Daniele Vecchi
Senior Vice President, Head of Group Treasury
Majid Al Futtaim Group, UAE
- Industry:
- Real estate / retail
- Annual turnover:
- €3.8bn
- Treasury staff:
- 8 plus 1 assistant
- Treasury structure:
- Fully centralised
- TMS:
- Yes, Quantum (Sungard)
- Cross-border pooling:
- Yes
- Cash rich or debt:
- Debt
Speaker profile
Daniele Vecchi started his career at Nestlé where he worked until 2002 in various treasury departments in Italy, US and Switzerland. From 2002 until 2007 he worked for Panalpina as Group Treasurer and Head of Investor Relations. In 2007, he Majid Al Futtaim Group to run the Group Treasury.
Corporate profile
Majid Al Futtaim Group is a Dubai based leading developer and operator of shopping malls and hypermarkets in the MENA region. With about 19,000 employees,10 shopping malls, 10 hotels, 40 hypermarkets and a growing number of supermarkets the Group’s portfolio includes iconic and award-winning assets like Mall of the Emirates and Deira City Center. A privately owned company, Majid Al Futtaim Group has a presence in 11 countries and an annual footfall in it's malls in excess of 110 million in 2009. The Group was founded in 1995.














