Dubai’s Emaar Properties appoints new group CEO
Originally published in Gulf Business by Aarti Nagraj (link below)
Amit Jain, the company’s group chief operating officer, has been named CEO
Dubai developer Emaar Properties has appointed Amit Jain as its new group CEO, it announced on Wednesday.
In a brief bourse statement, Emaar said that Jain – the company’s group chief operating officer – will assume his new role immediately.
Jain, who joined company in 2006 was also serving as the CEO of Emaar Dubai and was previously the executive director – Finance and group CFO of Emaar.
He was also made acting CEO in April 2016 after Emaar’s former CEO Abdullah Lahej left the company.
The new appointment comes even as Emaar announced earlier this month that it plans to list 30 per cent of its UAE real estate development business on the Dubai Financial Market (DFM).