Ras Al Khaimah Investment Authority (Rakia) has appointed Ramy Jallad as acting chief executive officer (CEO), replacing Rino Sabatino who has resigned from his role as CEO of Rakia.

Jallad will continue in his role as the acting CEO of RAK FTZ.

Jallad has held leadership roles in government and private enterprises both locally and internationally in a career spanning over two decades.

“We are pleased to appoint Ramy Jallad as the acting CEO of Ras Al Khaimah Investment Authority, while still retaining the position of acting CEO for Ras Al Khaimah Free Trade Zone,” said Sheikh Ahmad Bin Saqr Al Qasimi, chairman of Rakia and RAK FTZ.

“Ras Al Khaimah Investment Authority now follows the board’s and CEO’s mandate to ensure that it operates in the most efficient manner to best service its customers and grow its contribution to the economy of Ras Al Khaimah. We believe that Jallad has the right combination of skills and experience to assume the day-to-day management of the organization and provide the leadership necessary to fully develop its potential,” he added.

Jallad has assured the Rakia’s clients that, during this period, they will continue to enjoy high-quality business experience and support services that they are used to.

“Our day-to-day operations will continue as usual and we will seek to attract new clients from all over the world as well as strengthen the relationships we have with the more than 7,000 companies that call Rakia their investment home,” Jallad said. – TradeArabia News Service