DOHA: Mazaya Qatar Real Estate Development QSC has appointed Hamad bin Ali Al Hedfa (pictured) as CEO, succeeding Seraj Al Baker in a new step that the company believes will strengthen its efforts in bringing distinctive competencies to its workforce and help meet its corporate requirements. The changeover is expected to take place today, a press statement said yesterday.
Members of the Mazaya Qatar Board have all expressed their appreciation for the valued role and efforts that Al Baker put into the position, and wished him the best in all his future endeavours. Al Hedfa pledged to work on the expansion of the company’s local and regional investments.
On the occasion of the announcement, Rashid Fahed Al Naimi, Chairman of the Company, said: “The Mazaya Qatar Board of Directors (BoD) is keen to support and value the nation’s young and creative talent, giving them the opportunity to confirm their capabilities in the top management levels of our company. I’m glad to express the pleasure of the Board with this decision since it is consistent with the policy of the company to support this objective of investing in talented Qataris.
“Al Hedfa has strategic and leadership experience in managing companies and projects, and boasts extensive knowledge in the local and international real estate markets. This decision also highlight our deep faith that young Qatari competencies are the ideal ones to create an added value to our company and its shareholders, and that the national affiliation, bolstered by experience, professionalism and constructive spirit, is the key factor in our institutional development and growth.”
For his part, the new CEO said: “I would like to thank the distinguished BoD for granting me this trust, I will make sure with great faith that I will do my best to contribute to the development and growth of our company, to maintain and expand its position, and to succeed in the evolution of its projects and investments locally and internationally”.
He has considerable technical and managerial experience, which he gained during his graduation in several positions, including at Qatar Gas. Al Hedfa received a bachelor’s degree with honors in Engineering from the University of Texas A&M in the US.
The Peninsula
