Haroon has held senior roles as a restructuring banker and as a restructuring advisor to a wide range of stakeholders. His experience also includes working for a major European financial institution’s Special Situations and Distressed Capital department. Mr. Ansary’s focus is on leading financial restructuring and turnaround across the Middle East. Having held senior roles in banking, Mr. Ansary has an excellent understanding of lenders’ needs and expectations in a restructuring situation and adopts a highly commercial and pragmatic approach.
Mr. Ansary played a significant role in the successful financial restructuring of Dubai World one of the world’s largest restructurings involving almost 100 local and international lenders. Mr. Ansary was a key member of the team that led the Coordinating Committee. As a restructuring banker, he has had extensive involvement in several high-profile Government Related Entities and private company restructuring cases in the United Arab Emirates, including Limitless, Dubai Group and Al Jaber.
Mr. Ansary’s banking experience includes working at a global bank where he led and managed the exit of large and complex assets to release capital and strengthen the bank’s balance sheet. Additionally, he advised the lenders on a financial restructuring of a high-profile construction-related business in the Kingdom of Saudi Arabia.
Mr. Ansary restructured the financial indebtedness of medium-sized family-owned shipping businesses in the United Arab Emirates.
Previously, he was a Director in PwC’s restructuring team in the Middle East where he advised a range of stakeholders on financial restructurings, particularly in the Kingdom of Saudi Arabia.
Before that, Mr. Ansary was a Director at The Royal Bank of Scotland plc (RBS), where he led and managed the financial restructuring of bilateral and syndicated deals in London and Dubai. Experience also included exiting difficult assets in RBS’ Capital Resolution division.
Mr. Ansary is a member and fellow of the Chartered Association of Certified Accountants (FCCA). He earned a bachelor’s degree, with honours, in accounting and finance from the Manchester Metropolitan University, U.K.