Watch this space: The prime time of new global M&C Saatchi CEO Zaid Al-Qassab


Damien McElroy
  • English
  • Arabic

You don’t have to be a self-described proud British-Iraqi like Zaid Al-Qassab to assert that the most famous name in the advertising business is unquestionably that of Saatchi.

Imagine the affinity Al-Qassab experienced, then, on walking in the door to take over as the global chief executive of M&C Saatchi Group earlier this year after a stint with broadcaster Channel 4 and a formative career at Procter & Gamble.

Perhaps surprisingly, he has never discussed with co-founders Maurice and Charles Saatchi the fact of their shared roots … but something left unsaid can still sit lightly in the background.

“It’s just a happy coincidence that one of the most famous British-Iraqi families set up this company and now I have the pleasure of leading it,” Al-Qassab tells The National.

“Everyone knows the Saatchi name. Which is, obviously, an incredible calling card but it’s also a weight on my shoulders having to live up to that reputation. We’ve got a fantastic business all over the world and actually our fastest growing businesses are in the Middle East at the moment.

It was just a happy coincidence that the famous British-Iraqi Maurice and Charles Saatchi, above, set up M&C Saatchi Group, says Zaid Al-Qassab, 'and now I have the pleasure of leading it'
It was just a happy coincidence that the famous British-Iraqi Maurice and Charles Saatchi, above, set up M&C Saatchi Group, says Zaid Al-Qassab, 'and now I have the pleasure of leading it'

“Nowadays, it’s much more than advertising – it’s consulting, it’s media, it’s a full range of creative services in pretty much every sector, and some brands that we work with are household names globally – so it’s a lot of responsibility but, let’s be honest, it’s also an absolute joy.”

At 52, Al-Qassab gives the impression of a man who makes the best of it as he progresses through life’s ups and downs.

There is certainly no looking back in anger at his early years in suburban Manchester. Childhood loyalties were forged, including one for Manchester United – a cherished photo wearing the strip while celebrating the 1977 FA Cup final victory has maddeningly been lost.

But there does remain an ingrained memory of bullying and the name-calling that, with typical wry humour, he has described as betraying his tormentors’ lack of geographical knowledge.

“I grew up in a lovely, friendly part of the world in the north of England. People are generous, open-hearted, and talkative but there were less pleasant things.

I'm 50 per cent Iraqi but 100 per cent British. I don’t see any confusion in thinking about it that way

“Some that do stick in my memory were aspects of being teased or bullied at school because I looked a bit different and had a foreign name. The world's come a long way since then, although everyone who is in a minority experiences some forms of racism, and I still do.”

Over the years, Al-Qassab has never been afraid to speak out on the issues he cares about and such discrimination is no different. News that a British MP was stopped from boarding a Canadian Airlines flight with the rest of the delegation last year because his name was Mohammad prompted him to post on social media about enduring the same “my whole adult life”.

When people ask about Al-Qassab's heritage, the response is invariably the same. “I say: ‘Well, I’m 50 per cent Iraqi but 100 per cent British.’ I don’t see any confusion in thinking about it that way. I see it as a massive advantage as most multicultural people do.”

Stockport to Saudi Arabia

His parents met in provincial England, with Al-Qassab senior having relocated from Baghdad to take A levels. Between the ages of three and seven, young Zaid led a nomadic life, switching between the soggy climes of Stockport and the pristine dry heat of Saudi Arabia where his father worked as an engineer.

Zaid Al-Qassab in London's The Saatchi Gallery for contemporary art and an independent charity opened by Charles Saatchi in 1985. Victoria Pertusa / The National
Zaid Al-Qassab in London's The Saatchi Gallery for contemporary art and an independent charity opened by Charles Saatchi in 1985. Victoria Pertusa / The National

“That's fun when you're a child, when you just soak things up and enjoy it,” he says. “I've lived in different countries, I’m mixed race, which I think is fantastic in itself because you get to experience the different cultures as part of your family and upbringing.”

One drawback of growing up in a blended household 50 years ago was that he missed out on the more modern idea that children should share the native tongues of their parents. “We know that bringing children up speaking more than one language is advantageous, not just for them as an individual but as well for the growth of their brain and their abilities linguistically.

“In those days, people didn't do that. Regretfully, I was brought up only speaking English. My parents thought it would be confusing, both to me learning the language and culturally for me to be brought up speaking two languages.”

Chasm to cross

Within England, Al-Qassab soon discovered a different kind of chasm to cross – the yawning divide between north and south after relocating to the London feeder town of Reading where his “teensy bit” of a Mancunian accent drew some attention.

The Blue Coat School, despite being private and only 25 miles away, wasn’t one that traditionally sent students to Oxford University but Al-Qassab “felt like it was worth a shot”.

