Abu Dhabi developer has no plans to replace head of company
Mounir Haidar has resigned as chief executive officer (CEO) at Abu Dhabi-based developer Sorouh Real Estate.
According to a filing on the Abu Dhabi Securities Exchange, he will leave the company in October. Sorouh says no direct replacement is planned.
Abubaker al-Khouri will continue in his role as managing director. Gurjit Singh, chief development officer, has been promoted to chief operating officer and will be responsible for sales and marketing.
Samer Abu-Hijleh will also retain his role as chief operations officer and will be responsible for construction and development.
Sorouh is one of Abu Dhabi’s largest real estate developers. It is developing projects such as Shams Abu Dhabi on Reem Island, Lulu Island off the Abu Dhabi Corniche, and the Al-Ghadeer development close to the Dubai border (MEED 9:6:09).