Name: Mario Gay


Current title: Managing Director


Current organisation: Extrema Ratio Fz LLC


Mario Gay is currently the Managing Director of Nuvias Middle East, an IT distribution Company specialized in cloud and security products, part of the London Rigby Family Group.
Before that, Mario was the MD of Mindware, a leading IT Distributor, part of MIDIS Group, in the MENA Region with an organization of 160 people among UAE, KSA, Egypt, Kuwait, Qatar, Oman, Kenya, Morocco, and Lebanon with yearly revenue over US$350 million.
Mario joined Mindware in 2007 as the Chief Financial and Operation Officer and was instrumental in the restructuring of finance, sales, and the marketing operations of the Company with the implementation of cross border ERP & CRM & BTB systems and Electronic Market Place, for IT Cloud Products.
In 2009, Mario took full responsibility for the Company and guided the Sales growth, developing the portfolios of existing products, adding new IT franchises contracts, and opening new legal entities across the MENA region. Enlarged the customer base moving from 500 resellers to 3000 active customers. Developed the relationship with all key strategic vendors like Dell, Lenovo, EMC, HUAWEI, and many other software vendors
On top of the above, he spent time increasing the level of competencies across the organization and in developing the overall team skills and group performance, developing internal training for senior manager and staff.
Mario also served as Executive Director and Advisory Board Director of the Midis Group, which is the holding Company of Mindware with the responsibility of overlooking the M&A process across the Group.

In 1997, Mario joined Intel Corporation in Milan as Finance & Administrative Controller for the MENA Region. He spent ten years with Intel in several roles relocating across Europe, in Munich, Paris, Swindon, and London.
Among the positions held he had: Southern European Finance Controller, WER Treasury/Credit Manager, EMEA Credit Director, and Financial Service.
He ended his tenure with Intel Capital in London as Senior Investment Manager with the responsibility for Venture Capital and M&A investment activity across South Europe. His areas of expertise were the Application of FPGA, Digital Health (diagnostic on a chip and telemedicine), and mobility.
One of his most outstanding achievements was the ‘Intel Finance Achievement Award’ in 2006; it is the highest recognition for an individual from Intel.
In 2014 Mario was also awarded “Executive of the Year” by Channel Middle East Magazine; for the visible success of Mindware in the Channel.
Mario holds an MBA from SDA Bocconi in Milan, where he also attended the Wharton Business School in Philadelphia (USA) in an exchange program with a focus in finance and company valuation.
Mario continues to keep abreast with learning, attending several intensive programs from the London Business School and INSEAD in France.
He is Visiting Professor at the University of Turin, holding classes on Internationalization & Strategy to the Students of Business Administration.
He is an active member of the Rotary international of Dubai, where he dedicates time to help the community.