{"id":36372,"date":"2016-11-29T16:43:22","date_gmt":"2016-11-29T09:43:22","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/arabtec-appoints-hamish-tyrwhitt-as-new-chief-executive\/"},"modified":"2016-11-29T18:12:00","modified_gmt":"2016-11-29T11:12:00","slug":"arabtec-appoints-hamish-tyrwhitt-as-new-chief-executive","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/arabtec-appoints-hamish-tyrwhitt-as-new-chief-executive\/","title":{"rendered":"Arabtec appoints Hamish Tyrwhitt as new chief executive"},"content":{"rendered":"


\nArabtec has appointed as its chief executive Hamish Tyrwhitt, who was also recently made chief executive of Depa.In a statement to the DFM this morning, Dubai-listed Arabtec said that Mr Tyrwhitt had replaced the company’s acting chief executive, Saeed Al Mehairbi, who will remain an Arabtec board member.Arabtec said that as well as taking on the new role, Mr Tyrwhitt would continue as chief executive of the Nasdaq Dubai-listed interiors contractor Depa – the company in which it purchased a 24 per cent stake in 2012. Mr Tyrwhitt worked for 27 years at the Australian construction company Leighton Holdings, working his way up to become group chief executive in 2011. In 2014 he lost his job after the company was taken over by Hochtief, which is owned by the Spanish construction giant ACS. He became chief executive of Asia Resources Minerals, an Indonesian coal mining company listed in London, in March last year, before being appointed as the chief executive of Depa Group in April.Mr Tyrwhitt will have a tough job on his hands at Arabtec. This month the company posted its eighth successive quarterly loss. The company has been undergoing a restructuring following the departure of its previous chief executive Hasan Ismaik, who left the company in mid-2014 amid a share price crisis. Mohamed Al Rumaithi, Arabtec’s chairman, said that Mr Tyrwhitt had the experience to “further strengthen the company’s strategic and financial positioning and achieve its full growth potential.”We are confident that Hamish’s leadership will allow Arabtec to move forward to a successful and sustainable fut\u00adure,” he said.Arabtec shares rose by 2.3 per cent to Dh1.32 in early trading.lbarnard@thenational.ae
\n
\nSource : thenational.ae
\nRead more…Arabtec appoints Hamish Tyrwhitt as new chief executive<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Arabtec has appointed as its chief executive Hamish Tyrwhitt, who was also recently made chief...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-36372","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-9sE","jetpack-related-posts":[{"id":36346,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/arabtec-appoints-new-chief-executive\/","url_meta":{"origin":36372,"position":0},"title":"Arabtec appoints new chief executive","date":"November 29, 2016","format":false,"excerpt":"\r Arabtec has appointed the recently appointed Depa chief executive Hamish Tyrwhitt as its chief executive.In a statement to the DFM this morning, Dubai-listed Arabtec said that Mr Tyrwhitt had replaced the company's acting chief executive Saeed Al Mehairbi, who will remain an Arabtec board member.Arabtec said that as well\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":41690,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/arabtec-adopts-new-risk-management-plan\/","url_meta":{"origin":36372,"position":1},"title":"Arabtec adopts new risk management plan","date":"January 24, 2017","format":false,"excerpt":"\r Arabtec has said that it is adopting a new risk management plan.In a statement to the Dubai Financial Market on Tuesday morning, the Arabtec chief executive Hamish Tyrwhitt said that the company had supported a new group-wide enterprise risk management plan at its board meeting on Monday.Arabtec shares were\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":41682,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/arabtec-adopts-new-risk-management-plan-in-bid-to-cut-costs\/","url_meta":{"origin":36372,"position":2},"title":"Arabtec adopts new risk management plan in bid to cut costs","date":"January 24, 2017","format":false,"excerpt":"\r Arabtec has said that it is adopting a new risk management plan as the company continues to cut costs in the wake of a major restructure.In a statement to the Dubai Financial Market on Tuesday morning, the Arabtec chief executive Hamish Tyrwhitt said that the company had supported a\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":51544,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/capital-restructuring-will-allow-arabtec-to-focus-on-long-term-prospects-says-chief-executive\/","url_meta":{"origin":36372,"position":3},"title":"Capital restructuring will allow Arabtec to focus on long-term prospects, says chief executive","date":"April 11, 2017","format":false,"excerpt":"\r Arabtec Holdings's chief executive, Hamish Tyrwhitt, has said that he is confident the capital restructuring programme, for which the company will seek approval from shareholders next week, will allow the group \"to capitalise on the positive long-term outlook for the construction and engineering sector in our key geographic market\".\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":49178,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/arabtec-is-on-top-of-risks-says-firms-chief\/","url_meta":{"origin":36372,"position":4},"title":"Arabtec is on 'top of risks', says firm's chief","date":"March 22, 2017","format":false,"excerpt":"\r Hamish Tyrwhitt, the chief executive of Arabtec, which has about Dh6 billion worth of trade and other receivables owed to it, expects the company to be \"on top\" of its risks as the builder pursues outstanding payments and prepares to raise Dh1.5bn in a rights issue as it seeks\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":43353,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/arabtec-announces-second-board-meeting-of-the-year\/","url_meta":{"origin":36372,"position":5},"title":"Arabtec announces second board meeting of the year","date":"February 8, 2017","format":false,"excerpt":"\r Arabtec has announced that it will be holding its second board meeting of the year on February 12 to discuss its 2016 results, the UAE's largest listed construction company said in a statement to the Dubai Financial Market this morning. Arabtec's shares were suspended on the DFM on January\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/36372"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=36372"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/36372\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=36372"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=36372"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=36372"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}