Page 9 - KAEC PR REPORT - APRIL 2024

4/22/24, 8:14 AM Abdulaziz Alnowaiser appointed CEO, Emaar, The Economic City - LogisticsGulf
With his extensive background Emaar-The Economic City
in turnaround, finance and
corporate governance,

Alnowaiser has been appointed for his ability to drive the execution of

the Company’s long-term strategic vision. Additionally, the current
CEO, Eng. Cyril Piaia, has been appointed as an Advisor to the new
CEO.

Alnowaiser will be mandated by the Board to bring strategic insight to
EEC and KAEC’s long-term planning, fostering innovation and

sustainable development across the organization and the City.

Executive experience

With more than two decades of Board-level and executive experience,

his most recent role was the CEO of Tahakom Investments Co., a
wholly-owned Company of the Public Investment Fund with several

subsidiaries across different sectors including technology, aviation,
traffic management, travel & visa solutions, human resources and real

estate investments.

Alnowaiser is currently the Chairman of the Board and the Executive

Committee at Tawuniya Insurance Company since 2020 and was a
Board Member from 2015 to 2019. He also was a member of the

Board and Board Committees of several other listed and non-listed
companies.

“The appointment of Alnowaiser as CEO is an important moment for
both EEC and KAEC as we pursue the implementation of our

ambitious long-term strategy. His leadership skills and diverse
professional experience are precisely the attributes EEC and KAEC

require to achieve their operational, financial and strategic goals,”
commented Fahad AlSaif, Chairman, EEC.

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