Damas International Limited (Damas), the leading retail jewellery company in the Middle East, announced today the appointment of Anan Fakhreddin as Chief Executive Officer of the company. He is also a member of the Board of Directors of Damas International Limited.
Most recently, Mr. Fakhreddin served as the Dubai-based Managing Director for the Middle East and Turkey at the World Gold Council. Previously, he worked with the Diamond Trading Company (a De Beers Group company) for nine years, covering the GCC region.
He started his professional career with American Express International and held the position of Regional Manager in Saudi Arabia. He holds a BA in Business Administration from Yarmouk University in Jordan.
Mr. Fakhreddin replaces Sanjay Kalsi, who held the position of Interim Acting Chief Executive Officer of the company. Mr. Kalsi will resume his previous responsibilities as Chief Financial Officer of Damas.
"I am delighted to have taken on this role at one of the oldest and most significant retail companies in the region at a time of renewal and transition," said Mr. Fakhreddin. "Damas has a rich heritage of excellence across all its business lines, and this is the legacy we will look to build upon.
“I look forward to joining a team of highly specialized and motivated professionals to further enhance our product line and customer service channels, while identifying expansion opportunities in growth markets,” he said. “I am confident that with the support and insight of my colleagues, we will continue to develop Damas as a global leader in the retail jewellery trade.”
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