Drake & Scull International PJSC announced the resignation approval of Mr. Khaldoun Tabari from his post as the Chief Executive Officer (CEO) and the appointment of Mr. Wael Allan, currently serving as the Chief Operating Officer (COO) as the company's new Group Chief Executive Officer (CEO). Wael will assume the new role on October 10, 2016. Mr. Tabari submitted his resignation to the board on August 2016 for approval until the new CEO appointment was finalized. Wael Allan succeeds Khaldoun Tabari, who will step down from his current role as the Group CEO and continues to serve DSI as a Non-Executive Board Member, Member of the Executive Committee, Vice-Chairman.