Abu Dhabi: Emirates Steel’s Board of Directors agreed at a meeting yesterday to appoint Engineer Saeed Ghumran Al Romaithi as the new Chief Executive Officer.
Commenting on the new appointment Engineer Suhail Mubarak Athaeeth Al Ameri, Chairman of Emirates Steel, said: ” Appointment of Saeed Al Romaithi comes as part of a clear and well-defined strategy to increase the numbers of UAE nationals within the workforce and to make benefit of high qualified cadres in leadership positions.” He added that “Al Romaithi and his colleagues have joined the company and handled a number of advanced assignments until they qualified for the new positions. Their promotion comes at a time when the Company is expanding rapidly and moving quickly to realize the goals and strategic ambitions of our leadership”.
According to the Company’s 2010-2015 strategic plan, half of the people working for Emirates Steel will be UAE nationals by 2015. Currently, 25 per cent of the workforce at Emirates Steel are UAE nationals.
On his appointment as CEO, Al Romaithi said, “I am honoured to be entrusted with this key position and to be given the opportunity to lead such a highly qualified team. Emirates Steel has already made its mark on the regional steel sector in just a few short years. Together, we will be focused on achieving even greater success to support the Emirate’s economic diversification initiative”.