Wates Group appoints new CEO
Ex-BAE Systems man joins contractor with presence in Abu Dhabi
The Wates Group has announced that Andrew Davies, formerly of BAE Systems, has been appointed as chief executive.
The appointment follows Wates Group’s announcement in April 2013 that it would be recruiting a new chief executive following the decision by Paul Drechsler to step down after nearly 10 years in the role.
Wates Group operates a joint venture in the UAE with Al Fara'a General Contracting, which is involved in a number of contracts in Abu Dhabi under the emirate's Future School Programme.
Davies was previously managing director of BAE Systems’ Maritime business, a major division of BAE Systems, managing a turnover in excess of £2bn and over 14,000 employees.
During his time with the company, he also spent two years living in Abu Dhabi, which has contributed to his knowledge of the region.
Wates chairman, James Wates: “Andrew joins our company at a very exciting time as the construction industry begins to see some positive signs of recovery from this prolonged recession. We finished 2013 with a significantly improved order book providing strong prospects for growth in 2014.”