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Aramex CEO resigns after takeover

Othman Al-Jeda (Source: Aramex)

Aramex CEO Othman Al-Jeda has resigned just weeks after Abu Dhabi’s sovereign wealth fund ADQ acquired a majority stake in the Middle East-based express operator.

The Dubai-based company announced yesterday (April 23) that Al-Jeda, who has held the post since 2021, was resigning for personal reasons and that the board had appointed CFO Nicolas Sibuet as Acting Group CEO as of today.

Abu Dhabi takeover

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