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Dubai-based air services provider Dnata has appointed Clive Sauvé-Hopkins (LinkedIn) as senior vice president of its airport operations division, according to a statement. Hopkins will oversee dnata’s ground handling and cargo operations at 97 airports in 16 countries. Hopkins has held several senior leadership positions with Swissport, Servisair, Aviapartner, Qatar Airways, and the Abu Dhabi Developmental Holding Company, according to the press release.
Shuaa Capital Chairman Fadhel Al Ali has stepped down after five years in the position, according to a DFM disclosure (pdf). Three independent board members were also re-elected: Badr Al Olama (LinkedIn), Ahmed Al Ahmadi (LinkedIn), and Hamda AlMheiri.
REMEMBER: Shuaa Capital reached an agreement with its bondholders to restructure some USD 150 mn in outstanding bonds owed by a special purpose vehicle it owns. The restructuring agreement came as the investment bank is pushing through a wider restructuring that it says is a checkpoint on the road to a “capital injection that will restore business stability and continuity,” after its net losses deepened fivefold over the past year. Shuaa had also said following the debt restructuring agreement it is “putting in place a new management team and is working to complete its capital optimization plan imminently.”
Dubai Crown Prince Sheikh Hamdan bin Mohamed Al Maktoum has tapped Muna Al Marzooqi (LinkedIn) as Dubai Health Authority’s CEO of corporate shared support services, according to Al Bayan. Al Marzooqi was previously head of the Federal Tax Authority’s institutional excellence division.
Amlak Finance tapped Jamal Hamed Almarri as chairman, while Shaker Fareed Zainal (LinkedIn) was named vice chairman, a DFM disclosure (pdf) reads.
