Transguard Group expands Board of Directors
Appoints four new directors, adding senior-level expertise to drive future growth
Dubai, United Arab Emirates, 16 September 2022 – Transguard Group, a joint venture between the Emirates Group and Al Hail Holding, and the UAE’s leading provider of business support and outsourcing services, has appointed four new Directors to its board, signalling its commitment to future growth with the addition of senior executives from both shareholders.
HH Sheikh Ahmed bin Saeed Al Maktoum, Transguard Group’s Chairman of the Board, said: “Transguard Group welcomes our new board directors whose addition expands the depth and breadth of expertise to steer the business through a new phase of growth. The Group has gone through a period of rapid expansion, alongside record revenue and profit, in the years before COVID-19, which temporarily slowed down growth in 2020-21. With the UAE’s excellent pandemic management strategies, business has rebounded strongly since 2021-22 and Transguard is expecting this upward trend to continue, aided by its solid reputation, as well as business and operational foundations. Across business streams – from cash, security, aviation, hospitality, workforce outsourcing, last mile delivery, home maintenance and facilities management services – the Group looks forward to executing its growth strategy with the support of its expanded Board.”
Transguard Group is committed to continue developing its business capabilities by investing in its workforce and technologies to deliver market-leading services to its customers, and maintain its leadership position in the UAE.
The appointment of the following Directors is effective immediately:
Michael Doersam, Chief Financial Officer at the Emirates Group, who brings over 30 years of experience from different roles in Europe and the UAE spanning the areas of finance strategy, financial reporting, treasury and insurance, FP&A, taxation, and global financial services.
Nidal Khatib, Chief Financial Officer at Al Hail Holding, who brings nearly 30 years of experience in finance, accounting, cost control, systems, audit, tax, treasury & foreign exchange in companies engaged in retail, manufacturing, real estate, trading, operation, and other industries.
Adnan Kazim, Chief Commercial Officer at Emirates airline, who brings over 30 years of experience in the aviation industry spanning strategy, planning, commercial operations, market expansion and government relations.
Shahreyar Nawabi, General Counsel Emirates & Group Data Privacy Officer, who brings over 20 years of experience on legal, compliance and governance matters spanning a variety of industries and geographies in both private and government sectors.
The directors will work closely with HH Sheikh Ahmed bin Saeed Al Maktoum; Hamad Darwish, CEO of Al Hail Holding; and Mohammed Almazrouei, COO of Al Hail Holding; who continue in their roles as directors on the board of Transguard Group.