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The Wave, Muscat names new COO

Muscat, October 29, 2008

The Wave, Muscat has announced the appointment of Stuart Ingram, a real estate veteran, as its new chief operating officer.

The Wave, Muscat, is being developed through a joint venture comprising Oman’s Waterfront Investments (representing the Government of the Sultanate of Oman), National Investment funds Company (representing the Omani Pension Funds), and the UAE-based Majid Al Futtaim Group.

In his new role, Ingram will focus on delivery of the mixed use development and lend his extensive expertise in real estate projects to give further momentum to The Wave, Muscat project. 

Ingram, a chartered engineer, has over 16 years of experience in international real estate development projects.

Initially trained as a multi disciplinary design consultant within regional and international design offices, he has acted as a client’s representative on several significant projects.

Prior to his promotion, Ingram had handled the portfolio of vice-president project management at The Wave, Muscat for 10 months.

Welcoming Ingram, Nick Smith, CEO, The Wave, Muscat said, "During the past 10 months Stuart has proven himself to be an invaluable part of the management team and I am delighted to be able to announce his promotion to the position of COO."

He brings with him a wealth of international experience and expertise which will be fully utilised in ensuring that the project continues to be delivered on time, creating the new heart of Muscat.

Commenting on his appointment, Ingram said: "I am extremely pleased to take on this new role at The Wave, Muscat. This is a very exciting period for the project as we begin to hand over the first properties to the home owners from Phase 1 of the development."

"The next challenge is to progress the golf, marina, retail and hotel components of the Wave Muscat, to supplement the ongoing residential completions and provide a world class lifestyle to our new residents."

"The Wave, Muscat also lays a significant amount of emphasis on "green" initiatives to its design and development, including energy efficient modules for construction structure, adopting best practice principles in creating green spaces, innovative approaches to landscaping techniques and adopting sustainable techniques for recycling water," he added.

"I have a keen interest in emphasizing the significant contribution that 'Green initiatives' play in shaping a real estate development."

"My efforts shall be geared towards The Wave, Muscat applying for accreditation from the Leadership in Energy and Environmental Design where appropriate as this recognition is especially important to us," he added.-TradeArabia News Service




Tags: appointment | Wave Muscat |

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