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Faizal Kottikollon

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Faizal Kottikollon
Born
Faizal Edavalath Kottikollon

(1963-07-06) July 6, 1963 (age 61)
Mahé, India
Occupations
  • Entrepreneur
  • Investor
  • Philanthropist
Title
  • Chairman and Founder, KEF Holdings
  • Chairman of the Board, Meitra Hospital
  • Co-Founder, Faizal and Shabana Foundation
  • Chairman, UAE India Business Council - UAE Chapter
Spouse
Shabana Faizal
​
(m. 1992)​
Children4

Faizal Edavalath Kottikollon (born July 6, 1963) is a United Arab Emirates-based Indian entrepreneur and philanthropist. He is the founder and chairman of KEF Holdings[1] – a diversified company known for establishing technologically integrated enterprises across multiple industries.[2] He is also Chairman of the Board of Meitra Hospital[3] – an advanced tertiary care hospital in Kozhikode, Kerala.[4]

Kottikollon co-founded the Faizal & Shabana Foundation with his wife, Shabana, in 2007.[5]

Kottikollon was named "One of the Top 100 Indian Business Leaders in the Arab World" by Forbes Middle East and as "One of the 20 Most Influential Indian Leaders in Gulf Construction" by Construction Week.[6][7]

Early life and education

Kottikollon was born in Mahé, India, on July 6, 1963.[8] His father, PK Ahammed, is the Chairman of Peekay Group of Companies.[9]

Kottikollon attended St. Joseph's Boys' Higher Secondary School, Kozhikode, and he received his BE (1983–87) in Civil Engineering from Manipal Institute of Technology and his MBA (1988–90) in Business Administration, Management & Operations from T. A. Pai Management Institute. In 1990, Kottikollon earned a Master of Science degree in Industrial Engineering from Bradley University, Peoria, Illinois.[10]

Career

Emirates Techno Casting

With a seed capital of US$5,000, Kottikollon started his first venture, a steel scrap trading company called Al Ahamadi General Trading in Ajman in 1995.[11] In 1997, he set up Emirates Techno Casting in Ajman with profits from his scrap trading business and the support from his father.[11][12] In 2002, he founded Emirates Techno Casting FZE and JC Middle East (JCME) in the Hamriyah Free Zone in Sharjah to trade in valves.[13] Kottikollon's wife, Shabana, joined his business in 2002 and managed the Human Resources and Administrative areas while he focused on technology and production.[14]

In 2007, they set up the ETC Community Center,[15] which led to the establishment of the Faizal & Shabana Foundation in 2007 as "a charitable trust which aims to leverage the business models they developed in the oil and gas sector".[11][14] In the same year, Kottikollon established KEF Holdings as the parent company for the group with the "goal to provide poorer areas of the world with the education, training and healthcare they sorely lack through the use of technology and collaboration".[16]

In 2008, Dubai International Capital (DIC), the investment arm of the government-owned Dubai Holding, acquired a 45 percent stake in Emirates Techno Casting for $126 million.[17][18]

In 2011, Tyco International announced it completed the acquisition of 75% equity stake in Emirates Techno Casting, worth US$300 million, including the stake originally acquired by DIC.[19] Tyco further acquired the remaining 25% stake, held by Kottikollon, for an additional US$100 million.[20]

KEF Holdings

After the sale of Emirates Techno Casting to Tyco, KEF Holdings was registered in Singapore in 2012.[21] KEF Company Ltd. was then established as the corporate headquarters of the group in Dubai’s International Financial Center.[22]

KEF Infrastructure

Kottikollon established KEF Infrastructure India Private Limited in 2014 "for the fabrication and supply of concrete elements including columns, beams, hollow core slabs, architectural cladding panels, aggregate finished panels and staircases".[23] His first investment in infrastructure was KEF Infra One Industrial Park, "where a network of smart factories are driven by human enterprise and cyber-physical systems".[24] The facility was built on 42 acres of land in Krishnagiri with an investment of US$100 million, and it focuses on designing, engineering, and manufacturing buildings, including on-site assembly and project management.[25] KEF Infra won several projects such as the 1.5 million square feet Embassy 7B in Bangalore completed in 13.5 months,[26] the Indira Canteens in Karanataka,[26] a 700,000 square feet office park for Infosys,[27] and Gems Modern Academy in Kochi.[28]
In 2018, Katerra, a US-based Softbank-backed tech firm, and KEF Infra merged to form KEF Katerra to build critical infrastructure such as hospitals and schools.[29]

