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Masood Mahmood’s nine-year tenure as CEO of
Yahsat will end in April, the operator confirmed in a surprising announcement on Tuesday. Ali Al Hashemi, current CEO of
Thuraya Telecommunications Company and the general manager of Yahsat Government Solutions, will become the new CEO in April replacing Mahmood.
The operator called Al Hashemi’s appointment as the new CEO a “direct result of Yahsat’s deep long-term succession planning initiatives and will ensure that the company maintains its momentum on the strategic vision and objectives.”
Mahmood will still play a key role in Yahsat’s future, however, as he was also announced as one of three new appointees to Yahsat’s board of directors. Musabbeh Al Kaabi, CEO of the UAE Investments platform at
Mr Al Hashemi is currently the chief executive of Thuraya Telecommunications Company, the mobile satellite services subsidiary of Yahsat. He is also the general manager of Yahsat Government Solutions.
Mr Al Hashemi’s appointment “is a direct result of Yahsat’s deep long-term succession planning initiatives and will ensure that the company maintains its momentum on the strategic vision and objectives that have been at the heart of Yahsat’s transformational journey, making it one of the top eight operators in the world in just ten years of operation , Yahsat, said.
The company s chief executive Masood Mahmood will join the board of directors after stepping down from his current role on April 18.