https://www.afr.com/companies/manufacturing/coca-cola-amatil-sells-spc-for-40m-20190604-p51u7x
- ↑ https://www.smh.com.au/national/australian-workplaces-set-to-follow-spc-s-move-on-mandatory-jabs-20210805-p58g61.html
- ↑ https://www.dailymail.co.uk/news/article-9882485/Food-company-SPC-lashes-critics-Aussie-firm-demand-staff-jabbed.html
- ↑ https://ajcci.org.au/board-members
External links
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