Press Releases

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04-05-2016 Drake & Scull International PJSC announces the appointment of Chief Operating Officer and Chief Financial Officer

[UAE, May 04, 2016] - Drake & Scull International PJSC, (DSI PJSC), a regional market leader in the integrated design, engineering and construction disciplines of General Contracting, Mechanical, Electrical and Plumbing (MEP), Rail & Infrastructure, Oil & Gas, and Water & Wastewater Treatment, announces the appointment of Mr. Wael Allan as the group’s Chief Operating Officer (COO) and Mr. Kailash Sadangi as the group’s Chief Financial Officer (CFO) with immediate effect. Mr. Wael Allan and Mr. Kailash Sadangi will report directly to Mr. Khaldoun Tabari, CEO and Vice-Chairman of Drake & Scull International PJSC.

 

The appointments reflect DSI’s strategic initiatives and operational focus in light of the challenging market conditions across the region. The new management structure is expected to enhance DSI’s efforts to continue its fiscal consolidation, operating discipline and costs rationalization drive while pursuing high margin, low risk growth in key markets across MENA.

 

Mr. Wael Allan is an industry veteran with more than 26 years of global management experience spanning EPC and construction across USA, Europe, Far East and the Middle East. Prior to his appointment at DSI, he served as the CEO for Arcadis Middle East, and progressed through senior management roles for reputed firms including Skanska USA Buildings, Washington Group International and Raytheon Engineers and Constructors, amongst others.

 

Mr. Kailash Sadangi has over 25 years of diverse industry experience spanning construction, infrastructure, manufacturing and heavy engineering across the Middle-East, Africa and Australia. He previously served as the CFO for Al-Khodari Sons Company (a Saudi Joint Stock Company), and prior to that in various leadership roles at Demag Cranes AG (now Terex Corporation) and Emerson Electric Inc. across the Middle East, sub-Saharan Africa and Asia-Pacific.