Tabreed, UAE’s leading district cooling provider, recently announced that its Board of Directors has appointed Dr Yousif Al Hammadi as Chief Asset Management Officer (CAMO) – an all-new role for the company – with effect from 1 December 2022.
Having closely analyzed its future business requirements, Tabreed’s Executive Management Team and Board of Directors agreed to create a new, dedicated function, to manage the company’s assets, accounts, and customer relationships, led by a Chief Asset Management Officer.
Khalid Abdullah Al Marzooqi, Tabreed’s Chief Executive Officer, said of the appointment: “In recent years, Tabreed’s business portfolio and client base have dramatically increased in size and scope. Any company that grows needs to adapt if it is to maintain healthy and productive relationships with its clients and business partners, and Tabreed is no exception.”
He added: “This is a resilient and dynamic company that stays ‘ahead of the curve’ by being ready and quick to meet constantly shifting business demands. Tabreed’s vision and the long-term strategic business plan include regional and international expansion, and Dr. Yousif’s appointment means we have a highly experienced industry veteran overseeing the vitally important relationships we have with our clients. Everyone in the company congratulates him on this new position.”
Dr Yousif Al Hammadi joined Tabreed in 2014 and has held various positions, including Executive Vice President – Key Stakeholders, Asset Management and Government Relations, Head of Business Development, and Senior Vice President – Projects, in which he proved to be a crucial part of Tabreed’s success across the region. Since 2020, Dr Yousif Al Hammadi has served as Managing Director of Downtown DCP LLC (DDCP), which is a partnership between Tabreed and Emaar, leading operations and facilitating growth in key areas of Dubai.
Industry sources added that prior to joining Tabreed, he was Vice President of Mubadala’s Construction Management Unit, where he helped deliver key projects in Abu Dhabi, including Zayed University, Paris Sorbonne University, Rosewood Hotel, and New York University. Earlier in his career, Dr Yousif Al Hammadi also worked for esteemed organizations such as ADNOC and the Ministry of Interior in the UAE.
Al Marzooqi, commenting on these wins, said: “These awards are hotly contested, with stiff competition from other highly regarded organizations, and are received on merit after lengthy and detailed deliberations of comprehensive submissions. Everyone at Tabreed benefits from the tireless work of our HC colleagues, and we could not be prouder of their achievements with these prestigious awards. This company has a well-deserved reputation for putting its people first and, being recognized and rewarded for accomplishments in Human Capital, by our peers, is particularly humbling.”
