Aramex, the global logistics and transportation solutions provider, said on Tuesday chief operating officer Osama Fattaleh resigned to pursue personal business interests, after more than 20 years with the company.

Iyad Kamal, who has worked with the company for 18 years will replace Fattaleh, who will remain with Aramex till the end of April 2010.
"I have reluctantly and sadly accepted Osama's resignation, but I understand his decision and I stand by him," said Fadi Ghandour, founder and CEO, Aramex.

"Other than his great contributions to the company and its development over the years, Osama is a friend and a trusted colleague, we will all miss him."

"After long deliberations and discussions with Fadi, I am sad to be leaving Aramex," Fattaleh said.

"I had a very productive 23 years with the company, and I am proud to have contributed to its growth and development. I leave with great confidence that the company is on solid grounds, having delivered excellent results in 2009 and is set to continue in its path of expansion.”

“I am also very happy to have Iyad Kamal take over as COO, who is a very capable veteran of the company,” he added.

Kamal has been part of the Aramex team since 1991 and has served as chief logistics officer for the past three years. Prior to his latest position, Kamal served the company in numerous capacities including vice president - logistics and ground services, general manager logistics, and express product and quality manager.

"Iyad comes into this new post with an ideal set of skills and experience, and I have no doubt that he will build on Osama's achievements," remarked Ghandour.

Fattaleh remarked that he is looking forward to walking down the path of entrepreneurship, which Aramex has always believed in and advocated for.

"For years, we at the company have talked about supporting entrepreneurship. Today, I have decided to walk that talk while utilising all the knowledge I have acquired over the years working with Aramex and in the industry," Fattaleh said. – Reuters