Essa Najibi and Dr Mustafa Al Sayed appointed as chairman and vice-chairman respectively
Seef Properties, the Bahraini real estate development company, has said that its board of directors has re-appointed both Essa Najibi and Dr Mustafa Al Sayed as the new chairman and vice-chairman respectively.
The board endorsement comes due to the extensive experience and knowledge that both individuals have, which will enable them to play key roles in the future development of the company, a statement said.
Najibi has previously held executive positions in the real estate sector, and is currently a board member of Gulf Air, Bahrain’s national carrier. He is also the chairman of Najibi Investment Company and AL Souq Real Estate Company, amongst others.
Dr Al Sayed has a PhD in Industrial Management and boasts more than 35 years of experience in executive positions in key institutions in the government and private sector. He is currently a Secretary General of the Royal Charity Organisation and is also a board member of Bahrain Health and Safety Society, and of Nass Corporation, amongst others.
The other members of the new board for the period 2019-2022 include Abduljalil Mohamed Janahi, Eman Mustafa Al Murbati, Fuad Ali Taqi, Hamed Yousif Mashal, Hesham Abdulrahman Al Rayyes, Mohamed Ebrahim Al Bastaki, Sattam Sulaiman Al Gosaibi and Yusuf Ahmed Al Hammadi.
The new board held its first meeting last week at the company’s headquarters; during which Najibi and Dr Al Sayed were re-appointed to their respective roles.
“As we continue our journey to be a leading, innovative and diversified real estate company driven by the highest standards, I look forward to working with the newly elected members alongside the dedicated members of our team and wish them luck in their new roles,” said Najibi in the statement.
Seef Properties’ new board has members with distinguished academic records and established qualifications from leading international institutions with comprehensive experience across a variety of industries, positioning them to further drive the development and growth of the Bahraini developer as a whole, the statement added. They also hold senior positions in various prestigious entities and are appointed in executive positions on a local and regional level, it said.
“Having a group of highly experienced and talented individuals on board will contribute towards elevating the company’s position and improving its overall performance,” said Ahmed Yusuf, CEO.
“We will be working closely to achieve the vision of Seef Properties to become a leading company in the real estate sector and build on its current market performance.”