He was accepted to study Philosophy, Politics and Economics “before PPE stood for personal protective equipment” at Merton College, and took on the posts of junior common room treasurer and captain of the tennis team.

The people's people watcher

Al-Qassab notes that PPE gets a bad rap because “quite a few politicians did it which is not entirely surprising” but credits the course with instilling the critical thinking that allowed him to forge his way up in marketing. “I did a degree that was about understanding the world and how people interact with the world, and, in a funny way, that’s what I still do.

“I think I’m lucky to have found a career where watching people and understanding what motivates them is an important element. But when I’m not working I’m probably a people watcher, too – I watch politics, I’m really into offbeat movies, live music, art, theatre, sport.”

However, it was some years before he perceived just how privileged his experiences at Oxbridge had been. “I don’t think you realise when you’re there. You’re just a teenager at university.”

I champion diversity and inclusion. I just think that’s what makes the world go round

One of his professors was David Butler, the foremost election guru in the second half of the 20th century. On televised election night coverage, it was Butler who brought the country the swingometer, a graphics device used to illustrate how the wind had changed since the last time people voted.

“When you see someone on television and you think: ‘Oh, that person used to be my tutor’, you know you’ve been exposed to some pretty special people.”

The description also applies to Al-Qassab’s wife, a fellow Oxford PPEer and former fund-raising trustee at the Young Climate Warriors charity. In their decades together, the couple have not only lived in Britain but also in Switzerland and Greece, the birthplaces of their daughter and son, respectively. “You can imagine the fun we have when the Euros football tournament is on,” he quips.

A roaring success

It was a shared enterprise in terms of building careers, hers at the World Health Organisation. His own, in which he has accrued awards and accolades including the Cannes Lions Film Grand Prix twice, Brand of the Year twice, been named the UK’s No 3 Marketer of 2023 and served as a council member of the Advertising Standards Authority, got off to an unlikely start.

With no idea what to do after university, Al-Qassab sent in applications for management consultancy roles because that’s what many friends were doing. Mistakenly, one he applied for was with Procter & Gamble.

The career in which Al-Qassab has accrued awards and accolades such as the Cannes Lions Film Grand Prix (twice) got off to an unlikely start. Photo: M&C Saatchi
The career in which Al-Qassab has accrued awards and accolades such as the Cannes Lions Film Grand Prix (twice) got off to an unlikely start. Photo: M&C Saatchi

By the end of the interview, it had become clear that P&G was instead a multinational consumer goods company but the job offer was made and accepted.

The new intern found that he’d swapped one seat of learning for another, and the modus operandi there shaped his thinking that advertising is half art, half science requiring formal grounding as a crucial piece of the puzzle.

Crazy but it works

“P&G was an amazing school for learning about marketing, advertising, creativity and business. It does it by throwing young graduates out of university straight into running multimillion pound businesses and coaching them, letting them do the training on the job and make mistakes.”

This is a good thing since Al-Qassab almost came to an undignified end on his first project, throwing thousands of pounds away when the backs wouldn’t peel off any of the large number of promotional stickers he had ordered. Expecting to be fired, he was told that everyone makes mistakes but best not to make the same one twice.

“They trust that they have bright, motivated young people and management who care about those people.

“When you look at it, it’s crazy but it works. And that’s why P&G, along with others who have a very similar approach, are successful in turning out so many people who go on to have great careers in this industry.’’

While promoting companies such as Wella and Pringles, Al-Qassab worked “in a wonderful melting pot environment” with colleagues from every country in Europe.

Champion of diversity and inclusion

“I really benefited from that. I love working in different cultures and with people who come from diverse backgrounds. It’s part of why I’m a champion of diversity and inclusion. I just think that’s what makes the world go around.

“A lot of people say that it’s an increasingly divisive world. I know it sounds like a platitude but I believe there is much more that brings us together than divides us. Underneath superficial differences of what someone looks like, what food they eat or what their house looks like, you find that the values people have of family life, togetherness and community – the things they care about – are incredibly similar.”

He’d have happily stayed on the continent forever – “I mean, who wouldn’t want to live in sunshine most of the year and go to the beach after work every day?” – but the couple felt that the time had come to head home.

Returning to the UK, household names like BT and Channel 4 snapped him up in increasingly senior roles as he switched from consumer products to telecoms and media.

Mental health issues

However, it wasn’t all smooth sailing. As the children began school, Al-Qassab noticed that he wasn’t feeling quite himself, and, in the two decades since, has lived with anxiety and depression. Spending time with loved ones, eating healthily, getting fresh air and going to bed early, therapy, and shutting his laptop evenings and weekends all help as does possibly his greatest sanity saver: playing tennis.

