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Dubai DutyFree appointed its COO Ramesh Cidambi (LinkedIn) as managing director, while the company’s joint COO Salah Tahlak (LinkedIn) was appointed as deputy managing director, effective 1 June, according to a company statement. The duo replaces executive vice chairman and CEO of the company Colm McLoughlin (LinkedIn), who is stepping down after 41 years at Dubai Duty Free, and 55 years in the travel retail industry. McLoughlin will still maintain an advisory role at the company, and serve as chairman of the Dubai Duty Free Foundation.
Ajman Bank has elected Sheikh Ammar Bin Humaid AlNuaimi as chairman of its board, and Sheikh Rashed Bin Humaid AlNuaimi as vice chairman, according to a DFM disclosure (pdf).
