Dubai, UAE — Dubai-based conglomerate Majid Al Futtaim Holding has appointed Ahmed Galal Ismail as its chief executive officer.
Ismail has replaced Alain Bejjani, who served the company for eight years.
As chief executive officer of Majid Al Futtaim – Properties, Ismail has been responsible for Majid Al Futtaim’s malls, hotels, communities and project management operations since 2018.
He previously served as CEO of Majid Al Futtaim – Ventures and VP Strategy of Majid Al Futtaim – Holding.
“I am committed to building on our strong, customer-focused strategy that has allowed us to deliver sustained growth. Our prudent financial discipline and strong governance mean that we are well-positioned to remain focused on sustainable value creation and creating great moments for everyone, everyday,” Ismail said.
Majid Al Futtaim reported revenue of AED 18 billion for the first half of 2022, an increase of 15 per cent compared to the same period during 2021.
