Iyad Abdalrahim Named Group Chief Financial Officer of Dubai Properties Group

Published November 24th, 2010 - 09:54 GMT

Dubai Properties Group, one of the largest real estate businesses in the region and a member of Dubai Holding, today announced the appointment of Iyad Abdalrahim as its Group Chief Financial Officer.

In his new role, Abdalrahim will be responsible for financial strategy, financial planning and reporting, as well as the development and implementation of financial policies, systems and processes across the group.

Abdalrahim brings more than 20 years of experience in the finance industry across various business sectors to his new position. Prior to joining DPG, Iyad Abdalrahim was Managing Director of Finance for Depa Limited, an international company specializing in interiors contracting. His areas of speciality extend to contracting, construction, banking, restructuring and turnaround, budgeting and planning, IPO management, financial analysis and financial management on a multinational level.

Khalid Al Malik, Group Chief Executive Officer, Dubai Properties Group, said: "I am confident Iyad Abdalrahim will be an outstanding addition to the senior leadership team. He brings a depth of experience and insight to our company and his diverse background and skill set will be a great asset to our organization.

Abdalrahim has also worked as Senior Corporate Credit Officer and Acting Branch Manager for Standard Chartered Bank and as Senior Financial Analyst for the Palestine Development and Investment Co in Nablus, Palestine.

Speaking on his new appointment, Iyad Abdalrahim said: "I am pleased to accept such a prestigious position within DPG as it is one of the leading companies in the region. I am confident that my experience will compliment the talented management team, and hope to contribute to the company's continued success.

A graduate with a major in accounting and a minor in banking and finance from the Yarmouk University in Jordan, Abdalrahim also holds an MBA degree (with distinction) from the University of Wollongong in Dubai. He has served as an independent, non-executive audit committee chairman and member of Arabtec Holdings, one of the largest listed construction companies in the region based in UAE. In addition, he was the chairman of the Audit Committee of JWICO, a public listed company in Jordan. 

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