Dubai-headquartered terminal operator DP World has announced that 53-year-old Mohammed Sharaf has retired with immediate effect from his role as CEO.
In a statement, the company claimed that Sharaf, who worked for the group for the past 23 years and was its CEO for the past 11, retired to pursue other opportunities.
The operator’s board has begun a process to identify a permanent successor and Ahmed Bin Sulayem, chairman of the company, will carry out the CEO’s duties and functions on an interim basis.
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