Aldar Properties announced that Jassem Busaibe has resigned from his position as Chief Executive Officer of Aldar Investment as he prepares to retire following a distinguished career spanning 27 years, including more than a decade with Aldar.
According to the company, Jassem played a key role in the growth and development of Aldar Investment, helping establish it as one of the region’s leading real estate investment platforms while contributing significantly to Aldar’s long-term success.
Key highlights:
• Jassem Busaibe resigns as CEO of Aldar Investment
• Retirement follows a 27-year professional career
• Spent more than 10 years with Aldar Group
• Played a major role in building Aldar Investment’s platform
• Supported Aldar’s long-term growth and expansion
The Board of Directors and management expressed their appreciation for Jassem’s leadership, dedication and contributions throughout his tenure with the company and wished him success in his future endeavors.
Aldar stated that Jassem will continue to support the business during a transition period to ensure continuity of operations and a smooth transfer of responsibilities. The company added that further details regarding future leadership arrangements will be announced in due course.
The announcement marks a significant leadership transition for Aldar Investment, one of the region’s largest real estate investment platforms.
Source: Abu Dhabi Securities Exchange (ADX) Disclosure / Aldar Properties
Disclaimer: This post is for informational purposes only and should not be considered investment or financial advice.