Love of the latter might have given even him a small cause for envy after his brother, Usama, an important sounding board as a fellow chief marketer, was appointed in 2022 as commercial director of Wimbledon.

Publicly highlighting the issues, too, helps Al-Qassab – and he hopes others. It explains why he was inducted into the Hall of Fame of the men’s health charity Movember after 10 years of involvement, first as a sponsor with Gillette, then as a media and marketing strategist on sabbatical, and lastly, as a supporter whose at-times zany facial hair has raised more than £30,000 to increase awareness of cancer and mental health.

But as we sit in Chelsea’s Saatchi Gallery, the conversation turns to the subject of digital engagement that was largely informed by the year after P&G spent immersed in an internet start-up in holiday home rentals. What once was a poster on a fence and then became an ad slot on TV is now often part of a stream of messages on people’s smartphones.

In a keynote speech at Cannes Lions 2024, Zaid Al-Qassab talked about 'conscious creativity' - the balance between making money, supporting communities and protecting the environment. Photo: M&C Saatchi
In a keynote speech at Cannes Lions 2024, Zaid Al-Qassab talked about 'conscious creativity' - the balance between making money, supporting communities and protecting the environment. Photo: M&C Saatchi

To Al-Qassab, the various means at his disposal to enable a client to interact with customers are like tools, as a factory might have. It’s just about selecting the most appropriate one for the particular job at hand. “Pretty much all the advertising we make nowadays is digital. In many respects, it’s our bread and butter.

“What we do now isn’t different. How we do it has evolved, and we need to be at the forefront of that but the creative challenge is exactly the same as it has always been,” he concludes.

Profits, people, planet

It bears mention, though, that his recent keynote speech at the Cannes Lions International Festival urged for a more “conscious creativity” that strikes a balance between making money, supporting communities and not damaging the environment.

Asked if his industry should have more safeguards against the technological arms unleashed by video and artificial intelligence, he points out that those in today’s younger generation are digital natives. “They have much better skills at managing digital media than we do. We’re right to worry but we’re over worrying because they grew up in that world.”

In part, this lies in the belief that AI is evolving rapidly but won’t leapfrog human ingenuity. He doesn’t see it as a threat at all. “AI will be a great help to our industry because it is a tool like everything else,” he says. “We will find lots of brilliant uses that are good for the world.”

And that just about sums Al-Qassab up, ever the optimist and people watcher on the lookout for opportunities and ideas that challenge the status quo.

UK-EU trade at a glance

EU fishing vessels guaranteed access to UK waters for 12 years

Co-operation on security initiatives and procurement of defence products

Youth experience scheme to work, study or volunteer in UK and EU countries

Smoother border management with use of e-gates

Cutting red tape on import and export of food

Honeymoonish
%3Cp%3E%3Cstrong%3EDirector%3A%3C%2Fstrong%3E%20Elie%20El%20Samaan%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarring%3A%20%3C%2Fstrong%3ENour%20Al%20Ghandour%2C%20Mahmoud%20Boushahri%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%203%2F5%3C%2Fp%3E%0A
Lexus LX700h specs

Engine: 3.4-litre twin-turbo V6 plus supplementary electric motor

Power: 464hp at 5,200rpm

Torque: 790Nm from 2,000-3,600rpm

Transmission: 10-speed auto

Fuel consumption: 11.7L/100km

On sale: Now

Price: From Dh590,000

The specs

Engine: 2.0-litre 4-cyl turbo

Power: 247hp at 6,500rpm

Torque: 370Nm from 1,500-3,500rpm

Transmission: 10-speed auto

Fuel consumption: 7.8L/100km

Price: from Dh94,900

On sale: now

The specs
Engine: 3.0-litre twin-turbo flat-six

Power: 480hp at 6,500rpm

Torque: 570Nm from 2,300-5,000rpm

Transmission: 8-speed dual-clutch auto

Fuel consumption: 10.4L/100km

Price: from Dh547,600

On sale: now 

Who was Alfred Nobel?

The Nobel Prize was created by wealthy Swedish chemist and entrepreneur Alfred Nobel.

