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Arar, Abdulla and Hundleby

Mubadala expands leadership team at Strata

ABU DHABI, February 22, 2016

Mubadala Development Company, the Abu Dhabi-based investment and development company, has announced that its wholly-owned Strata Manufacturing has made a range of new leadership appointments.

Cyril Arar has been appointed as new chairman of the board of directors; Ismail Ali Abdulla becomes deputy chief executive officer; and Murray Hundleby becomes general counsel, a statement said.

Strata is an the advanced composite aero-structures manufacturing facility and the new appointments support its next phase of growth, including its expanding portfolio of products and capabilities for global original equipment manufacturers (OEMs).

Strata CEO Badr Al Olama said: “We are delighted to welcome Cyril, Ismail and Murray to the Strata family. All have a strong track record of leadership, robust business performance, and regional expertise. I have no doubt that they will have a positive impact on achieving our plan for continued development from day one.”

With the upcoming expansion of Strata’s manufacturing capabilities in Al Ain, Arar will replace Homaid Al Shemmari as chairman. Al Shemmari has led the board since Strata’s founding in 2010 and will continue to support Strata in his role as CEO of Aerospace & Engineering Services at Mubadala.

Arar has held various roles within the aerospace industry, most recently within Mubadala’s Aerospace and Engineering Service platform where he leads the unit’s defense services vertical. Prior to his role within Mubadala, he served as the CEO of Al Taif Technical services for over seven years and also as a lieutenant colonel in the UAE Armed Forces, specialising in life cycle management of land systems.

In his new role, Abdulla will be charged with building up capabilities for Strata's next phase of development and will also be responsible for guiding the commercial department, building management services, and overseeing business performance and risk management.

He is a senior member of Mubadala's Aerospace and Engineering Services platform, where he previously led the development of the Nibras Al Ain Aerospace Park. Ismail brings to the role nearly a decade of experience in finance and business development within the aerospace industry.

Hundleby has nearly 30 years of international industry experience across aviation, defence and manufacturing. With a proven ability to add strategic and financial value to complex businesses, he was most recently general counsel for Peabody Energy Australia, preceded by a decade long stint with the Boeing Company operating for periods at both its manufacturing headquarters in Seattle, US and in Australia.   -TradeArabia News Service




Tags: Mubadala | aerospace | Strata |

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