Emirates Steel Arkan (ADX: EMSTEEL) (the “Group”), one of the largest publicly traded steel and building materials manufacturers in the region, has announced the appointment of Mark J.S. Tonkens as its new Group Chief Financial Officer (GCFO), effective 2nd September 2024.
According to Industry sources, Mark served recently as Chief Financial Officer at BME – Building Materials Europe and brings with him extensive expertise from his senior financial positions at Borealis and Philips. His leadership is all set to guide strategic financial initiatives and foster the Group’s continuing growth in the global market.
Eng. Saeed Ghumran Al Remeithi, Group Chief Executive Officer of Emirates Steel Arkan, stated, “We are incredibly grateful to Stephen for his leadership and commitment to excellence over the years. As we welcome Mark to the Group, we look forward to his insights and leadership to continue driving our financial strategy forward. Mark’s extensive experience and innovative approach will be invaluable as we continue to grow and evolve in the dynamic global marketplace.”
Stephen J. Pope, the outgoing Group CFO, will transition to a strategic advisory role within the Group CEO Office. Stephen has been an integral part of Emirates Steel Arkan for some seventeen years, guiding the Group through many critical phases, including our landmark merger and subsequent public listing, and contributing significantly to our regional and international success.
Emirates Steel Arkan remains committed to sustaining its growth trajectory and boosting the shareholder value under the new financial leadership of Mr. Tonkens.
