MANAMA: Yusuf Bin Ahmed Kanoo Group (YBA Kanoo), one of the largest independent family conglomerates in the Middle East, has appointed Jeffrey Singer as the new group chief executive (CEO).
Mr Singer has assumed the position this month and was an independent director on the board of the group previously.
He will oversee the group portfolio of companies as well as the shared services division and will focus on the overall performance of the group’s businesses and the development and implementation of long-term strategies.
YBA Kanoo Group chairman Khalid Mohamed Kanoo said, “We are confident that Mr Singer will add great value to our business due to his vast knowledge, experience and impressive record in leading global and regional institutions.”
Before joining the group, Mr Singer was chief executive of Dubai International Financial Center Authority and of Nasdaq Dubai.
Prior to his move to the Arabian Gulf, Mr Singer was senior vice president of The Nasdaq Stock Exchange in New York, which runs stock markets in 26 countries around the world.
During his tenure, he led all international business for Nasdaq.
“I am pleased to be joining YBA Kanoo Group; it is a privilege to be part of a regional success story and look forward to driving the development and execution of our corporate strategy. I will do my best to enable our leaders to fulfil their goals,” Mr Singer said.
YBA Kanoo, which will be celebrating 130 years of doing business in the region and beyond is a key contributor to the region’s economic growth and development with its vast network and experience.
It has established itself as a first-choice partner for regional and international businesses and continues to pursue growth and expansion through the constant delivery of business excellence.
YBA Kanoo’s business activities include shipping, travel, machinery, chemicals, logistics, real estate, energy, technology, financial investments and retail, to name a few.
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