  • In his will he dictated that the bulk of his estate should be used to fund "prizes to those who, during the preceding year, have conferred the greatest benefit to humankind".
  • Nobel is best known as the inventor of dynamite, but also wrote poetry and drama and could speak Russian, French, English and German by the age of 17. The five original prize categories reflect the interests closest to his heart.
  • Nobel died in 1896 but it took until 1901, following a legal battle over his will, before the first prizes were awarded.
MATCH INFO

Europa League final

Who: Marseille v Atletico Madrid
Where: Parc OL, Lyon, France
When: Wednesday, 10.45pm kick off (UAE)
TV: BeIN Sports

THE BIO

Age: 30

Favourite book: The Power of Habit

Favourite quote: "The world is full of good people, if you cannot find one, be one"

Favourite exercise: The snatch

Favourite colour: Blue

Seven tips from Emirates NBD

1. Never respond to e-mails, calls or messages asking for account, card or internet banking details

2. Never store a card PIN (personal identification number) in your mobile or in your wallet

3. Ensure online shopping websites are secure and verified before providing card details

4. Change passwords periodically as a precautionary measure

5. Never share authentication data such as passwords, card PINs and OTPs  (one-time passwords) with third parties

6. Track bank notifications regarding transaction discrepancies

7. Report lost or stolen debit and credit cards immediately

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Timeline

1947
Ferrari’s road-car company is formed and its first badged car, the 125 S, rolls off the assembly line

1962
250 GTO is unveiled

1969
Fiat becomes a Ferrari shareholder, acquiring 50 per cent of the company

1972
The Fiorano circuit, Ferrari’s racetrack for development and testing, opens

1976
First automatic Ferrari, the 400 Automatic, is made

1987
F40 launched

1988
Enzo Ferrari dies; Fiat expands its stake in the company to 90 per cent

2002
The Enzo model is announced

2010
Ferrari World opens in Abu Dhabi

2011
First four-wheel drive Ferrari, the FF, is unveiled

2013
LaFerrari, the first Ferrari hybrid, arrives

2014
Fiat Chrysler announces the split of Ferrari from the parent company

2015
Ferrari launches on Wall Street

2017
812 Superfast unveiled; Ferrari celebrates its 70th anniversary

Four-day collections of TOH

Day             Indian Rs (Dh)        

Thursday    500.75 million (25.23m)

Friday         280.25m (14.12m)

Saturday     220.75m (11.21m)

Sunday       170.25m (8.58m)

Total            1.19bn (59.15m)

(Figures in millions, approximate)

THE CLOWN OF GAZA

Director: Abdulrahman Sabbah 

Starring: Alaa Meqdad

Rating: 4/5

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

Real estate tokenisation project

Dubai launched the pilot phase of its real estate tokenisation project last month.

The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.

Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.

THE SPECS

Engine: 3.6-litre V6

Transmission: eight-speed automatic

Power: 285bhp

Torque: 353Nm

Price: TBA

On sale: Q2, 2020

'The worst thing you can eat'

Trans fat is typically found in fried and baked goods, but you may be consuming more than you think.

Powdered coffee creamer, microwave popcorn and virtually anything processed with a crust is likely to contain it, as this guide from Mayo Clinic outlines: 

Baked goods - Most cakes, cookies, pie crusts and crackers contain shortening, which is usually made from partially hydrogenated vegetable oil. Ready-made frosting is another source of trans fat.

Snacks - Potato, corn and tortilla chips often contain trans fat. And while popcorn can be a healthy snack, many types of packaged or microwave popcorn use trans fat to help cook or flavour the popcorn.

Fried food - Foods that require deep frying — french fries, doughnuts and fried chicken — can contain trans fat from the oil used in the cooking process.

Refrigerator dough - Products such as canned biscuits and cinnamon rolls often contain trans fat, as do frozen pizza crusts.

Creamer and margarine - Nondairy coffee creamer and stick margarines also may contain partially hydrogenated vegetable oils.

Brief scores:

Toss: Nepal, chose to field

UAE 153-6: Shaiman (59), Usman (30); Regmi 2-23

Nepal 132-7: Jora 53 not out; Zahoor 2-17

Result: UAE won by 21 runs

Series: UAE lead 1-0

New UK refugee system

 

  • A new “core protection” for refugees moving from permanent to a more basic, temporary protection
  • Shortened leave to remain - refugees will receive 30 months instead of five years
  • A longer path to settlement with no indefinite settled status until a refugee has spent 20 years in Britain
  • To encourage refugees to integrate the government will encourage them to out of the core protection route wherever possible.
  • Under core protection there will be no automatic right to family reunion
  • Refugees will have a reduced right to public funds
Porsche Taycan Turbo specs

Engine: Two permanent-magnet synchronous AC motors

Transmission: two-speed

Power: 671hp

Torque: 1050Nm

Range: 450km

Price: Dh601,800

On sale: now

The biog

Favourite book: Men are from Mars Women are from Venus

Favourite travel destination: Ooty, a hill station in South India

Hobbies: Cooking. Biryani, pepper crab are her signature dishes

Favourite place in UAE: Marjan Island

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Updated: September 19, 2024, 7:20 AM