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In 2016 Makary founded Ethica Partners, a specialised advisory and investment platform focused on supporting governments, multinational corporations and NGOs on strategy development, implementation/transaction execution support and capital-raising initiatives.
From 2013 to 2016, Makary served as executive director of the Magrabi Foundation, the Middle East’s first NGO established for the prevention of needless blindness, committed to providing a sustainable model for comprehensive high-quality eye care and advocating for the inclusion of those living with visual impairment in Egypt. Through its proprietary cross-subsidised operating model, The Magrabi Foundation conducts 10,000 surgeries per year, targeting the marginalised population
In a commercial capacity, Makary served as the chief development officer and chief financial officer of Magrabi Retail, whose principal business, Magrabi Optical, represents one of the world’s largest premium ophthalmic eyewear and sunglass retail chains, totaling over 220 stores in nine countries. Makary continues to advise the Magrabi family as the group’s head of M&A/corporate finance, focusing on strategy support and transaction execution services.
As an investment banker, in 2010 Makary secured Qatar National Bank as a standby buyer in the rights issue for a controlling stake in Bank Kesawan, marking the first ever investment by a Middle Eastern bank into the Indonesian conventional banking sector.
From 2001 to 2006 Makary worked in investment banking at Putnam Lovell, San Francisco; Wells Fargo Securities, New York; and EFG Hermes Group, Egypt.
Makary currently serves on the Board of the Africa Eye Foundation, a Geneva-based NGO, tasked with forging strategic partnerships.
He also serves as an advisor to Not Impossible Labs, where he is leading efforts to secure third-party capital to commercialise and evolve donor dependent programmes into standalone socially sustainable businesses.
Tamer is a member of the Ashoka Support Network and the BMW Young Leaders Foundation.
Awards and honours
He was also recognised for his work in advising Seera Investment Bank on its US$200m buyout of BWA Water Additives, which was awarded The Banker magazine’s European Islamic finance deal of the year, in 2008.
Makary graduated in 2001 with a BA in Economics and History from Columbia University.
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