Manama – Bahrain Marina Development Company (BMDC), the master developer of the landmark Bahrain Marina waterfront project, has appointed. Gagan Suri as Chief Executive Officer, effective 1 April 2026, as the development advances into its next phase and prepares for its operational launch. Suri brings more than 25 years of international leadership experience in large-scale urban development, infrastructure delivery, and real estate investment across the Middle East, Europe, and North America. In his new role, he will lead the strategic delivery, market positioning, and operational transition of Bahrain Marina, one of the Kingdom’s most significant waterfront developments.

Most recently, Suri served as Executive Director and Head of Development at Oxagon, an emerging advanced industrial and port ecosystem on the Red Sea designed to support next-generation manufacturing, logistics, and global supply chains. In this capacity, he oversaw development planning and infrastructure coordination across a large-scale industrial and urban environment integrating port operations, manufacturing clusters, logistics corridors, and supporting urban infrastructure.

Prior to this, Suri served as Chief Executive Officer and Board Member of Bahrain Bay Development, where he led the transformation of Bahrain Bay into one of Manama’s premier mixed-use waterfront districts. The development introduced a dynamic combination of residential, hospitality, commercial, and retail assets that have contributed to reshaping the capital’s skyline and strengthening Bahrain’s position as a regional destination for investment and tourism.

Earlier in his career, Suri held senior leadership roles with Arcapita, Saudi National Bank Capital, Credit Suisse, and Capmark Finance, gaining extensive experience in real estate investment, infrastructure financing, and the delivery of large-scale development projects across international markets.

His appointment comes at an important moment as Bahrain Marina continues to progress through construction and development milestones, positioning the project to become a new waterfront destination in the heart of Manama.

In this context, the Board of Directors of Bahrain Marina Development Company expressed its welcome of Gagan Suri’s appointment to the company at this pivotal stage in the project’s journey, affirming that his extensive international experience and proven track record in delivering complex urban developments represent a valuable addition as the project moves into its next phase of growth. The Board also expressed its confidence that his strategic vision and operational expertise will contribute to strengthening Bahrain Marina’s position as one of the Kingdom’s leading waterfront destinations.

The Board of Directors also extended its sincere appreciation to Eng. Hisham Almoayyed for his valuable contributions during the project’s foundational stages, commending the pivotal role he played in driving the progress achieved to date and in establishing a solid foundation for the next phase of development and continued growth.

Commenting on his appointment, Gagan Suri said the project represents a unique opportunity to create a world-class waterfront destination in the region. “I am honoured to join Bahrain Marina at this important stage in its development journey. The project presents a rare opportunity to deliver a world-class waterfront destination that combines modern urban design, advanced infrastructure, and a dynamic lifestyle offering. I look forward to working closely with the Board and the Bahrain Marina team to realise the project’s vision and further strengthen its presence in regional and international markets.”

He added that the next phase of development will focus on enhancing Bahrain Marina’s market positioning and attracting leading international operators across hospitality, retail, and leisure sectors, helping establish the development as a vibrant destination for residents, visitors, and investors. Located along Manama’s eastern waterfront, Bahrain Marina is designed as an integrated mixed-use destination featuring luxury residential units, a modern yacht marina, a marina club, hospitality offerings, and a vibrant waterfront retail and dining district with international brands, restaurants, and cafés.

Once completed, the development aims to become a signature waterfront landmark for the Kingdom, supporting the continued growth of Bahrain’s real estate, tourism, and hospitality sectors.