News : Dubai's Emaar Announces Major Shake-up to Drive Growth
Dec 31, 2014 -- Dubai-based developer Emaar Properties announced a major organisational shake-up aimed at powering growth with a focus on project management, delivery and customer service.
A number of new senior appointments have been made across the company, with a priority to manage and deliver projects, Emaar said in a statement.
Mohamed Alabbar, chairman, said the new structure draws on the Dubai Plan 2021 announced by Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President and Prime Minister and Ruler of Dubai.
Alabbar said that Emaar will continue to develop prime real estate assets in its home-market of Dubai and other high-growth international markets, as well as strengthen its competencies in shopping malls and retail, and hospitality and leisure.
He said: "As Dubai builds its future as a smart, sustainable city and a preferred place to live, work and visit, Emaar is creating a fresh template for its sustained growth and value creation.
He added that among the key strategic directions defined by the new structure are "concerted efforts" to strengthen project management in Dubai, with a new executive appointed to head Emaar’s Project Planning & Programming Department.
Emaar has also established a Customer Relationship Management department, which will be responsible for developing customer loyalty to the company’s products and services.
Noel Madigan will head the Project Planning & Programming Department while Khalid Dalil has been appointed as head of the Customer Relationship Management Department, Emaar said.
Emaar’s new organisation structure includes Amit Jain who has been promoted to group chief operations officer and CEO - Emaar Dubai. He will be responsible for the overall operations and financial matters for the Group with a special focus on the Dubai operations.
Other senior managers of Emaar include Mohamed El Dahan & Ozan Balaban (CEOs – Regional); Ahmed Al Falasi (executive director – Group Operations); Osama Sabboubeh (executive director – Projects Dubai); Osama Abou El-enain (executive director – Development Dubai) and Rasha Hassan (chief commercial officer).
Emaar said it has also appointed Clare Elliot as Group Head of Human Resources.
Additionally, Emaar said Deepak Jain, formerly regional director for strategy – MENA at Jones Lang LaSalle, will join as chief strategy officer in January.
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Fred Durie, formerly CEO of Emaar International, will continue to serve on the boards of Emaar joint ventures in Jordan and India.
Robert Booth, who has been serving as CEO – Emaar Real Estate Dubai, will continue to work with the company in an advisory capacity to the Emaar chairman.
"The organisational structure highlights our strategy of honouring merit and encouraging talented professionals to join us in our ambitious growth journey," said Alabbar. "Our iconic projects in Dubai are the result of global collaborations with some of the world’s brightest talents."
Posted by Veronica Silva Cusi, news correspondent
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About Emaar Properties:
Emaar Properties is a real estate development company located in the United Arab Emirates. It is a public joint-stock company and is listed on the Dubai Financial Market as DFM: EMAAR.
Published: Monday, January 5, 2015