KEF Healthcare

In 2017, Kottikollon established Meitra Hospital,[30] KEF Healthcare's first tertiary care hospital in Kozhikode, Kerala. The 400,000 square foot tertiary hospital has five departments: Heart and Vascular, Bone and Joint, Neuroscience, Gastroenterology, and Urology. Meitra was built using KEF Infra's offsite construction technology in 18 months.[31]

Meitra's model was developed by physicians from Cleveland Clinic, USA.[32] Australian design firm, TAHPI designed the hospital with 52 individual intensive care units, 28 consulting rooms, 7 operating theaters, and 6 emergency units.[33]

Philanthropy

Faizal and Shabana Foundation

Kottikollon is the co-founder and director of the Faizal & Shabana Foundation, established in 2007. The Foundation is driven by the vision of "Giving to Create Impact".[34] The Foundation focuses on Education and Youth Development, Healthcare and Wellness Support, Regenerative Sustainable Development, Humanitarian Aid and Assistance; Community Outreach and Support; and Art and Culture Development.[35]

Education and Youth Development

In 2013, the Faizal & Shabana Foundation refurbished and upgraded a 120-year-old Government Vocational Higher Secondary School for Girls’ in Nadakkavu in Kozhikode, Kerala. This model extended to 1,000 schools in the state.[36] The school has reported 400 percent improvement in the class X state board exam results.[37]

Regenerative Sustainable Development

In 2015, the Foundation launched the Krishnagiri Village Development Project (KVDP), an integrated community development programme to improve the lives of 3,792 households living in the underdeveloped Ennegollu village in Krishnagiri district, Tamil Nadu.[38]

KVDP initiatives include upgrades to a government primary school, skill development and women empowerment programmes, promotion of organic farming, and hygiene and sanitation projects. The government primary school was upgraded from a one-classroom institution with 23 students and one teacher into a full-fledged primary school with 145 students, six teachers, a library and computer center.[39]

Honors

Kottikollon has been conferred several encomiums over the past two decades.

  • International Community Services Award 2012 of the Global Organization of People of Indian Origin[40]
  • Ranked among 100 Most Powerful Indians in the Gulf 2014[41]
  • Ranked among The GCC's 100 Most Powerful Indians 2014[42]
  • PV Sami Memorial Award 2016 for his valuable contribution in business and philanthropy[43]
  • Top 100 Indian Leaders in the UAE by Forbes Magazine (2016)[44]
  • Ranked in Construction Week's The 20 most influential Indian leaders of Gulf construction[7]
  • Ranked in Arabian Business Indian Aces 2018[45]
  • Ranked among 50 Most Powerful Indians in the UAE 2017[46]
  • Ranked in Arabian Business Richest Indians in the UAE 2018[47]

