Al-Hedfa succeeds Al Baker and pledges to work on the expansion of the company’s local and regional investments
Mazaya Qatar Real Estate Development QSC has appointed engineer Hamad bin Ali Al-Hedfa as Chief Executive Officer, succeeding Mr. Seraj Al Baker in a new step that the company believes will strengthen its efforts in bringing distinctive competencies to its workforce and help meet its corporate requirements. The changeover will take place on 1st May 2013.
Members of the Mazaya Qatar Board have all expressed their appreciation for the valued role and efforts that Mr. Al Baker put into the position, and wished him the best in all his future endeavors.
On the occasion of the announcement, Mr. Rashid Fahed Al Naimi, Chairman of Mazaya Qatar Real Estate Development, said: “The Mazaya Qatar Board of Directors is keen to support and value the nation’s young and creative talent, giving them the opportunity to confirm their capabilities in the top management levels of our company. I’m glad to express the pleasure of the Board with this decision since it is consistent with the policy of the company to support this objective of investing in talented Qataris.
“Eng. Al-Hedfa has strategic and leadership experience in managing companies and projects, and boasts extensive knowledge in the local and international real estate markets. This decision also highlight our deep faith that young Qatari competencies are the ideal ones to create an added value to our company and its shareholders, and that the national affiliation, bolstered by experience, professionalism and constructive spirit, is the key factor in our institutional development and growth”.
For his part, the new CEO said “I would like to thank the distinguished Board of Directors for granting me this trust, I will make sure with great faith that I will do my best to contribute to the development and growth of our company, to maintain and expand its position, and to succeed in the evolution of its projects and investments locally and internationally”.
Eng. Al-Hedfa has considerable technical and managerial experience, which he gained during his graduation in several positions, including at Qatar Gas, during which he participated in building the expansion projects both onshore and offshore during its development stages; after this he took over as CEO of Business Development at The First Investor. From there, he contributed to the development of the company and in turning it into an international player in the field of investments, which was expanded during his administration to reach the USA, Brazil, Russia, and Europe. Eng. Al-Hedfa is also a board member in several local and international companies.
Eng. Al-Hedfa received a bachelor’s degree with honors in Engineering from the University of Texas A&M in the USA. Through his new position, he seeks “to play a vital and important role in directing and managing the business, investments and projects of Mazaya Qatar, in the light of the great diversity and growth expected for its various activities and investments in the region”.
