ABU DHABI, UAE – EDGE Group has announced that Hamad Al Marar will be its new Managing Director & CEO, effective from February 1 2024.
Al Marar transitions into his new role at the helm of EDGE following four years within the group’s senior management team, where he was president of the missiles & weapons cluster, a press release said.
He succeeds Mansour AlMulla, who is returning to ADQ Group following a successful two-year managerial secondment to EDGE.
In his new position, Al Marar will utilize his leadership skills and experience within the UAE’s defense industry to guide the group into the next phase of its evolution as one of the world’s leading advanced technology and defense groups.
He will be responsible for its commercial and strategic direction as it significantly diversifies its portfolio of technologically advanced solutions and services, and expands its capabilities across multiple domains in the defense and civilian spheres.
Faisal Al Bannai, chairman of EDGE Group said, “Al Marar has superbly led the missiles & weapons cluster as its president, and had previous senior leadership roles within the industry.”
He said that Al Marar will lead the group to a new era of global growth.
He added, “EDGE will take its place as a world leader in the design and manufacture of next-generation products, solutions, and services across the air, land, sea, and space domains.”
EDGE has entered 2024 as a fast-growing and dynamic grouping of 25 companies, with an expanded portfolio of 160 advanced solutions and services, the release added.
It has a workforce of over 10,000 highly skilled employees of 88 nationalities, a footprint in over 50 countries, and a local and international orderbook of over US$5 billion, a third of which was in export sales.