Page 22 - DUBAL HOLDING PR REPORT - JULY 2024

7/31/24, 1:47 PM Dubal Holding names new CEO for aluminium extrusion unit
Dubal Holding names new CEO for
aluminium extrusion unit

DUBAI, 1 days ago
Dubal Extrusion Investment (DEI), a wholly-owned
subsidiary of Dubal Holding, the investment arm of
Dubai government in the commodities and mining,
power, energy and industrial sectors, has
appointed Faisal Sarhan as the new chief
executive officer of OSE Industries, a local
aluminium extrusion company, wholly owned by
DEI.

Sarhan takes over the new role following the end
of CEO Magdy Samoul’s 14-year tenure at the
company. Samoul will now be transitioning to DEI,
where he will serve as an advisor focusing on the
strategy development and implementation of
projects.

An industry veteran, Sarhan brings a wealth of experience in leading strategic initiatives and implementing various
innovative solutions to enhance productivity and profitability in the field.

He joined OSE as its Deputy CEO in November last year and played a vital role in reinforcing the company’s
strategic leadership and operational excellence to drive its success.

Prior to this, he was with Emirates Global Aluminium (EGA), where he served in several major roles over a period of
18 years.

The leadership transition comes at a pivotal time as the aluminium extrusion industry is witnessing substantial growth
investments.

On his appointment, Sarhan said: "I am delighted to assume the new role of CEO at OSE Industries and anticipate
collaborating with our skilled team to further strengthen the company’s solid foundation and drive sustainable
growth."

In this new position, Sarhan will oversee all aspects of operations, drive business strategies and cultivate a culture of
innovation and excellence to efficiently navigate and capitalise on industry developments.

"My primary objective is to ensure maximum value for our stakeholders and establish OSE Industries as a leader in
the extrusion industry," he added.-TradeArabia News Service

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