Joramco chief Fattaleh quits to pursue new interests

Dubai Aerospace Enterprise (DAE) has confirmed that Osama Fattaleh, CEO of Joramco has submitted his resignation to pursue his interests outside the industry.
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His permanent replacement will be announced in due course, the company said. Amjad Korshlow, chief financial officer of Joramco will serve as acting chief executive officer till a permanent replacement is named.
Joramco chairman and DAE managing director Khalifa H. AlDaboos said: “Mr Fattaleh played a key role in stabilizing Joramco’s performance during his tenure at the company. We wish him well in his future endeavours. In the meantime, Joramco is well served by a deep management team that is fully committed to providing world-class products and services to our clients. We look forward to the next chapter of Joramco’s growth under new leadership from within the industry,”