Page 41 - DUBAL HOLDING PR REPORT - JULY 2024

DUBAL Extrusion Investment LLC appoints

new CEO for OSE Industries

29/07/2024

Dubai, 28 July 2024: DUBAL Extrusion Investment (DEI), a 100 percent subsidiary of DUBAL Holding (DH), has
appointed Faisal Sarhan as the new Chief Executive Officer (CEO) of OSE Industries, a local aluminium extrusion
company, wholly owned by DEI.
Sarhan is set to assume the role of CEO at OSE following Magdy Samoul’s tenure since 2012. Magdy Samoul will now
be transitioning to DEI, where he will serve as an advisor focusing on the strategy development and implementation
of projects.
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 Nov 2023 and played a vital role
in reinforcing the company’s strategic leadership and operational excellence to drive its success. Prior to joining OSE
Industries, he was with Emirates Global Aluminium (EGA), where he served various key roles over a period of 18
years.
Commenting on his new 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. My primary objective is to ensure maximum value for our stakeholders and establish OSE
Industries as a leader in the extrusion industry.”
The leadership transition comes at a pivotal time as the aluminium extrusion industry is witnessing substantial
growth investments. In this new position, he 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.
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