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    DPW   AEDFXA0M6V00


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DP World Announces Executive Changes

05/22/2021 | 09:39am EST

DP World has appointed Abdulla Bin Damithan as the new CEO and Managing Director for the UAE Region and Jafza replacing Mohammed Al Muallem, who has been promoted to Executive Vice President of DP World. The move comes in line with growth and expansion plans of DP World that will bolster its position as a world leader in global supply chain solutions, said the statement from the company. After revealing robust financial results for the year-end of 2020 and an encouraging start to 2021, DP World will turn a new page with a transition in management in the UAE, it stated. During his 20-year long career at DP World, Damithan has held leadership positions with increasing responsibilities, the most recent being Chief Commercial Officer for the UAE Region. As an accomplished leader in the maritime and logistics sector, he has led different aspects of the business to commercial success. This includes Ports & Terminals, Parks & Zones and Trade Enablement solutions.

© S&P Capital IQ 2021
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Financials (USD)
Sales 2020 8 533 M - -
Net income 2020 846 M - -
Net Debt 2020 14 949 M - -
P/E ratio 2020 15,9x
Yield 2020 -
Capitalization 13 471 M 13 471 M -
EV / Sales 2019 3,18x
EV / Sales 2020 3,33x
Nbr of Employees 56 000
Free-Float -
Income Statement Evolution
Managers and Directors
Ahmed Sultan bin Sulayem Group Chairman & Chief Executive Officer
Yuvraj Narayan Group Chief Financial Officer & Executive Director
Mike Bhaskaran Chief Operating Officer-Logistics & Technology
Tiemen Geerts Meester Chief Operating Officer-International Ports
Deepak Shantilal Parekh Senior Independent Non-Executive Director