The top hires from across the Gulf
Fawad Tariq Khan
Dubai-based financial services provider SHUAA Capital has named Fawad Tariq Khan as its new general manager. Khan joins from Abu Dhabi Financial Group, having started his career with Deloitte in London, and accrued more than a decade of experience in private equity and debt advisory and investment roles across the Middle East and Europe. He replaces former GM Houssem Ben Haj Amor, who stepped down due to personal reasons after 10 years at the company.
Roger Daix has been appointed vice president of the Middle East for Thales. Daix was previously VP of Thales Eurasia, having worked across the aerospace, defence, security, space and transportation group’s global portfolio prior to that. The company aims to strengthen its regional industrial footprint and plans to hire between 150 and 250 new employees locally. Thales also named Bernard Roux as UAE country director; Alain Correia as country director for Bahrain, Kuwait and Pakistan; Eric Delannoy for Oman, and Frederic Sallet for Qatar.
Al Shafar Interiors has appointed Mazen Kaba as managing director. Kaba has two decades of senior leadership experience, and joins the subsidiary of Al Shafar General Contracting to focus on increased diversification and future growth. He has previously supervised the delivery of numerous multi-million dollar projects in the UAE, Saudi Arabia, Egypt, Syria and Angola, and will now be involved with key ASI projects in the region including Green Community phases 2 and 3, Bluewaters Island Residential, and La Mer Open Beach Retail.
After seven years at global fittings company GROHE, Renu Misra has been named as the new president for the Middle East, Africa and East Mediterranean. Having been noted for delivering robust results and significant growth, the former CFO and later CEO of GROHE India will represent the group’s interests in the region, reporting directly to the CEO of Grohe AG, Michael Rauterkeus. Headquartered in Germany, GROHE provides sanitary fittings and water products, and has been recognised as one of Germany’s most sustainable major companies.
Yazen Abu Gulal
UAE-based investment firm KBBO Group has announced the appointment of Yazen Abu Gulal as CEO. Abu Gulal was previously vice president at Swiss private bank Lombard Odier in Geneva, Switzerland, and has been tasked with using his European as well as Gulf and wider Middle Eastern experience to take KBBO to the next level. The company has a diversified portfolio across a variety of sectors, and its growth strategy will focus on healthcare, education and venture capital. Sunil Singh was also announced as the group’s new CFO.
Ziad El Chaar
Saudi real estate developer Dar Al Arkan has appointed Ziad El Chaar as its new chief executive. El Chaar joins the Riyadh-based company having resigned from his previous role at Damac Properties in May, where he spent a total of 12 years, including six as managing director. His predecessor as CEO at Dar Al Arkan – Dr Abdulrehman Hamad Al Harka as CEO – also stepped down in May. The developer is Saudi Arabia’s largest listed real estate firm, with a market capitalisation of SAR10.8bn ($2.88bn).
Samer Alhaj has been named as the CEO of UAE conglomerate, Al Ghurair. The former CFO of Dubai Holding has been tasked with driving new levels of profitability and sustainability in line with the company’s values. As well as Dubai Holding, Alhaj has held senior roles at Abu Dhabi Basic Industries Corporation, Waha Capital, Gulf Investment House, and KIPCO. He has also worked in London, Chicago and New York at companies including William Blair, Merrill Lynch and Lehman Brothers.