Transguard plans major corporate restructuring
Dubai, June 18, 2014
Dubai-based Transguard Group, is set for a major corporate restructuring as it prepares to capitalise on potential business opportunities to develop its corporate portfolio throughout the UAE and the wider Gulf region.
The company, whose multidisciplinary operation spans numerous complementary business functions from facilities management and outsource manpower to security and cash services, is laying the groundwork for an aggressive business development campaign in the UAE.
Mike McGeever, former managing director who now serves in an executive director role, remains at the helm of Transguard’s strategic growth, moving away from the day-to-day operation to lead a special projects team responsible for identifying and converting regional market opportunities into new revenue streams.
“Over the last decade the Transguard Group has witnessed exponential growth and now manages over 24,000 staff and boasts a turnover of $210 million. As regional economies continue to prosper in the wake of the global downturn, we see significant growth prospects, especially in Abu Dhabi and our focus is on consolidating our market-leading position here in Dubai and maximising portfolio opportunities elsewhere,” said McGeever.
“To drive this strategy forward while maintaining the levels of operational service and quality that Transguard clients demand, we have strengthened the executive team with a number of key internal appointments and additional international expertise that I know will guarantee that, collectively, we are in a prime position to emulate the success of the last 10 years well into the next decade and beyond,” he added.
Other internal moves include the promotion of John Nolan to the role of managing director. He has been with the company since 2008, is a pivotal member of the leadership group and a Gulf market expert with almost 15 years regional experience.
The newly appointed chief operating officer Tim Popplewell and chief financial officer Tony Lloyd will report directly to Nolan. They join existing Transguard team member and chief support officer Alex De Oliveira.
Popplewell will oversee the strategic management and development of the group’s operational businesses and comes with extensive multinational experience, having worked across a diverse range of industries and market sectors in Australasia, Europe, Africa and the Middle East, with senior roles in major blue chip organisations as well as asset restructuring expertise.
Lloyd moves from Qatar with more than 13 years of international experience across diverse industry sectors including large-scale infrastructure and telecommunications, is combined with a proven track record in the investment arena, corporate governance and tendering. - TradeArabia News Service