Steve Lever to step down as CEO of Al Naboodah
Al Naboodah Construction Group (ANCG) has announced that COO Colin Timmons will replace Steve Lever as CEO on 1 July, 2016
Al Naboodah Construction Group (ANCG) has announced that long-serving chief executive officer, Steve Lever, will step down from his position on 1 July, 2016.
Lever, who will assume a strategic advisory role at the company, will be replaced by current chief operating officer, Colin Timmons.
ANCG’s outgoing CEO has spent almost three decades at the UAE-headquartered contractor. Paul O’Flaherty, group CEO of ANCG’s holding company Al Naboodah Group Enterprises, praised Lever’s service to the company.
“Under Steve’s leadership, the group has positioned itself as one of the most recognised and trusted construction firms in the region, with a reputation for delivering the most prestigious, highly complex, and challenging projects on time and within budget,” said O’Flaherty.
During Lever’s tenure, ANCG has supported a range of high-profile UAE projects, including Dubai International Airport and Al Maktoum International Airport. As CEO, Lever has been responsible for the company’s expansion into new markets, and growing its workforce to more than 13,000 employees.
During the coming months, Lever will move into a transitionary role at ANCG, overseeing the firm’s work in Qatar and managing key clients in the UAE. Colin Timmons will formally take over responsibility as CEO at the beginning of July.
Commenting on ANCG’s incoming chief exec, O’Flaherty added: “Colin’s transition to the CEO role comes after joining [ANCG] as COO earlier this year, [and reflects] our proactive succession planning. He has held a number of senior roles with major UK-based construction companies, and for the last five years, has been general manager in Abu Dhabi for Al Fara'a General Contracting.
“Colin has been at the forefront of the global construction industry for many years, and his leadership and vision will see the group continue to achieve the strategy laid out by Steve. The forecast for the next year is highly positive, and Colin’s leadership will ensure we can continue to remain synonymous with delivering world-leading construction projects,” O’Flaherty added.