Kuwait-based telco Zain Group has announced two senior appointments amidst its “ongoing restructuring and consolidation process”.
Zain Jordan CEO Dr. Abdul Malek Al Jaber will become Group COO, while keeping his current position. Zain Kuwait CEO, Khalid…
Kuwait-based telco Zain Group has announced two senior appointments amidst its “ongoing restructuring and consolidation process”.
Zain Jordan CEO Dr. Abdul Malek Al Jaber will become Group COO, while keeping his current position. Zain Kuwait CEO, Khalid Al Omar, meanwhile, will keep his current role and become Group CTO, a position he previously held.
Zain Group CEO Nabeel Bin Salamah welcomed the appointment of the two “highly capable” executives, adding that they would contribute to making Zain the “lean and efficient corporate entity we envisage”.
Dr Al Jaber has been at Zain Jordan CEO since July 2009, before which time he was vice-chairman and CEO of Palestinian telco Paltel Group for six years. He is also a member of the Arab Business Council, the World Economic Forum, The Arab Technology Forum, The Young Presidents Organization and regional board member of the Young Arab Leaders Organization.
Khalid Al Omar has been at Zain since 1986, rising through the ranks to become Zain Group COO and then CTO from November 2008 and June 2010, at which time he was named Kuwait CEO. He has also played a leading role in implementing and launching the Atheer project in Iraq, which established a mobile network in the Southern region and in Baghdad, creating the country’s largest microwave backbone.
Last month, Zain announced that COO Barrak al-Subaith is to step down due to “personal commitments”, which is the same reason given by chief strategy and business development officer Haitham al-Khaled, and also Salah al-Fouzan, who advises CEO Nabil Bin Salama.
Zain’s US$11.7bn sale of a 46% stake in itself to Etisalat appeared to take a step forward yesterday, when Zain Group agreed to sell its 25% stake in Saudi unit Zain KSA to Bahraini incumbent Batelco and Saudi investment group Kingdom Holding.
