Hassan Mutlu

Company: Trac Development Group
Position: President for Europe and the Middle East

Trac Development Group is working towards the construction of 500,000 housing units throughout Iraq, with the first phase (100,000 units) at Basra New City worth an estimated $7bn.

The scheme’s masterplan was finalised in January 2013. In April 2012, the company entered into a joint venture with Saudi Arabia’s Al-Rahji Holdings to create Al-Rahji Trac Middle East. Hassan Mutlu serves as the president of Europe and the Middle East of Trac Development Group, and is responsible for overall company strategy, policy and direction.

Mutlu has 16 years of experience in proprietary derivatives trading, 22 years of experience in system design, research and development, and 23 years of experience in project management and team-building. He was educated in the US, where he received his master’s degree in business administration with specialisation in finance. Mutlu also has a master’s degree in systems analysis.

Website: www.tracdevelop.com