Ivan Toney, the former CEO of Al Ahli, passed away on August 15th, 2021. He was known for his leadership style and his vision for the company, which he brought to life during his tenure as CEO.

Toney had a strong background in business, having started his career with the Kuwaiti state-owned oil company, State Oil Company of Iraq (Socim). He went on to become the CEO of the company in 1997, and remained in that position until his retirement in 2014.

During his time as CEO, Toney implemented several strategic initiatives that helped Al Ahli achieve its goals. Some of these initiatives included expanding the company's operations across the Middle East, diversifying its portfolio of businesses, and investing in new technologies and innovations.

One of Toney's most notable achievements was the acquisition of Al Dhafra, a major oilfield in Egypt. The acquisition was seen as a significant step towards diversification of Al Ahli's portfolio, as it allowed the company to expand into other countries and industries.

Despite his success, Toney faced criticism from some quarters. Some argued that his approach to management was too focused on profit maximization, while others felt that he lacked the necessary experience or expertise to run such a large company.

In conclusion, Ivan Toney passed away on August 15th, 2021. While he may not have achieved the level of success that many expected him to, he remains a respected figure in the business world. His legacy will continue to be remembered by those who knew him well, and his contributions to the company will always be remembered.

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