The Board of Directors of Group AMANA Announces a New Chapter in Leadership Transition and Growth. This marks a pivotal moment in our journey while reinforcing our commitment to continuity and sustained growth.
We are pleased to announce that, effective 1 January 2025, Richard Abboud, currently serving as Group AMANA’s Chief Strategy and Transformation Officer, will assume the role of Chief Executive Officer. This carefully planned transition follows years of preparation and close collaboration between Richard, Jihad, and the Board of Directors, ensuring a seamless handover rooted in the values and vision that define our organisation.
For over 24 years, Richard has consistently demonstrated exceptional leadership, dedication, and a deep understanding of our business. We are proud to promote from within and place this responsibility in the hands of someone who has been instrumental in driving our Corporate Strategy, Thrive 28, and leading key strategic initiatives.
Strength in Continuity
This transition comes as part of a deliberate succession plan that underscores our commitment to continuity. The Board and Management team remain fully engaged and unified, with Jihad Bsaibes continuing to provide invaluable guidance in his role as a member of the Board of Directors. The Board’s structure and governance will remain
unchanged.
Fostering Leadership from Within
Group AMANA has a longstanding tradition of nurturing talent and leadership from within. Richard’s promotion reflects our belief in the strength and expertise of our team, who have consistently delivered together over the years. This internal succession is more than a change in leadership — it’s a celebration of our shared achievements and a
commitment to building on our foundation of excellence with familiar faces and trusted guidance.
The Legacy of our Corporate Strategy Thrive 28
Our direction remains steadfast, anchored in the principles of our Corporate Strategy, Thrive 28, and our ongoing dedication to sustainable growth, innovation, and service excellence. Under Richard’s leadership, we will continue to prioritise the values that have made us a reliable partner in the industry, embracing our legacy while looking forward to an exciting future.
We are grateful for your trust and support, and we look forward to continuing this journey with you. Thank you for your role in our continued success.
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