Tabreed names new chief asset management officer
DUBAI, November 29, 2022
UAE’s leading district cooling provider Tabreed has announced the appointment of Dr Yousif Al Hammadi as its new Chief Asset Management Officer – an all-new role for the company – effective December 1.
Having closely analysed its future business requirements, Tabreed said its executive management team and board of directors agreed to create a new, dedicated function, to manage the company’s assets, accounts, and customer relationships, led by a Chief Asset Management Officer.
Before joining Tabreed, he was Vice President of Mubadala’s Construction Management Unit, where he helped deliver key projects in Abu Dhabi, including Zayed University, Paris Sorbonne University, Rosewood Hotel and New York University.
Earlier in his career, Al Hammadi also worked for esteemed organisations such as ADNOC and Ministry of Interior in the UAE.
Al Hammadi had joined Tabreed in 2014 and has held various positions, including that of Executive Vice President – Key Stakeholders, Asset Management and Government Relations, Head of Business Development, and Senior Vice President – Projects, in which he proved to be a crucial part of Tabreed’s success across the region.
Since 2020, he had been serving as Managing Director of Downtown DCP LLC (DDCP), which is a partnership between Tabreed and Emaar, leading operations and facilitating growth in key areas of Dubai.
Lauding the appointment, CEO Khalid Abdullah Al Marzooqi said: "In recent years, Tabreed’s business portfolio and client base have dramatically increased in size and scope. Any company that grows needs to adapt, if it is to maintain healthy and productive relationships with its clients and business partners, and Tabreed is no exception."
"This is a resilient and dynamic company that stays ‘ahead of the curve’ by being ready and quick to meet constantly shifting business demands. Tabreed’s vision and long-term strategic business plan includes regional and international expansion, and Dr Yousif’s appointment means we have a highly experienced industry veteran overseeing the vitally important relationships we have with our clients. Everyone in the company congratulates him on this new position," he added.