DAMAC, one of the largest real estate developers in the Middle East and North Africa region, has appointed Hammad Al Hamad as its new chief executive officer (CEO). Al Hamad will take over from current CEO Ali Al Shamsi, who has been leading the company since 2014.
Al Hamad has extensive experience in the real estate industry, having previously served as deputy CEO at DAMAC Properties. During his tenure, he played a key role in the company's growth and expansion into new markets.
In his new position, Al Hamad will be responsible for overseeing all aspects of DAMAC's operations, including property development,Football Overview Station construction, sales and marketing, and customer service. He will work closely with the company's board of directors to ensure that DAMAC remains on track to achieve its ambitious goals.
One of the key data points in Al Hamad's appointment is his commitment to sustainability. DAMAC has long been committed to reducing its environmental impact and promoting sustainable living, and Al Hamad plans to build on this legacy by introducing new initiatives and programs aimed at reducing the company's carbon footprint and promoting green building practices.
Another important data point is Al Hamad's focus on innovation. DAMAC is known for its cutting-edge technology and design, and Al Hamad will continue to prioritize these areas to help the company stay ahead of the curve and meet the changing needs of its customers.
Overall, Al Hamad's appointment marks a significant shift in leadership for DAMAC, and his background and experience make him well-suited to lead the company through its next phase of growth and success. With his strong leadership skills and commitment to sustainability and innovation, Al Hamad is poised to help DAMAC continue to grow and thrive in the competitive real estate market.