Depa PLC (“Depa” or the “Company”), the leading global interior solutions group, today announces the appointment, with immediate effect, of Mr. Ahamad Al Ghamdi as Non-Executive Director.
Mr. Al Ghamdi is currently the Senior Vice President of the MENA Investments Division in PIF. He is also currently a Board Member of Nesma & Partners, Board and Committee Member of Southern Province Cement (SPCC) and Jasara Program Management Company. Mr. Al Ghamdi held various positions within PIF, such as Vice President of the MENA Divisions (2021-2022) and Senior Associate (2020-2021). He also held various positions within Saudi Aramco, where he served in different capacities from 2011-2020 such as Manager of Strategy & Business Development for an Aramco subsidiary, New Business Development, Strategic Transformation Officer, and Process Engineer in Downstream Operations.
Mr. Al Ghamdi holds a Master of Business Administration from Harvard Business School and Bachelor Degree in Chemical Engineering from McGill University.
Depa confirms that no further information is required to be disclosed pursuant to its listing obligations.
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David Holiday, Group Chief Legal Officer & Company Secretary
For more information, please refer to the corporate website: www.depa.com
Notes to editors:
Depa is a strategic management company specialising in global interior solutions. Depa’s key business units hold leading positions in their respective markets: Vedder, Depa Interiors and the Deco Group. Employing thousands of people worldwide, the Group’s operations are centred on two regional hubs: Europe and the Middle East.
Depa’s mission, shared by each of its key business units, is to deliver sustainability, profitability and performance for its clients, shareholders and employees. The Group’s five core values are integral to everything Depa does: transparency, integrity, accountability, professionalism and exceptional service.
Depa PLC is listed on the Nasdaq Dubai (DEPA: DU) and is headquartered in Dubai, United Arab Emirates.
This document may contain certain 'forward looking statements' with respect to Depa's financial condition, results of operations and business and certain of Depa's plans and objectives with respect to these items. By their very nature, forward looking statements are inherently unpredictable, speculative and involve risk and uncertainty because they relate to events, and depend on circumstances, which may occur in the future. There are a number of factors that could cause actual results and developments to differ materially from those expressed or implied by these forward-looking statements. All written or verbal forward looking statements, whether made in this document or made subsequently, which are attributable to Depa or any other member of the Group or persons acting on their behalf are expressly qualified on this basis. Depa does not intend to update any such forward looking statements.