Emaar Malls appoints new CEO
Emaar Malls has announced that Patrick Bousquet-Chavanne will take over as new chief executive officer from August
Emaar Malls has announced that Patrick Bousquet-Chavanne will take over as new chief executive officer from August.
In a statement to the Dubai Financial Market, Emaar said that Bousquet-Chavanne will “focus on preparing our malls business for tomorrow's challenges and further increase our customers' trust, strengthen tenant relationships and enhance the digital experience."
Bousquet-Chavanne previously worked at Marks & Spencer, where he served as chief marketing and digital officer, helping position MarksAndSpencer.com as one of the UK's foremost clothing and footwear retail websites.
Emaar Malls' current CEO, Nasser Rafi has "decided to take up new challenges” with details of his new post within the group to be announced at a later time, the statement added.
The announcement came on the same day as the company announced a net profit of $149m (AED 548m) in Q1 2018, slightly above the $147m (AED539m) recorded in Q1 of the previous year.
Emaar Malls was listed on the Dubai Financial Market in 2014.