Agthia Elects New Chairman

Agthia Elects New Chairman

 

  • E. Khalifa Sultan Al Suwaidi is also Chief Investment Officer at ADQ
  • Seven New Board Members elected for three-year term

 

Abu Dhabi, UAE, May 07, 2020 – Agthia Group PJSC, one of the region’s leading food and beverages companies has announced the election of H.E. Khalifa Sultan Al Suwaidi as Chairman of its Board of Directors. In addition, six new board members were elected for a three-year term following election results revealed during the company’s Annual General Meeting.

 

H.E. Khalifa Sultan Al Suwaidi, Chief Investment Officer at ADQ, manages ADQ’s portfolio of assets in the Utilities, Industries, Logistics and Food & Agriculture sectors to deliver long-term growth and value. He brings a broad set of skills and experience to his additional role through serving on multiple boards and in other senior capacities across a variety of Abu Dhabi government assets.

 

H.E. Khalifa Al Suwaidi, Agthia Group Chairman, said, “Agthia Group continues to expand its operations and interests across regional markets as well as diversifying its product range within the food and beverages industry. Agthia is an important member of the ADQ portfolio of companies, and industries such as agri-food are ushering in a new era of innovation and sustainability, supporting the UAE’s success and Abu Dhabi’s Ghadan 21 programme. Working together with our newly elected Board members and the Company’s leadership, we will endeavor to guide and support the company to achieve further growth.”

 

H.E. Salmeen Obaid Alameri, who has been elected Vice Chairman of Agthia, also holds the position of Chief Executive Officer at Al Dahra Agriculture and has more than 20 years of commercial and operational management expertise, notably in the feed and food sector. In his current role at Al Dahra, Alameri oversees global logistics, drives business growth within the Human Food division, as well as manages the global expansion of product lines and new geographies for the company.

 

H.E. Eng. Jamal Salem Al Dhaheri, Agthia Group Acting CEO, said, “We thank our previous Chairman and Board members for their dedication and wisdom, and we are delighted to welcome our new Chairman and Board who will lead us in the next stage of our journey. We are privileged to have people with such depth of industry and sector knowledge and insight to lead us in our future growth.”

 

In addition to Aghtia’s newly appointed Chairman and Vice Chairman, the remaining Board members include:

 

The five other new Agthia Board members elected are:

 

HE Khalaf Al Hammadi brings over 25 years of executive management experience in government and semi-government sectors, and in his current position as Director General of Abu Dhabi Retirement Pensions Benefits Fund.

 

H.E. Khamis Mohamed Al-Shamsi was reelected to serve another term on Agthia Group’s Board. Over 30 years he has held various distinguished leadership positions in the banking and finance sector.

 

Mr. Saifuddin Rupawala currently serves as Chief Executive Officer of LuLu Group International, where he spearheads global expansion efforts within the consumer goods retail sector.

 

Mr. Gianluca Fabbri is Group Chief Financial Officer of Al Dahra and brings with him expertise in the agribusiness managing large finance teams and partnering with stakeholders including governments, banks, suppliers, shareholders, and customers.

 

Mr. Gil Adotevi is Investment Director for Food and Agri sector at ADQ, and brings with him expertise in managing a portfolio of investments within the food and agriculture sectors of large asset management and investment corporations.

 

END

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