Aditya Sihmar is a highly experienced procurement and operations professional currently serving as the Director of Strategic Procurement at the Investment and Development Office (IDO) in Ras Al Khaimah since November 2021. Prior to this role, Aditya was a Strategic Advisor in Procurement at McKinsey & Company from October 2010 to December 2020, where significant contributions included leading cross-functional initiatives that achieved margin improvements, enhancing P2P processes, and developing high-performance teams. Aditya also has experience as a Business Analyst at Cognizant Technology Solutions, where project management and process improvement initiatives were led. Earlier roles included an Executive Engineer position at Larsen & Toubro Limited, focusing on procurement and logistical management within special projects. Aditya holds an MBA in Operations from Symbiosis Institute of Business Management and a B.Tech in Mechanical Engineering from the National Institute of Technology Kurukshetra.
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Investment and Development Office (IDO) - Ras Al Khaimah
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The Investment and Development Office (IDO) is the investment arm of the Government of Ras Al Khaimah. It was established by Emiri Decree in 2004 and is a pillar of the Emirate of Ras Al Khaimah’s development and prosperity. The IDO is guided by a set of core values, that drive our day-to-day decision making and investment approach. In line with these, we believe that we have an overarching commitment to the welfare of our community. As an active investor, with a long-term investment horizon, our focus is to achieve sustainable returns from our portfolio and support the broad development of the Emirate. Our portfolio spans a wide range of sectors, with both listed and non-listed investments. We have also played, and continue to play, a key role in enabling the Government of Ras Al Khaimah to maintain an overall credit rating in the ‘A’ range by Fitch Ratings and S&P Global Ratings for over a decade.