Drake and Scull International (DSI), the Dubai-listed contractor, said on Wednesday it has appointed a new chairman and also accepted the resignation of the group chief executive officer.

DSI said the board of directors will manage the company until a new CEO is appointed to replace Yousuf Al Mulla, who resigned from his position. Meanwhile, the board will be headed by independent board member Obaid Bin Touq who was approved as new chairman to replace Abdullah Atatreh.