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Milaha’s president and chief executive officer, Khalifa Ali Al-Hetmi, will retire in September, after seven years at the helm of the diversified Qatari shipping company, and 31 years in total with the company and its antecedents.
During his tenure as chief executive, he oversaw the strategic acquisition of Qatar Shipping and Halul Offshore Services in 2010, and was responsible for the subsequent transformation of the newly created group and the launch of the Milaha brand in 2011.
Mr. Al-Hetmi will remain in his position until a successor has been appointed, and will fully support the company during the transition period thereafter.
Sheikh Ali bin Jassim Al Thani, chairman of Milaha, said: “All of us at Milaha are sad to see Mr. Al-Hetmi go. Not only has he been an integral part of the company’s development and the transformation of the group, but his excellent leadership has led to the creation of a sustainable and successful business model that will continue to generate returns for shareholders in the years to come.”
For his part, Mr. Al-Hetmi expressed his gratitude to the Milaha Board of Directors and staff for their support over the years. He said: “Our sustained growth in the past few years in is large part due to the hard work and dedication of our colleagues, which enabled us to thrive even during downturns and strengthen our business. I am confident that the Milaha’s success story will continue to grow on the foundation we have worked so diligently to lay down.”
