Al Ghurair Investment LLC, one of the UAE’s largest conglomerates, today announced the appointment of Constantin Salameh as group CEO.
Salameh joins from Abu Dhabi’s Abdulla Al Masaood & Sons, a private group with diversified operating companies. He was formerly COO at National Holding, the Abu Dhabi government investment firm behind Abu Dhabi’s Bloom Properties and Exceed Industries.
HE Abdul Aziz Al Ghurair, chairman of Al Ghurair Investment LLC said the group CEO appointment was part of a strategy to enhance business capabilities.
“Given the diversity of our operations, it was significant to appoint a group CEO. Each of our sectors has its own CEO and, in challenging times, they should be allowed to focus solely on their own areas of expertise.”
“We therefore sought after an individual of proven ability who had direct experience in helping complex, multi-dimensional companies achieve their goals.”
Salameh will lead multiple business units for the billion dollar group including foods, construction, resources, properties, energy, and retail.