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Dr. Abdel Malik Al Jaber appointed CEO of Zain Levant Region
Amman, Zain Group, the leading mobile telecommunications operator in the Middle East and Africa, announces the appointment of Dr. Abdel Malik Al Jaber as CEO of the Zain Levant Region made up of Zain Jordan and Paltel-soon be rebranded to Zain Palestine with immediate effect.
July 18, 2009 12:00 by Aarti Nagraj
Amman, Zain Group, the leading mobile telecommunications operator in the Middle East and Africa, announces the appointment of Dr. Abdel Malik Al Jaber as CEO of the Zain Levant Region made up of Zain Jordan and Paltel-soon be rebranded to Zain Palestine with immediate effect. The appointment follows the mutual share swap agreement between Zain Group and Paltel that was signed on May 18, 2009; and the approval of shareholders at Paltel’s Extraordinary General Assembly on June 11, 2009. In addition to his new role as CEO of Zain Levant, Dr. Al Jaber has been appointed Acting General Manager of Zain
Having led Zain
Dr Al Barrak noted that the strategic changes of forming a Zain Levant Regional focus and its new management structure are in line with its expansion strategy and its ambition to be a global top ten mobile telecom operator by 2011. This regional team will also be responsible for future acquisitions in the
Welcoming the new CEO of Zain Levant to the role, Dr Al Barrak said, “Dr Abdel Malik Al Jaber is a distinguished leader who has taken the Paltel Group to new heights making the operation a world-class outfit in all facets of its business. We are confident that he will build on this achievement in further building the new Jordanian and Palestinian entity as the leading telecommunications group in the neighboring countries”.
For his part, Dr. Al Jaber said he was very happy to be assuming the role of CEO Zain Levant and to be working closely with new colleagues at Zain in
Dr Al Jaber added that he plans to build on the successes achieved by Zain in
Al Jaber added that “
One the first challenges that Dr Al Jaber will face in his new role is the rebranding of the Paltel Group’s many operations including its Jawwal mobile operation to Zain. This will take place later this year at which time
Note to Editors:
About Mr Abdel Malik Al Jaber:
Dr. Al Jaber comes to Zain with a wealth of experience and a long record of achievements both locally and regionally. Prior to his new post at Zain he was appointed Vice Chairman of the Board and CEO of the Paltel Group in 2003 during which he was able to restructure the company towards increased profits and sustained innovation and social responsibility. He increased the company’s profits from USD$ 15 million in 2003 to USD$ 100 million in 2005. The Company met its growth targets ever since and its stock dominated the Palestine Stock Exchange.
Additionally, the Paltel Group became the first company in the country to pioneer the practice of Corporate Social Responsibility introducing Sustainability Practice and Reporting as per the GRI Standards and later on creating the first Corporate Foundation in the country.
In Private sector Palestine Dr. Al Jaber is the Chairman of the Golden Wheat Mills Company, Chairman of the Board of Wasel Logistics, and a Founder of Al Rafah Bank, the first Mirco-Finance Bank in the region.
In 2005, Dr. Al Jaber helped found VTEL Holdings, a UAE based company with USD$ 1 billion in capital comprised of high net worth investors from
He is a current member of the Arab Business Council and the World Economic Forum, The Arab Technology Forum, Member of the Young Presidents Organization (YPO), Founder of the Young Arab Leaders Chapter in Palestine, and today serves as a regional Board Member of the YAL Organization in Dubai with Chapters in Lebanon, Bahrain, Saudi Arabia, Jordan, Kuwait, Qatar and the UAE.
Dr. Al Jaber is a graduate of Jordan University of Science and Technology,
Zain is a leading telecommunications operator across the Middle East and
Zain operates in Bahrain, Burkina Faso, Chad, the Republic of the Congo, the Democratic Republic of the Congo, Gabon, Ghana, Iraq, Jordan, Kenya, Kuwait, Malawi, Madagascar, Niger, Nigeria, Palestine (currently operating as Paltel Group), Saudi Arabia, Sierra Leone, Sudan, Tanzania, Uganda and Zambia. In
Zain offers innovative services in its markets such as ‘One Network’, the world’s first borderless mobile telecommunications network enabling customers when abroad to receive calls and sms without charge and to make voice and data calls at local rates throughout 19 countries in Africa and the Middle East. This service allows a customer to top up airtime in their home country or from more than 1,000,000 outlets within Zain’s ‘One Network’ footprint.
The Zain brand is wholly owned by Mobile Telecommunications Company KSC, which is listed on the Kuwait Stock Exchange (Stock ticker: ZAIN). Zain is listed in the Financial Times’ Global 500 Index which ranks the world’s largest companies based on market capitalization (http://www.ft.com/reports/ft5002008). Zain aims to become one of the top ten mobile operators in the world by end of the year 2011. For more, please visit www.zain.com or email [email protected]
About Zain in
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