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The building block of every great company its foundation. The leadership culture brings the inspiration to our team members. And every associate of IBF Holdings is what makes the solidarity of what our company is built on. 


Ray Bhai


Raheel “Ray” Bhai is Chairman, CEO and Co-founder of IBF Group of Companies.  Under his leadership, IBF Group of Companies has entered into various business  verticals including real estate, private equity, finance, insurance and  pharmaceuticals. IBF Hospitality is a platform built under the IBF Group of Companies  umbrella. It has set out to invest $375 Million in hospitality products including  Development and Acquisitions. Currently, the hospitality platform is amalgamating  with the retail make up to create a diversified REIT to be traded and IPO’d late 2022.  

Ray is a former Investment Banker as a Mergers & Acquisitions, Disposition and Asset  Management & Project Management in acquiring Billion-Dollar portfolio for both  boutique and multinational investment banking firms.  

Mr. Bhai is a prominent member and donor of the Rita Gala Alzheimer’s Foundation  as the way to give back to the community.

Ken Greene

COO, Chief Operating Officer

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Ken Greene is a passionate global leader that has successfully led organizations for the past 20+ years in the United States, Canada, Latin America and Asia, including a number of iconic brands. Each organization under his leadership accomplished significant positive change in culture, growth and financial performance. He has implemented repositioning, start-up and growth strategies; and, overseen significant real estate, managed and franchised portfolios. His experience more broadly includes building strong teams in multi-cultural and diverse environments that deliver on the company's strategic plan.


Most recently, Ken was the President & CEO of the Asian American Hotel Owners Association, the worlds largest hotel owners association with 20,000 members representing 60% of the hotels in the United States.


Ken previously led Radisson Hotel Group (formerly Carlson Rezidor Hotel Group) as President, Americas. He was responsible for leading operations, commercial, development and technical services in the Americas. In this leadership role, Greene drove the performance and expansion of the Americas portfolio, which included over 700 hotels in operation and under development across the company’s core brands: Radisson Blu®, Radisson®, Radisson RED, Park Inn® by Radisson, Park Plaza® and Country Inn & Suites® by Radisson. In addition, he oversaw the company’s managed portfolio in the Americas, ensuring operational excellence and optimizing performance. 


Prior to joining Radisson Hotel Group, Greene was the Chief Executive Officer of Greenehouse Consulting, a Toronto-based start-up that provides management consulting and advisory services on company strategy, branding and real estate transactions. Prior to that, he was the President and Chief Executive Officer for Delta Hotels and Resorts, where he transformed the company by repositioning it as a leader in the Canadian upscale, full-service hotel segment; and, ultimately leading to its sale to Marriott.


From 2001-2012, Greene held various executive positions at Wyndham Worldwide, including President and Managing Director APAC, helping to establish Wyndham’s Asia Pacific regional headquarters; and, Group President responsible for the Days Inn, Travelodge, Howard Johnson and Ramada brands with over 3700 franchisees and $4.4 billion in Gross Room Revenue.

Ismail Bhai

Managing Director and President of

IBF Holdings 


Mr. Bhai  is the Managing Director, President, and Co-founder of IBF Holdings. He has been instrumental in growing IBF Companies with his great management and accounting skills. Mr. Bhai's humble beginnings from a small gas station in Arlington, Texas and humble vision along with his son's appetite to expand grew their convenient store portfolio to 175 stores in the southwest region. 

At the same time, they grew their fuel distribution company to the fifth largest Exxon/Mobile in the southwestern US as a result in 2010 all 265 were leaseback to 7-Eleven.


Ismail has helped grow the NNN lease platform and has been instrumental in acquiring $1.2 Billion Dollars worth of NNN properties.  Alongside his son Ray both father and son have grown the real estate platform to over $7.5 Billion in the last 10 Years. Ismail has also been instrumental in growing the hospitality management business to bring the total operational hotels to 22 hotels investment/ operations in the last 4 years in various hospitality sectors.