Aramex BoD hires Bashar Obeid as CEO with immediate effect
Aramex BoD announced that it had decided to appoint Bashar Obeid, currently serving as Aramex’s chief financial officer, as the company’s CEO, with immediate effect, replacing Hussein Hachem. Obeid joined Aramex in 1993 and, since then, has been playing a major role in the development and growth of the company’s business.
Aramex (DU): AED4.55 as of 19 Nov. 2017, Rating: Neutral, TP: AED5.15/share, MCap: USD1,815mn, ARMX UH/ARMX.DU
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