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Wed 10 Oct 2018 02:05 PM

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CEO, president of UAE's Rotana to step down at end-2018

Hotel operator Rotana says its president and CEO, Omer Kaddouri, will leave role at the end of this year

CEO, president of UAE's Rotana to step down at end-2018
Omer Kaddouri will be stepping down from Rotana at the end of 2018.

UAE-based hotel operator Rotana has announced that its president and CEO, Omer Kaddouri, will be stepping down from the role at the end of 2018.

Kaddouri assumed the position in January 2014 as part of 20 years with the company during which he held several senior management positions, including a five-year tenure as chief operating officer.

He will continue to lead Rotana until the end of the year and will hand over the helm to Guy Hutchinson, who will be acting president and CEO.

“Throughout his 20 years with Rotana and nearly five years as President and CEO, Omer played an instrumental role in driving the company’s strategic growth and rapid expansion, building a remarkable team and laying the groundwork for our continuing success,” said Selim El Zyr, co-founder and vice chairman of Rotana.

“Following this announcement, our core focus will be to ensure a smooth and seamless transition for our guests, owners, and colleagues as we strive to continually enhance the Rotana brand. We are grateful to Omer for his visionary stewardship, and wish him every success in his future endeavours” added Nasser Al Nowais, chairman of Rotana.

Kaddouri said: “I feel absolutely honoured and privileged to have led Rotana, and will continue to do so until my final day of being part of this remarkable company. I am sincerely grateful to all of my colleagues, without whom, we would not be where we are today. I wish Rotana continuing success as it enters its next phase of growth and expansion.”

Following his departure, Omer Kaddouri will be relocating to Amsterdam, where he will explore fresh avenues in developing and investing in restaurants and hospitality projects.

Rotana currently manages a portfolio of over 100 properties throughout the Middle East, Africa and Turkey, with an aggressive expansion plan in place.

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