DSI Onboards Group CFO and Group GC to boost Strategic Growth

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Khalid Sukhon has been appointed as the Group Chief Financial Officer of DSI. (Image courtesy: DSI)
Khalid Sukhon has been appointed as the Group Chief Financial Officer of DSI. (Image courtesy: DSI)

Drake and Scull International PJSC (DSI), specializing in contracting services for mechanical, electrical, and plumbing (MEP), as well as oil and gas, water and wastewater treatment projects, has announced the appointment of Khalid Sukhon as Group Chief Financial Officer and Ahmed El-Bayouk as Group General Counsel and Head of Legal, effective immediately. These key leadership appointments mark a significant step in DSIโ€™s ongoing transformation, strengthening its financial and legal frameworks to support the companyโ€™s long-term growth strategy.

Khalid Sukhon – Group Chief Financial Officer

Mr. Khalid Sukhon has been appointed as the Group Chief Financial Officer of DSI. A seasoned finance executive with over 25 years of international and regional experience, Khalid brings deep expertise across finance, investment, and enterprise transformation.

He joins DSI from National Bonds Corporation, where he served as Group CFO and played a pivotal role in executing a five-year strategic plan, streamlining financial operations, and leading various transformation initiatives. His earlier roles include senior finance leadership positions at Al Hilal Bank, Aldar Properties (Provis Estate Management), KPMG, and PwC in both the UAE and the UK.

Khalid holds a Masterโ€™s degree in Finance and Investment from the University of Exeter (UK) and a Bachelorโ€™s degree in Accounting from the University of Jordan. He is also a member of the Association of Chartered Certified Accountants (UK) and the Association of Corporate Treasurers (UK).

Khalid succeeds Fadi Baraki, who is stepping down to pursue other professional opportunities.

Drake & Scull Logo (Image Courtesy: Drake & Scull official website)

Ahmed El-Bayouk โ€“ Group General Counsel / Head of Legal

Drake & Scull also announces the appointment of Mr. Ahmed El-Bayouk as Group General Counsel and Head of Legal. Ahmed joins from the Dubai office of Dentons & Co., the worldโ€™s largest law firm, where he served in their top-tier Construction, Engineering, and Disputes practice.

Ahmed is a qualified solicitor in England & Wales, a registered legal consultant with the Dubai Legal Affairs Department, and a registered legal practitioner (Part I) in the DIFC Courts.ย His practice includes serving as an arbitrator and co-arbitrator in Dubai International Arbitration Centre (DIAC) and other arbitrations.

Ahmed brings over a decade of legal experience spanning construction, infrastructure, energy, insolvency, and dispute resolution. He has led legal teams and played a central role in complex cases valued between USD 10 million and USD 2 billion, representing both private and government clients across the Middle East, Europe, and Asia.

He holds an MSc in Law and Business and a Graduate Diploma in Law from the University of Law (UK), both awarded with Distinction, and a Law (LLB Hons) degree from the University of Aberdeen. He was recently appointed a Fellow of the Chartered Institute of Arbitrators (FCIArb).

โ€œWe are pleased to welcome Khalid and Ahmed to Drake & Scull International at this pivotal stage in our transformation,โ€ said Muin El Saleh, Group Chief Executive Officer of DSI. โ€œKhalidโ€™s financial leadership and strategic foresight, combined with Ahmedโ€™s impressive legal credentials and dispute resolution experience, will significantly enhance our operational strength and governance standards.

He added: โ€œI would also like to extend our deepest gratitude to our outgoing CFO, Fadi Baraki, whose unwavering commitment and leadership were instrumental in navigating DSI through a complex and high-stakes restructuring process. His efforts have been critical to restoring financial discipline and building the foundation for our recovery. We thank him sincerely and wish him continued success in his future endeavours.โ€

These leadership appointments reflect DSIโ€™s ongoing commitment to operational excellence, strong corporate governance, and sustainable growth. With Khalid Sukhon and Ahmed El-Bayouk joining the executive team, the Company is well-positioned to drive forward its strategic objectives, enhance financial resilience, and navigate the legal complexities of large-scale infrastructure and energy projects. Their combined expertise supports DSIโ€™s long-term vision of strengthening stakeholder confidence, delivering value to shareholders, and positioning the Company for renewed competitiveness in key regional markets.

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