Legend Holding Group has announced the appointment of Paolo Lo Monaco as Group Chief Financial Officer (CFO), bringing close to 30 years of international financial leadership experience across the GCC and Europe, having held senior leadership positions in family-owned groups and multinational companies spanning more than eight industries.
Prior to joining Legend Holding Group, Paolo served as Group CFO of Chalhoub Group and CFO of Al Khayyat Investments (AKI), where he contributed to financial transformation, governance, and business growth. Earlier in his career, he held senior finance and audit positions with multinational companies including Coca-Cola, Nestlรฉ, and Fiat Group.
In his new role, Paolo will focus on strengthening financial governance across the Group’s diversified portfolio, modernizing financial frameworks through digital transformation, and enhancing capital allocation strategies that support sustainable growth, operational efficiency, and long-term value creation for shareholders.
As Legend Holding Group continues to expand across multiple industries, the Group remains committed to exploring new investment opportunities and strategic partnerships that complement its existing business ecosystem. Aligned with the Dubai Economic Agenda (D33) and the “We the UAE 2031” vision, Legend aims to contribute to the UAE’s economic diversification, strengthen international partnerships, and drive sustainable, long-term growth.
Speaking about his appointment, Paolo Lo Monaco, Group Chief Financial Officer of Legend Holding Group, shared: “My priority is to strengthen financial governance across the Group and transform our existing financial frameworks into a modern, digitally enabled finance function that supports the shareholders’ long-term growth strategy across the Middle East. My immediate focus will be on guiding new investment decisions, ensuring disciplined capital allocation, and strengthening cash flow and financial performance across our existing businesses. I believe that combining Legend’s entrepreneurial ambition with strong financial governance will position the Group for its next phase of sustainable and profitable growth.”
As Legend Holding Group enters its next chapter, the Group remains committed to building a sustainable and diversified business portfolio, exploring new industries and partnerships that create long-term value for a better tomorrow.
Through its integrated business ecosystem, Legend aims to strengthen synergies between its companies, maximize opportunities across industries, and establish a strong foundation for future expansion.
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