Dubai – Mubasher: Amanat Holdings has named Shamsheer Vayalil as its new Chairman of the board, according to a press release.
The appointment aligns with Amanat’s commitment to boosting strategic leadership in the rapidly evolving healthcare and education sectors.
Vayalil will replace Hamad Abdulla Alshamsi as Chairman, while Abdulla Mohammed Hassan Mohammed Alhosani will handle the responsibilities of the Vice Chairman.
The new Chairman is the Founder and Chairman of Burjeel Holdings, one of the largest healthcare services providers in the MENA Region.
He said: “The company has a strong track record of investments in the healthcare and education sectors, and I look forward to working with the board and management team to build on these successes and capitalize on new opportunities in the dynamic markets we operate in across the MENA region.”
In the first nine months (9M) of 2023, the net profits attributable to the shareholders of Amanat Holdings hit 81.12 million, compared to AED 56.22 million in 9M-22.
