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Transguard Group, a joint venture between 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 – Michael Doersam, Chief Financial Officer, Emirates Group; Chief Executive Officer, Al Hail Holding Nidal Khatib, Financial Officer; Adnan Kazim, Chief Commercial Officer, Emirates; and Shahreyar Nawabi, Emirates General Counsel and Group Data Privacy Officer.
With this move, Transguard Group has demonstrated its commitment to future growth and has added senior management to both shareholders.
An industry veteran, Doersam has over 30 years of experience in various roles across Europe and the UAE in areas such as financial strategy, financial reporting, treasury and insurance, financial planning and auditing, taxation and global financial services.
Khatib has nearly 30 years of experience in finance, accounting, cost control, systems, auditing, tax, treasury and foreign exchange with companies in retail, manufacturing, real estate, trading, operations and other industries.
Kazim has approximately 3 years of experience in the aviation industry in strategy, planning, commercial operations, market expansion and government relations, while Nawabi has over 20 years of experience in legal, compliance and governance matters involving private companies across multiple industries and geographies and government departments.
These directors will work closely with Group Chairman Sheikh Ahmed bin Saeed Al Maktoum; Hamad Darwish, Chief Executive Officer of Al Hail Holding; Mohammed Almazrouei, Chief Operating Officer of Al Hail Holding; Board of Directors.
Welcoming the appointment, Sheikh Ahmed said, “The addition of the new board adds depth and breadth of expertise to steer the business into a new phase of growth. The group has experienced a period of rapid expansion, while revenue and profit have grown significantly. For the record, it temporarily slowed growth in 2020-21 in the years leading up to Covid-19.”
“With the UAE’s excellent pandemic management strategy, business has rebounded strongly from 2021-22 and Transguard expects this upward trend to continue, thanks to its strong reputation and fundamentals of business and operations,” said Sheikh Ahmed.
He added: “Across the business streams of cash, security, aviation, hospitality, labour outsourcing, last mile delivery, home maintenance and facility management services, the group looks forward to executing its growth strategy with the support of its enlarged board of directors.”-TradeArabia News Service
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