References

  1. ^ "Healthcare Infrastructure & Investments Company in Dubai and India – KEF Holdings". www.kefholdings.com.
  2. ^ "Dubai-based conglomerate KEF Holdings appoints new CEO". ArabianBusiness.com.
  3. ^ "Meitra Hospital". www.meitra.com.
  4. ^ Davids, Gavin (August 1, 2016). "Off-site construction a quick fix for India hospital project".
  5. ^ "When I made wealth or no wealth, I wanted to give back, says Faizal Kottikollon, Chairman of KEF Holdings". January 15, 2018.
  6. ^ Basheer, Kpm (September 11, 2017). "India needs a thousand more prefab factories". The Hindu – via www.thehindu.com.
  7. ^ a b "The 20 most influential Indian leaders of Gulf construction". Construction Week Online Middle East.
  8. ^ "Faisal Kottikollon: Founder and Chairman of KEF Holdings". iconsofindianbusiness.com. Retrieved 2022-09-22.
  9. ^ "www.pkahammed.com". www.pkahammed.com. Archived from the original on 2020-02-25. Retrieved 2020-04-26.
  10. ^ Kumar Thekkepat, Shiva (2012-04-27). "The businessman giving back to the community". gulfnews.com. Retrieved 2022-09-22.
  11. ^ a b c "How I turned a $5,000 investment into a half-a-billion-dollar fortune". ArabianBusiness.com.
  12. ^ "Emirates Techno Casting FZE". www.emiratestechnocasting.com. Archived from the original on 2020-01-31. Retrieved 2020-04-26.
  13. ^ "JC MIDDLE EAST | JC Valves". en.jc-valves.com. Archived from the original on 2020-05-02. Retrieved 2020-04-26.
  14. ^ a b "The businessman giving back to the community". gulfnews.com.
  15. ^ "Express Verve 2018 Awards: Celebrating women power". The New Indian Express.
  16. ^ Magazine, Tharawat (June 10, 2017). "PORTRAIT: KEF Holdings - The Adventure of Faizal Kottikollon and Shabana Faizal".
  17. ^ Staff Writer. "DIC buys 45% stake in KEF - eb247 - Financial - Islamic Finance - Emirates24|7". www.emirates247.com.
  18. ^ "Dubai International Capital sells 45% stake in KEF Holdings". gulfnews.com.
  19. ^ "Tyco to buy $300m stake in KEF". gulfnews.com.
  20. ^ "Inside the UAE-owned KEF Infra One Industrial Park, India". ArabianIndustry.com.
  21. ^ "Singapore Business Directory". www.sgpbusiness.com.
  22. ^ Dubai, TenTwenty | Webdesign, Webshops & E.-marketing. "The KEF Company Limited". Dubai International Financial Centre (DIFC).{{cite web}}: CS1 maint: multiple names: authors list (link) CS1 maint: numeric names: authors list (link)
  23. ^ John, Issac. "KEF, Elematic in precast technology tie-up". Khaleej Times.
  24. ^ "Inside the UAE-owned KEF Infra One Industrial Park, India". Construction Week Online Middle East.
  25. ^ "KEF Infra One Industrial Park". www.nbmcw.com.
  26. ^ a b Urs, Anil (19 April 2016). "KEF Infra completes first phase of Embassy 7B project". @businessline.
  27. ^ "KEF Infra One: Revolutionising the construction industry". www.thedollarbusiness.com.
  28. ^ "UAE's KEF Holdings Poised to Deliver GEMS Modern Academy in SmartCity Kochi, Kerala in Record 5.5 Months". www.zawya.com.
  29. ^ "New KEF Infra, Katerra firm eyes expansion in the Middle East". ArabianBusiness.com.
  30. ^ "About Us « Meitra Hospital". www.meitra.com. Archived from the original on 2020-08-12. Retrieved 2020-04-26.
  31. ^ "How one Dubai firm is shaping the future of healthcare, education". ArabianBusiness.com.
  32. ^ "Features - Hospital Design". www.middleeasthealthmag.com.[permanent dead link‍]
  33. ^ "Dubai: MEITRA Hospital announces launch of medical facilities in Calicut". www.daijiworld.com.
  34. ^ "Faizal & Shabana Foundation honoured by UAE's Indian business community for its contribution to education". www.zawya.com.
  35. ^ "Faizal & Shabana Foundation Celebrates 10th Anniversary". January 15, 2018.
  36. ^ "UAE-based couple to refurbish 100 government schools in India". gulfnews.com.
  37. ^ "A new chapter in education". fridaymagazine.ae.
  38. ^ "KEF Holdings Chairman Faizal Kottikollon renewed its commitment towards serving the society". January 15, 2018.
  39. ^ Pic India [dead link‍]
  40. ^ "GOPIO News, February 08 2012". www.gopio.net.
  41. ^ 100 Most Powerful Indians in the Gulf Arabian Business
  42. ^ InPicture: The GCC’s 100 Most Powerful Indians 2014 Arabian Business 26 October, 2014
  43. ^ "E K Faizal selected for P V Sami award | Kozhikode News - Times of India". The Times of India.
  44. ^ Videographer), Curated by Nilanjana Gupta (Senior Web Journalist /. "Forbes announces top Indian leaders in the Arab region". Khaleej Times.
  45. ^ Faizal Kottikollon Arabian Business
  46. ^ 50 Most Powerful Indians In The UAE 2017 Arabian Business
  47. ^ "Richest Indians in the UAE 2018". ArabianBusiness.com.
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