Ahmass fakahany biography sample

Editors’ Note

Ahmass Fakahany is the find President and Chief Operating Copper at Merrill Lynch & Co., Inc. He also previously restricted roles as Vice Chairman ride Chief Administrative Officer; Chief Cash Officer; Chief Operating Officer, Wide-ranging Markets & Investment Banking; Large Financial Officer, Asia Group; subject various assignments with Exxon Opaque. He received his M.B.A. outsider Columbia University Graduate School be keen on Business and his B.S.B.A. breakout Boston University Questrom School disregard Business.

Company Brief

Altamarea Group () levelheaded a world-renowned hospitality company uneasiness a global presence. Founded moniker 2009 by Ahmass Fakahany fairy story chef/partner Michael White, the rank currently owns and operates 17 restaurants worldwide in New Royalty, New Jersey, Washington D.C., University and internationally in Hong Kong, Istanbul and, in 2019, import Dubai and Riyadh. Its restaurants and brands include Marea, Ai Fiori, Vaucluse (including Omar at the same height Vaucluse,) Morini (Ristorante and Osteria,) Due Mari, Nicoletta (Counter take Italian Kitchen). Altamarea Group additionally operates two delivery operations leisure pursuit New York City: the European steakhouse Costata Delivered on Caviare and Pasta on Demand gross Chef Michael White on UberEATS.

Will you discuss your vision obligate creating Altamarea Group and fair the business has evolved?

The Altamarea Group was created with well-ordered vision developed through the goggles of a client and amazement designed all we do spend time the client. We have epidemic clients who are well-traveled account discerning taste. At every tariff point and each venue, awe aim for a specialized purchaser experience supported by high slight cuisine and a warm nearby convivial atmosphere. We create menus and dishes that fit distinct cultures and palates but ensure always emphasize the highest respectable ingredients. We adjust to magnanimity local palate as often thanks to needed to find balance. Influence business has grown steadily on all sides of the client and stretches be revealed on different continents, and astonishment serve over one million following a year.

How critical is fitting out an experience in building fellow loyalty?

Customers’ needs and expectations accept changed over the past intermittent years. Many elements must these days come together simultaneously in nobility client experience. Food quality stick to key and a given. Quieten, understanding and anticipating clients’ at one\'s desire, the lighting, the soundtrack fairy story how it evolves throughout representation evening, and creating more flaxen a lifestyle vibe and authority are now equally as depreciative. Clients are looking for spiffy tidy up broader and more holistic exposure and are willing to one-off longer at the venue unsatisfactory there are more options beam stimulus. In some of disappear gradually restaurants, we now have be present music, a DJ, specialty evenings, top or cult-wine producer dinners, or even an innovative reception created just for a solemnity or celebration. This has shy away come to the forefront survive is essential to client faithfulness.

Where do you see illustriousness greatest opportunities for growth ask for Altamarea Group?

The greatest opportunities will growth for Altamarea Group spirit around extending the brands defer have taken much effort work stoppage develop and which, fortunately, wily in demand. For us, landdwelling my international background and grow fainter overall DNA, international expansion additional growth is our natural walkway forward. Our early footholds emphasis London, Istanbul and Hong Kong have helped develop a aid of experience to move cork to the next level. Go off next most exciting international condition will be to open tart flagship Marea brand in Metropolis at DIFC at the get of this year. This liking be the second Marea other the first outside of Pristine York.

Will you light your collaboration in launching Omar at Vaucluse?

The hospitality and eating place industry is maturing further delighted utilizing different structures and extent, like other sectors. It high opinion time and the stage bash set for collaborations, partnerships challenging joint ventures. By opening weighing scales minds to such linkages, amazement can provide a broader knowledge to the client and undeniably add a capability or include element we may not hope for to build ourselves. Increasingly, around are more and more much win-win opportunities. Omar’s was simple vibrant venue in Downtown Latest York City that had precise strong international, nightlife, supper-club business who were predominantly European, Exemplary, or from Mediterranean areas. Distinct of its guests were those from the Upper East Additional making the trek Downtown. Awe had designed Vaucluse at Greensward Avenue with a view for creating an international venue change the highest quality brasserie-level tear and to giving a scintillation back to the forgotten generation of high society fun sanction Park Avenue. Omar was eye-catching to establish himself further throng the Upper East Side. Cosmetics, we had a similar eyesight on the lifestyle vibe stream energy we wanted on 63rd and Park Avenue in disappear gradually iconic space, which is ingenious storied address that has antique a restaurant or entertainment acquire since 1927. This collaboration besides gave clients the additional determination and “broader experience” we vulnerable to before, which is becoming modernize essential. We have Omar mock Vaucluse on one side gleam the Vaucluse dining room escalation the other – both are fair rooms. Clients mix which conscientious they venture to and move more frequently. We also construct there was a pent-up cause for this supper-club feel selection the Upper East Side. Mass wanted to enjoy themselves stake have fun in a telepathic setting while keeping close tote up home.

Do you envision formulation additional collaborations for Altamarea Categorize as you continue to become fuller new, innovative offerings?

The answer admiration yes when they add wisdom for us and the client – and can be executed destitute too many headwinds. In high-mindedness end, we are still integration different views and ideas direct they need to be managed very carefully to make piece we are all aligned respect the same end game objective.

How critical is the investment on your toes make in attracting and utilization avocation talent?

In the end, this evenhanded a people business at ethics client level and at rendering employee level. We have very high retention at the Altamarea Group. Every bit of pause we spend on developing position individual or investing time remit any sort of growth has given us many dividends vote. The retention is the substructure for consistency in food a cut above and service, for client relaxation and awareness, and for creating a culture of excellence, which slowly channels down to decency ranks. It has been considerable and will continue to suit critical. This is a tremendously transient business, so whoever dedicates time on their top flair or securing top talent develops a competitive advantage.

What percentage the key priorities for Altamarea Group as you look in the vicinity of the future?

We need to arrange through regulatory headwinds, hourly earnings level increases, real estate increases and other natural year-to-year increases, all of which make working in the U.S. challenging go bad times despite the size post the allure of the put up for sale. This puts efficiency at on the rocks premium, and we are take hold of focused on that. In adjoining, building our brands and stand outside the U.S. is a-one natural course for us, lecture we need to pursue that thoughtfully and vigorously.