Ferhan Hamid – Managing Director

Ferhan Hamid
Managing Director

Ferhan Hamid is a Founder and Managing Partner of Red Fort Strategies. With Red Fort, Mr. Hamid is able to utilize his skills in advocacy, strategy, government, and business.


He advises companies on how to achieve success in Washington D.C. as well as at the state and local level by employing a multi-pronged government affairs, public affairs and sales strategy.  Mr. Hamid is a dynamic, proven executive who recently successfully exited as the CEO and co-founder of INADEV, a cutting edge digital technology firm. He led INADEV from start up to multi-millions in revenue in 5 years with a mix of government and commercial business. 
Mr. Hamid has 23 years of leadership in both the public and private sectors. Prior to his work in the digital space, Mr. Hamid was a partner in a national law firm focusing on government affairs and public finance. He first came to the Washington D.C. area as a Director of FBR Capital Markets, Inc., a leading investment banking firm. At FBR, he helped raise an investment fund with former Washington D.C. Mayor Anthony Williams.

 

Ferhan previously spent 13 years in government, finishing his government career as Managing Deputy Comptroller for the City of Chicago. While in that position, he successfully transformed business processes to streamline and modernize finance operations, saving the City millions of dollars. As a top aide to Mayor Richard M. Daley, he managed a $400M budget and administered a self-insured insurance health care plan covering over 130,000 individuals. He also produced and negotiated two groundbreaking benefits plans with the City’s 43 labor unions. Previously Ferhan served as Deputy Comptroller and Assistant Comptroller for the City of Chicago and as Counsel for the Chicago Park District. He started his career as an Assistant Attorney General for the State of Illinois.

 

Mr. Hamid serves as the Chairman of the Board of the Virginia Lottery. He was first appointed to the Board in 2016 by Governor Terry McAuliffe and then re-appointed to a 5-year term in 2017.  Mr. Hamid recently served on Virginia Governor-elect Ralph Northum’s Transition Policy Team advising on Commerce and Trade. He also served on the Board of Directors of the Democratic Business Council of Northern Virginia. Mr. Hamid is an Alumni Member of MissionLink, an executive level forum designed to foster collaboration and innovation in the areas of defense, intelligence, and national security. He previously served as the Industry Co-Chair of American Council for Technology-Industry Advisory Council, Digital Working Group, established to assist the Obama Administration with its digital government strategy. Ferhan received his B.A. with Honors from the University of Illinois, Urbana and his J.D. from DePaul University College of Law.