Dubai Holding revamps Tecom leadership

Dubai - The changes also include the appointment of Ayesha Sultan as Group CEO of Tecom to lead the implementation of the group's new strategy.

Dubai Holding has announced board changes and leadership appointments in Tecom Group.
These include promoting Dr Amina Al Rustamani to chairperson of Tecom to lead a new phase of development in 10 business communities dedicated for information technology, design, media, education, industrial sector, transport and logistics, trade and life sciences within Dubai Holding.
The changes also include the appointment of Ayesha Sultan as Group CEO of Tecom to lead the implementation of the group's new strategy.
Dubai Holding also announced the addition of a new business vertical under the name 'family entertainment and new media', which will manage projects worth Dh10 billion during the next five years under the leadership of Mohamed Almulla.
The new vertical will oversee projects that include Global Village, Arab Media Group and implement a strategic plan to develop new family destinations and build new international production business communities specialised in new media, which will position Dubai as an international hub for digital production in all languages.
Mohammad Abdulla Al Gergawi, chairman of Dubai Holding, said: "Since its establishment, Dubai Holding has worked on creating an integrated system to build and equip UAE nationals who are capable of leading movements of change across businesses of the Group. Dubai Holding has a wealth of local talent that are capable of launching unique projects that support national economy."
He added: "These new changes come in preparation for a new phase of development across the Group's businesses. This will see Dubai Holding further its growth in existing sectors, add new sectors and strengthen investments in a range of knowledge-based sectors that will contribute to strengthening national economy and maintain strong income sources in the coming years."
Dubai Holding grew its net profit by 25 per cent in 2015 reaching over Dh5 billion.
"We will add new sectors to our businesses to adapt with global economic variables and to achieve our goal of Dh10 billion profits during the next five years, and support our national economy with over 100,000 specialised experts in innovation, knowledge and creativity," Al Gergawi added.
Dubai Holding operates in 24 countries around the world, through three leading business verticals, comprising Tecom Group, Jumeirah Group and Dubai Properties Group.
Dr Al Rustamani has served as CEO since 2005. She is a member of the National Media Council and Dubai Media Incorporated in recognition of her role as one of the main influencing pillars in the local media scene, given her contribution to overseeing three of the largest media projects in the country, which include Dubai Media City, Dubai Studio City and Dubai Production City.
Ayesha Sultan has served as an independent board member of Tecom since 2012. She joins from DP World where she worked for more than 12 years as director of corporate strategy. Prior to that, Sultan worked for B A Consulting Group in the UK and France.
Almulla is CEO of Family Entertainment and New Media. Previously, he was the CEO of Arab Media Group. Almulla joined Arab Media Group in 2008, overseeing all aspects of the group, which comprises three major business units; Arabian Radio Network, Done Events and Global Village. Prior to this, Almulla held several leadership positions within Tecom between 2001 and 2008, including executive director of Dubai Media City.
- business@khaleejtimes.com