Drake & Scull International (DSI) has announced the appointment of Wael Allan as the company’s new CEO, succeeding Khaldoun Tabari, effective 10 October. This marks the final phase of a six-month management transition process initiation with Allan’s appointment as the company’s COO earlier this year. Tabari will maintain his position as Vice Chairman and member of the board and the executive committee. Allan’s previous roles included: CEO of Arcadis Middle East and senior roles at a number of firms including: Hyder Consulting, Skanska USA Buildings, Washington Group International and Raytheon Engineers and Constructors. (DFM)   Drake & Scull International (DU): AED0.44 as of 09 October 2016, Rating: Sell, FV: AED0.34 per share, MCap: USD276mn, DSI UH / DSI.DU