DP World names new CEO for UAE Region, Jafza
DUBAI, May 22, 2021
DP World, the Dubai-based provider of smart end-to-end supply chain logistics, has appointed Abdulla Bin Damithan as the new CEO and Managing Director for the UAE Region and Jafza replacing Mohammed Al Muallem, who has been promoted to Executive Vice President of DP World.
The move comes in line with growth and expansion plans of DP World that will bolster its position as a world leader in global supply chain solutions, said the statement from the company.
After revealing robust financial results for the year-end of 2020 and an encouraging start to 2021, DP World will turn a new page with a transition in management in the UAE, it stated.
During his 20-year long career at DP World, Damithan has held leadership positions with increasing responsibilities, the most recent being Chief Commercial Officer for the UAE Region.
As an accomplished leader in the maritime and logistics sector, he has led different aspects of the business to commercial success. This includes Ports & Terminals, Parks & Zones and Trade Enablement solutions.
Lauding the appointment, Group Chairman and CEO Sultan Ahmed Bin Sulayem said: "DP World has been integral to Dubai’s economic success story, contributing more than a third of gross domestic product."
"Jebel Ali Port and Jafza account for nearly a quarter of all foreign direct investment into Dubai, and support 135,000 jobs. I am confident that the leadership of Damithan will take DP World, UAE Region to the next level of growth."
On his new role, Damithan said: "Our aim is to expand DP World, UAE Region and increase our contribution to Dubai and the country. I am looking forward to utilising my experience in the company to create unparalleled solutions that support sustainable socio-economic growth, and also to cement DP World’s position as a leading smart trade enabler."
"I am taking responsibility for a business in robust health. Over the years, I have had the privilege of working under the leadership of Sultan Ahmed Bin Sulayem and Al Muallem, and have learnt about the fundamentals of business in the region and around the globe," he added.
Welcoming the appointment, Al Muallem said: "I have had the privilege of leading DP World, UAE Region and I am proud of relentless work our team has put in to build a better company and a better world and the positive impact we have made on the economy of Dubai."
"It is an honour to be passing the baton to a strategic leader like Damithan, who has contributed to our strong financial performance and the execution of key initiatives that resulted in substantially improved profitability and expanded margins," he added.-TradeArabia News Service
