Colm McLoughlin

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Colm McLoughlin
BornJuly 1943 (age 80)
Ballinasloe, County Galway, Ireland
Education Garbally College
OccupationBusinessman
TitleExecutive Vice Chairman & CEO, Dubai Duty Free
SpouseBreeda McLoughlin
Children3

Colm McLoughlin (born July 1943) is an Irish businessman, and the executive vice chairman and CEO of Dubai Duty Free, an airport retailer with a turnover of US$2.16 billion in 2023 (AED Dh7.885 billion). [1] Owned by the Government of Dubai, and part of the Investment Corporation of Dubai (ICD), Dubai Duty Free manages all aspects of the retail operation at Dubai International Airport and Al Maktoum International Airport.

Contents

Early life

Colm McLoughlin was born in July 1943, [2] in Ballinasloe, County Galway, one of five children[ citation needed ] of Tadhg Mac Lochlainn and Mel Kelly. He is a brother of Ray McLoughlin, former Ireland international rugby player.

Career

McLoughlin's intended career in dentistry took a back seat when he went to London in the early 1960s and began working in retail.[ citation needed ] He joined the high-street chain of Woolworths, where he worked his way up to become one of the youngest managers in the company. During a summer holiday back in Ireland in 1969, he responded to an advertisement for a manager at Shannon Airport Duty Free. He got the job and went on to become general manager of the duty-free operation.[ citation needed ] In 1983, at the request of the Government of Dubai, he was one of a team of ten from Aer Rianta (the Irish Airport Authority) contracted by the Dubai Government to set up Dubai Duty Free at Dubai International Airport.[ citation needed ]

McLoughlin has received many awards. These include the Frontier Lifetime Achievement award [3] which was presented in 2004 by Frontier magazine, making him only the second person after Brendan O'Regan, the founder of the airport duty free industry, to receive this accolade.[ citation needed ] In 2000, McLoughlin was the first non-UAE national at the time to receive the Most Distinguished Employee Award from the Dubai Government Excellence Awards[ citation needed ] while back in his home country, he was named as "Galway Millennium Man of the Year". [4]

In October 2014, McLoughlin was presented with the Irish Presidential Distinguished Service Award for Business and Education category. [5]

In 2017, McLoughlin received an honorary doctorate from Middlesex University Dubai. [6]

McLoughlin won awards such as the such as the "Charity Champion of the Year” at the annual Duty Free News International Global Travel Awards for Travel Retail Excellence held in London. [7] Colm was also named as one of the 50 Most Influential Expats in the UAE, in a list released by Forbes Middle East Magazine and was honoured with the “Lifetime Achievement Award” at The BURJ CEO Awards organised by CEO Clubs Network held in China [8] and the MENAA “Best Business Leaders Award” for the third time held in Dubai in December. [9]

In 2019, McLoughlin was awarded with “Outstanding Contribution to the Aviation Industry” at the annual Aviation Industry Awards held in Dublin. Colm was also honoured by Kildare County Council for his outstanding contribution to County Kildare through Dubai Duty Free's sponsorship of the Dubai Duty Free Irish Derby for the past twelve years and the Dubai Duty Free Irish Open held in the K Club in 2016, the Lifetime Achievement Award at the Middle East Hospitality Awards in September and the Asian Business Leadership Forum (ABLF) Awards and the Middle East Economic Digest (MEED) Awards for Male Leader of the Year in November.[ citation needed ]

Significantly, on 1 June 2019, McLoughlin celebrated 50 years in the duty free industry. [10]

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References

  1. https://www.brecorder.com/news/40282244/all-time-record-dubai-duty-free-registers-sales-of-over-2bn-in-2023
  2. "Colm MCLOUGHLIN – Personal Appointments (free information from Companies House)". Government of the United Kingdom. Retrieved 17 December 2017.
  3. Staff Report (2 November 2004). "McLoughlin gets Frontier award" . Retrieved 17 December 2017.
  4. "Colm McLoughlin (Ballinasloe to Dubai, UAE)". Archived from the original on 29 September 2020. Retrieved 11 November 2020.
  5. Ireland, Office of the President of. "NewsPresidential Distinguished Service Awards 2014". president.ie. Retrieved 17 December 2017.
  6. "Dubai Duty Free". dubaidutyfree.com. Retrieved 17 December 2017.
  7. "Dubai Duty Free". Archived from the original on 8 March 2019. Retrieved 7 March 2019.
  8. "Dubai Duty Free". Archived from the original on 8 March 2019. Retrieved 7 March 2019.
  9. "Dubai Duty Free". Archived from the original on 8 March 2019. Retrieved 7 March 2019.
  10. "Industry legend Colm McLoughlin celebrates his 50th anniversary in duty free". The Moodie Davitt Report. 30 May 2019.