Husein takes over as Chairman of Hemas Group
View(s):Hemas Holdings PLC on Wednesday announced the appointment of new chairman and CEO, with current CEO Husein
Husein Esufally and Steven Enderby
Esufally taking over as chairman and long-time expatriate Steven Enderby being appointed as the CEO.
Mr. Esufally’s replaces Lalith de Mel who retired after serving the company for over a decade, according to a company statement.
However Mr. Enderby’s appointment as Group Chief Executive Officer is effective only from April 1, 2014. “In order to make a smooth transition Mr. Enderby has been appointed to the Hemas Holdings Board with immediate effect, and will play the role of Deputy CEO. Hemas has also appointed the Group Chief Financial Officer, Malinga Arsakularatne to the Board.”
The company said that during the interim period the current CEO Husein Esufally will take on the dual role of CEO and Chairman until 31 March 2014. Thereafter, he will play the role of Non-Executive Chairman, providing continuity and support to the incoming CEO.
CEO designate Mr. Enderby’s global experience spans across four continents over a period of three decades. His experience through globally renowned firms such as CDC Capital Partners and Actis has given him exposure to multiple business sectors and corporate environments.