Dubai: The Al Habtoor Group announced on Thursday a major reshuffle across the Group’s boards in a bid to provide guidance and advice on strategy to enhance growth across the conglomerate’s diverse businesses. This is in line with the vision of the Chairman Khalaf Ahmad Al Habtoor. The shakeup, across all units, includes Hotels, Motors, Real Estate, Schools, Car Rental as well as the Group’s Legal and Audit Boards. The changes take effect from January 1, 2014.
“This reshuffle is essential to ensure we are ready to go for what the future holds,” said Al Habtoor. “We need to prepare our units for the opportunities ahead following Dubai’s success to host the Expo 2020. I want to ensure we have renewed energy throughout the Al Habtoor Group units and make sure we have the correct strategy in place.”
“As our motto states, we are growing with the UAE, and the Emirates is experiencing unprecedented growth. We want to capitalise on this and make sure we have the right people in place to enable us to continue growing with the UAE,” he added.
The changes impact the following divisions:
- Al Habtoor Hotels
- Al Habtoor Motors
- Diamondlease
- Emirates International Schools
- Real Estate
- Legal & Audit Boards
Both the Hotels Division and Al Habtoor Motors will be chaired by Mohammad Al Habtoor, Vice Chairman and CEO of the Group. The new Diamondlease board will be chaired by K.P. Rajan, who has also been appointed chairman of the Emirates International Schools Divisional Board and head of the Audit and legal committees. Maan Halabi has been appointed Chairman of the Real Estate Division.
