ACU March 2022-LR

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EXECUTIVE MOMENTSMansoor JanahiAbu Dhabi, UAE: Sanad, a wholly ownedsubsidiary of Mubadala InvestmentCompany (Mubadala), has launched anew strategy to expand business beyondthe aerospace sector.The company has also appointedMansoor Janahi, the Deputy Group CEOof Sanad, as the new Group CEO to leadthe growth stage under the new strategy.He assumed his new post on 01 February2022.Janahi began his career with Mubadala in2008. He first joined Sanad Aerotech asDeputy CEO in 2017 and has sincemoved to become its CEO for SanadAerotech and Sanad Powertech andDeputy CEO for Sanad Group.Under his leadership, Sanad Aerotechsigned multiple agreements valued atover $7 billion with major originalequipment manufacturers (OEMs) andglobal airlines. He was also instrumentalin Sanad’s expansion to new marketsincluding Eastern Europe, South Americaand Asia.Prior to joining Sanad Aerotech,Mansoor was a Vice President atMubadala where he spearheadedbusiness development and assetmanagement activities for severalEmmanuel Raptopoulos is the newPresident for SAP’s EMEA SouthSanad launches new strategy and appointsnew Group CEO to lead next phase of growthleading aerospace initiatives. He played a pivotal role in formalizing agreements withAirbus and Boeing for developing aerospace manufacturing capabilities, including theStrata-Solvay advanced materials business in Al-Ain.Sanad’s strategy and leadership announcements follow the launch of ‘Operation 300bn’last year, which aims to more than double the industrial sector contribution to GDP in theUAE to AED300 billion by 2031. Under its new industrial services strategy, Sanad willcontribute to the economic diversification agenda and help position the UAE as a globalindustrial hub. Its future offering will be focused on providing technology-driven andintegrated industrial services.Badr Al-Olama, the Executive Director of UAE Clusters at Mubadala and Chairman ofSanad, said: “Sanad stands on the cusp of a major transformation underpinned by theFourth Industrial Revolution. Building on our track record of more than three decades ofexperience in the commercial aviation sector, Sanad is ready to take the next stepforward and become the source-to-go, one-stop shop for the broader industrialservices sector. Mansoor’s knowledge and wealth of experience will be invaluable in thisdecisive phase for the company as it builds on its strong performance to provideinnovative solutions to support the growth of Sanad over the next decade. This is also inline with UAE Investments strategy to accelerate the diversification of the UAE’seconomy and grow our national champions in multiple sectors. ”Commenting on his appointment, Janahi said: “The UAE has an amazing track record ofindustrialization to build on, and a strong footprint in industrial services. Thesecapabilities and prominent market presence have been developed in record time. If welook at the aerospace industry, and Sanad specifically, we have managed to create a trulyhomegrown success story and a globally recognized industry leader.“In line with its new strategy, Sanad will continue leveraging synergies with internationalpartners, we will develop new and innovative service concepts that combine both ourindustrial and financial knowledge. Ultimately, our vision for the future is to developprofitable and sustainable industrial service offerings to address the ever-changingneeds of clients across multiple sectors. I look forward to continuing working with theteam at Sanad, our clients and partners in such exciting times and contributing to effortsto make the industrial sector a main driving force of the UAE’s ‘Next 50 years’ journey.”The current Group CEO Troy Lambeth will be supporting a number of strategic initiativesboth within the Sanad Group as well as in support of Mubadala’s UAE Investmentsplatform. He had since been appointed to serve as the CEO of of Sanad Capital (formerlyknown as Sanad Aero Solutions)Under Lambeth’s leadership, the company grew quickly to over USD 1 billion in spareengine and components supporting airlines and industry service providers globally.DUBAI, UAE: SAP has appointed Emmanuel Raptopoulos as the new President for SAP’sEMEA South region, which comprises Southern Europe, the Middle East and Africa. In thiscapacity, he will report to Scott Russell, SAP Executive Board member, Customer Success.With presence in 75 countries, 24 offices and 5000 employees across the region, EMEASouth is at the forefront of SAP’s transformation to the cloud.Raptopoulos, who is based in Milan, succeeds Claudio Muruzabal, who has beenpromoted to President of SAP’s global Cloud Success Services organization. This newlyestablished organization unites an impressive driving force of over 20 000 of the entirecompany’s talented and experienced workforce to bring new services offerings to marketthat help customers derive even greater value from SAP’s cloud solutions.With more than 20 years at SAP in leadership roles in General Management, Sales,Operations and Consulting, in both Europe and the Middle East, Raptopoulos’ extensivetrack record demonstrates the fostering of a high-performance culture of inclusivity andinnovation.EmmanuelRaptopoulosSAP is a market leader in enterpriseapplication software, well regarded for itsmachine learning, Internet of Things (IoT),and advanced analytics technologies helpturn customers’ businesses intointelligent enterprises.47AirCargoUpdate
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ACU March 2022-LR

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