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Transguard Group, a joint venture between the Emirates Group and Al Hail Holding, and the UAE’s leading provider of business support and outsourcing services, has appointed four new directors to the company’s Board of Directors – Michael Doersam, Chief Financial Officer, Emirates Group; Chief Financial Officer, Al Hail Holding; Nidal Khatib, Financial Officer; Adnan Kazim, Emirates Chief Commercial Officer and Shahreyar Nawabi, Emirates General Counsel and Group Data Privacy Officer.
With this move, Transguard Group has demonstrated its commitment to future growth, adding senior management to both shareholders.
An industry veteran, Doersam has over 30 years of experience in various roles in Europe and the UAE, covering financial strategy, financial reporting, treasury and insurance, FP&A, tax and global financial services.
Khatib also has nearly 30 years of experience in finance, accounting, cost control, systems, auditing, taxation, treasury and foreign exchange in companies engaged in retail, manufacturing, real estate, trading, operations and other industries.
Kazim has approximately 30 years of experience in the aviation industry, covering strategy, planning, commercial operations, market expansion and government relations, while Nawabi has more than 20 years of experience in legal, compliance and governance matters, across industries and regions and government departments.
These directors will work closely with Sheikh Ahmed bin Saeed Al Maktoum, Group Chairman; Hamad Darwish, Chief Executive Officer of Al Hail Holding; Mohammed Almazrouei, Chief Operating Officer of Al Hail Holding; and they continue to serve as directors on the Board.
Welcoming the appointments, Sheikh Ahmed said: “The addition of the new board members adds depth and breadth of expertise to steer the business into a new phase of growth. The Group has gone through a period of rapid expansion while setting a record record revenue and profits, temporarily slowing growth in 2020-21 in the years before Covid-19.”
Sheikh Ahmed said: “With the UAE’s excellent pandemic management strategy, business has rebounded strongly from 2021-22 and Transguard expects this upward trend to continue, aided by its strong reputation and business and operational fundamentals.”
He added: “Across the business areas of cash, security, aviation, hospitality, workforce outsourcing, last mile delivery, home maintenance and facilities management services, the group looks forward to executing its growth strategy with the support of the enlarged board.”-TradeArabia News Service
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