Emaar appoints Corporate Governance & Investor Relations head

Dubai, UAE, November 15, 2006: Global real estate major Emaar Properties has appointed UAE national Arif Mohammed Hadi Amiri as Head of Corporate Governance and Investor Relations. 

A banking professional with more than a decade of experience, Amiri holds a Bachelor Degree in Aviation Business Administration from the Embry Riddle Aeronautical University, Daytona Beach, USA; and an Executive Management Diploma in Marketing Strategy and Executive Diploma in Organization Behavior from the University of Cambridge, UK. Earlier, as Corporate and Institutional Banking Manager at HSBC Middle East, Arif was responsible for enhancing profitability, sales and market share through the development and execution of tactical sales plans.  His competencies include strategic planning, risk management, executive leadership and supervision, marketing and sales leadership and business development, among others.  

“Effective corporate governance is crucial in determining the direction that any company will take,” said Mr Mohamed Ali Alabbar, Chairman, Emaar Properties. “Apart from outlining processes, customs and policies that shape the administration and control of the company, the head of Corporate Governance must also build relationships between three key players - the stakeholders, management and board of directors. Arif’s extensive experience in the banking sector will enable him to strategise policies not only from an economic efficiency perspective but also from the stakeholder view of bringing in more accountability.”

Amiri will play an active role in meeting the company’s stated Vision 2010 of becoming one of the most valuable companies in the world through innovative business solutions and strategies.

“For me, while there is an obvious switch from banking to property development, the basic work philosophy remains the same: Ensure that Emaar’s corporate governance is aligned to boost productivity and efficiency,” said Arif Mohamed Hadi Amiri. “We will have comprehensive corporate governance principles in place to monitor whether the overall results are in accordance with the plans and keep the team motivated to attain projected goals.”

Emaar has several UAE nationals on key senior managerial positions underscoring the important role they play in building the prospects of the company and the country.