Arab Today, arab today new chairman for etisalat in boardroom reshuffle
Last Updated : GMT 05:38:17
Arab Today, arab today
Arab Today, arab today

New chairman for Etisalat in boardroom reshuffle

Arab Today, arab today

Arab Today, arab today New chairman for Etisalat in boardroom reshuffle

Abu Dhabi - Arabstoday

Etisalat, the biggest telecommunications company in the country, yesterday appointed a new chairman and a host of board members as it continues to reconfigure its senior management. Eissa Mohammad Al Suwaidi will now head the board for Etisalat, which lost its monopoly when du began operations in 2007. He replaces Mohammad Omran, who joined 35 years ago, a year after the firm\'s establishment. Mr Omran has chaired Etisalat since 2005. The appointments were made under a decree from Sheikh Khalifa, President of the UAE. \"I look forward to further establishing Etisalat as the integrated telecommunication company of choice across our markets,\" Mr Al Suwaidi said in a statement. The company was going through a period of \"introspection\" as it tried to reap more from its existing overseas operations, said Nishit Lakhotia, a telecoms analyst at Bahrain\'s Securities and Investment Company. \"It\'s clear that they\'re getting a new team in place and they have a new strategy,\" he said. The company appointed Ahmad Abdulkarim Julfar as its new group chief executive in August last year to better direct its international strategy and also replaced its chief financial officer in December. Mr Al Suwaidi is the current chairman of Abu Dhabi Commercial Bank, an executive director at the Abu Dhabi Investment Council, and a director of Abu Dhabi National Oil Company for Distribution and the International Petroleum Investment Company. The Government also appointed six board members, three of whom had been elected previously. Many of the new board members have connections to the financial sector with two of the appointments also sitting on the board of Emirates NBD. Essa Kazim, the chairman and chief executive of the Dubai Financial Market, was also among the appointments. The new management arrives as Etisalat faces growing comeptition from its Dubai-based rival du. Etisalat also had to write off Dh1 billion (US$272.2 million) last yearafter losing its 2G mobile licensing rights in India in the wake of a corruption scandal in the country. Etisalat did not commit any wrongdoing in the affair but rather was a victim of the corruption. The company\'s shares were unchanged at Dh9.20 following the announcement. Etisalat is 60 per cent owned by the Emirates Investment Authority, a Government-owned investment fund.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today new chairman for etisalat in boardroom reshuffle Arab Today, arab today new chairman for etisalat in boardroom reshuffle

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today new chairman for etisalat in boardroom reshuffle Arab Today, arab today new chairman for etisalat in boardroom reshuffle

 



Arab Today, arab today
Arab Today, arab today Youssra depended on colored foam

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today EasyJet, Lufthansa among seven to bid

GMT 06:49 2017 Tuesday ,17 October

EasyJet, Lufthansa among seven to bid
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Fighters celebrate Raqa victory

GMT 06:07 2017 Wednesday ,18 October

Fighters celebrate Raqa victory
Arab Today, arab today Hiring not part of Alibaba pledge

GMT 11:26 2017 Wednesday ,18 October

Hiring not part of Alibaba pledge
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Sidem reveals plan to improve education

GMT 15:52 2017 Friday ,06 October

Sidem reveals plan to improve education
Arab Today, arab today British actress becomes fifth woman

GMT 18:15 2017 Monday ,16 October

British actress becomes fifth woman
Arab Today, arab today Climate-disrupting volcanoes helped topple

GMT 16:00 2017 Wednesday ,18 October

Climate-disrupting volcanoes helped topple
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Mercedes says recalls 400,000 UK cars

GMT 06:56 2017 Tuesday ,17 October

Mercedes says recalls 400,000 UK cars
Arab Today, arab today Britain's Vauxhall to cut 400 jobs

GMT 10:53 2017 Sunday ,15 October

Britain's Vauxhall to cut 400 jobs
Arab Today, arab today Dalal Abdel Aziz happy for “Seventh Neighbor”

GMT 09:31 2017 Monday ,16 October

Dalal Abdel Aziz happy for “Seventh Neighbor”
Arab Today, arab today Three killed, 360,000 without power

GMT 05:11 2017 Tuesday ,17 October

Three killed, 360,000 without power

GMT 12:33 2017 Friday ,13 October

Anoshka happy for reactions to her talk show

GMT 10:37 2017 Thursday ,12 October

Cara Delevingne accuses Weinstein

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 18:49 2017 Monday ,16 October

India to close colonial-era military farms

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 23:42 2017 Monday ,16 October

Better Marriages Make

GMT 07:02 2017 Sunday ,15 October

German minister sparks uproar

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 03:59 2017 Sunday ,15 October

US mobile carriers Sprint, T-Mobile to merge

GMT 11:37 2017 Saturday ,12 August

Fashion designer reveals her new collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday