Select Group, a key real estate and property development company, has announced a significant transition in its leadership structure with its Founder Rahail Aslam stepping away from his role as chief executive officer to assume the position of Chairman and Israr Liaqat being appointed as the new Group CEO, thus bringing a wealth of experience and a deep commitment to advancing its strategic vision and long-term sustainability.

 

Since its inception, Select Group has built a diverse portfolio of investments in the UAE and globally, establishing itself as one of the leading real estate developers in the region.

 

The group’s portfolio boasts gross development value exceeding $9.6 billion, with investments spanning various sectors, including hospitality, retail, sports, wellness and technology.

 

This leadership shift aligns with the group’s long-term growth and sustainability objectives, reflecting Aslam’s global vision for the company.

 

Liaqat joined Select Group in 2016 as chief financial officer, where his wealth of experience from previous leadership roles in the UAE and abroad played a pivotal role in shaping the company’s strategy and expanding its operations and investment portfolio. 

 

Commenting on his new role, he said: "These are exciting times for Select Group. I am honoured to lead the Group at this pivotal moment as we actively pursue numerous opportunities that will enhance our trajectory towards sustainable growth."

 

Aslam’s transition to Chairman follows 22 years of dedicated service as CEO, during which he played a crucial role in every significant decision and investment made by the group. 

 

As Chairman, he will continue to engage in strategic decision-making and has expressed strong confidence in Liaqat’s leadership.

 

"These leadership changes are essential for ensuring the sustainable growth of the Group, and I am confident that Israr will lead the team in driving further development and opportunities for Select Group," he added.-TradeArabia News Service