Majid Al Futtaim Properties hires new CEO [Khaleej Times (United Arab Emirates)]
(Khaleej Times (United Arab Emirates) Via Acquire Media NewsEdge) Majid Al Futtaim Properties, the leading developer, owner and operator of shopping malls and complementary mixed-use projects in the Mena region has announced the appointment of George Kostas as its new chief executive officer.
Kostas assumed his new role at Majid Al Futtaim Properties on June 2, 2013, replacing former CEO, Peter Walichnowski.
Iyad Malas, chief executive officer, Majid Al Futtaim Holding said: "We are pleased with George's appointment. He joins at a time when the company is investing heavily in the expansion of its current assets and the development of new projects across the Mena region. We are confident that he will help the company achieve those milestones."
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