Drake & Scull appoints Abdulla Atatreh as chairman

Dubai-based contractor Drake & Scull International PJSC (DSI) has appointed Abdulla Atatreh as the new chairman and managing director on Wednesday, the company said after its newly-elected board members convened on Tuesday.

The board also appointed Ahmed Saeed Al Hamiri as vice-chairman and Abdulla Fareed Algurg as new board member, in place of Majid Al Ghurair who resigned last week.

“The first official act of the new board of directors is to position the company for new growth by establishing and following strict governance standards across all operating sectors to ensure consistent transparency, control and quality,” Atatreh said.

“We want to adopt the right corporate mindset to ensure the swift and efficient completion of the Group’s turnaround strategy, which is currently in the final stages of the capital restructuring phase.”