Saeed Al Qatami appointed Acting CEO of Deyaar

Published April 11th, 2010 - 09:20 GMT

Deyaar Development PJSC, a regional real estate company dedicated to innovation, customer care and long-term sustainability, announced today the appointment of Saeed Al Qatami as Acting Chief Executive Officer. The appointment is part of an ongoing management restructuring being undertaken in line with the company’s long-term strategic objectives.

Deyaar made this announcement following a resolution by the company’s Board of Directors approving the appointment of Al Qatami to this position, while also approving the dismissal of the previous Chief Executive Officer, Markus Giebel, with immediate effect.

Al Qatami, who has served at Deyaar since 2007, most recently held the title of Vice President – Business Development at the Dubai-headquartered property developer. In that role, he was primarily responsible for developing Deyaar’s business portfolio in the UAE. Al Qatami previously held a range of managerial positions at Dubai Islamic Bank, including Head of Wealth Management. Earlier, he served at Standard Chartered Bank in the UAE.

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