Dubai logistics giant Aramex appoints new CEO

Aljeda replaces company veteran Bashar Obeid, who resigned last week

  
An employee walks at the distribution warehouse unit at the Aramex Emirates head offices in Jebel Ali April 10, 2012.

An employee walks at the distribution warehouse unit at the Aramex Emirates head offices in Jebel Ali April 10, 2012.

REUTERS/Jumana El Heloueh

Dubai-based logistics company Aramex has appointed Othman Aljeda as its new CEO.

Aljeda, a company veteran who joined Aramex in 1994, will replace Bashar Obeid, who resigned from his role as CEO last week.

Aljeda has served as regional CEO in Europe, North America and Asia. In 2020 he served as the interim chief operating officer. “Aramex is a trusted market leader with a powerful growth story and is well-positioned to navigate and thrive in these unprecedented times,” Aljeda said. 

“Along with the rest of the management team, we will continue to build on our solid foundation, capitalise on our strengths, grow our industry verticals, and take the lessons we learned from the pandemic to find the most innovative solutions and create greater value for our customers,” he added. 

In a statement, the company said Obeid would work with Aljeda to ensure a smooth transition.

Obeid’s resignation, for personal reasons, was announced at the start of this week, and the board of directors discussed his replacement yesterday (Wednesday).

(Writing by Imogen Lillywhite; editing by Seban Scaria)

(imogen.lillywhite@refinitiv.com)

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