Depa names new board directors
Dubai, December 9, 2013
Depa Limited, one of the world’s leading interior contracting companies, has appointed Roderick Maciver and Fahad Al Nabet as the independent non-executive directors to the company’s board.
The development comes following the resignation of board mambers Mohannad Sweid and Fawaz Al Hokair, said a company statement.
Maciver has had a long and distinguished career in the construction industry. He is currently an advisor to the Consolidated Contractors Company, one of the Middle East’s largest construction firms.
Prior to this, Maciver spent around ten years with Carillion International becoming a director of the firm in 2007 having been managing director of Operations, Mena. Maciver started his career at George Wimpey & Co Limited, after which he spent three years with Tarmac International in the late 1990s.
Al Nabet is a senior counselor in his own legal practice located in Riyadh. He has over 12 years of experience in litigation, corporate law, corporate governance and business transactions. He studied law at King Saud University.
Commenting on the appointment, Hasan Abdullah Ismaik, the chairman of Depa Limited, said: “These two new hires complete a very strong board of directors, all of whom are business leaders in their own right. Together we will take the business forward into the next phase of its growth strategy.”-TradeArabia News Service