GE (NYSE: GE) today announced the appointment of Hisham Albahkali, a Saudi Arabian national, as the President and Chief Executive Officer for Saudi Arabia and Bahrain. He was previously Saudi Arabia?s executive for GE Energy.
Albahkali will lead the operations of GE, which has a heritage of over 80 years in the Kingdom, into strategic growth areas with a focus on localization and innovation. He will continue to strengthen the presence of GE in sectors such as oil & gas, power, water, aviation and healthcare, in addition to aligning the company?s development programs in line with the Saudi Vision 2020 to promote diversification and knowledge sharing.
Nabil Habayeb, GE?s President & Chief Executive Officer for the Middle East, North Africa and Turkey, said: ?Saudi Arabia is one of our core markets in the region, where we have established long-term partnerships in growth sectors that bring a positive difference to the well-being of the people. We will continue to partner with the Kingdom?s growth goals emphasizing on economic diversification, creating jobs for its talented youngsters and promoting regional research. Hisham Albahkali has tremendous insights into the Saudi Arabian market having been associated with several key projects, and will work towards further driving our growth in the Kingdom.?
Albahkali said: ?Saudi Arabia is witnessing one of the most exciting developmental phases, with strong investments in new and emerging technologies. GE?s focus on creating localized solutions and investing in long-term development will be strong assets in supporting the Kingdom. Our priority areas will be to strengthen our existing partnerships, and continuing to create more growth opportunities for skilled Saudi professionals.?
Hisham is a 15-year GE veteran who started his career with the company in 1997 as a Customer Service Manager for GE Energy, and since then has held a number of leadership roles within the business. Most recently, Hisham was the Country Executive for GE Energy in Saudi Arabia. He holds a Masters degree in Electronic Technology and a Bachelors degree in Electrical Engineering from King Saud University, Riyadh, Saudi Arabia.
Hisham assumes the new responsibility from Walid Abukhaled, who leaves GE at the end of 2012 to pursue external interests. Nabil Habayeb added: ?Walid has been an important leader for GE in the region, responsible for directing the company?s operations and growth in the Kingdom and Bahrain. He has played a strategic role in fostering relationships with external customers and government officials, and been a driving force in building a diverse foundation to support GE?s future growth.?
Continuing GE?s over 130-year history of successful development in human capital around the globe, GE has steadily expanded knowledge-sharing initiatives in Saudi. The company has trained over 1,500 Saudi professionals in the healthcare, energy and aviation sectors. Recently, GE established a Technical Academy in partnership with the Technical & Vocational Training Corporation (TVTC) to grow the Saudi technical talent pool. GE also has a robust Saudization plan backed by comprehensive training programs for young nationals and plans to double its workforce in the Kingdom by 2013.
Saudi is home to GE?s largest Middle East workforce with over 1,000 employees. Today, more than 500 GE turbines generate over 50% of Saudi?s electricity, and the company?s advanced technology produces 180 million liters of clean water, delivered to the country?s remotest corners. Over 20,000 GE healthcare technologies serve nearly 90% hospitals in the Kingdom. Focused on capacity building, GE?s footprint in the Kingdom includes the GE Energy Manufacturing Technology Center, GE Water & Process Technology Center, Air-cooled Heat Exchanger Manufacturing Facility (MEHECO) and the Non-destructive Testing Facility.
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Source: http://www.middleeastevents.com/site/pres_dtls.asp?pid=15796
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