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Drake & Scull International (DSI), a leader in engineering and construction services, has announced a series of strategic appointments and changes as part of its efforts to restructuring the organisation and streamline business operations.
The ongoing appointments are key to reinforcing DSI’s leadership in the mechanical, electrical and plumbing (MEP) sector.
Through the continued support of Tabarak Investment and the guidance of a new set of visionary leaders, the company intends to capitalize on its unmatched industry experience and expertise to seize new growth opportunities across the region, said a statement from the company.
DSI has appointed Ziad Makhzoumi as an advisor to the board of directors. Ziad was the CEO of Fakih IVF prior to joining the company.
With over 30 years of proven leadership and executive experience, he will play a key role in DSI’s efforts to stabilize the business, streamline and revitalize operations, and improve the financial position of the group to maintain its industry leadership, said the top Dubai-based contractor.
Other key changes are the appointment of Muin El Saleh (former CEO of Makkah & Madinah Holdings) as the new managing director of the company’s UAE operations; Dr Fadi Feghali (former managing director of Al Husam Group)) as DSI’s new managing director for international operations; Musa Ibrahim (previously General Counsel of Tabarak Investment) as the group chief legal officer besides Ismail Mohammad as the the deputy general manager of GTCC in the UAE, and Saher Ghazi Kamal as acting managing director for Saudi Arabia.
On the strategic move, Mohammed Atatreh, the group managing director, said: "The success of our organizational vision depends on the dedication and capacity of our people and leadership. Right now, Drake and Scull is implementing a comprehensive plan that will determine the company’s future direction."
"Our latest executive management appointments and changes are geared towards ensuring that we have highly capable leaders in place who can help implement our reorganizational efforts in the fastest and best way possible. Our new set of appointees will play crucial roles in driving more productivity and growth for the company," he added.
DSI’s newly-elected board of directors aims to build a strong and visionary core leadership that can take the company to new heights.
"The appointees reflect the board’s commitment to steering DSI to stability; reenergizing operations with a sharp focus on efficiency, cost control and smooth project delivery; and balancing the service portfolio," he added.
Drake and Scull International (DSI) said on Monday that Tabarak Investment’s stake in it is at 13.26 per cent, and that Tabarak “will continue to be a strategic investor.”
DSI said in a sta
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