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Business 1 min read 24 views

Amanat Board Backs new Leadership to Drive Growth and Unlock Shareholder Value

The Board of Directors of Amanat Holdings PJSC, the GCC's largest Healthcare and Education Investment Company, has today elected Mr. Hamad Abdulla Alshamsi as Chairman and Dr. Shamsheer Vayalil as Vice Chairman and Managing Director of the company. The board provided a clear vote of confidence in the new Chairman and Vice Chairman to expand the business by recognizing new chances to release Amanat's funding with calculated and timely investments in the medical care and education sectors in the UAE and across key international markets.

The election of the new Chairman and Vice Chairman adheres to the visit of four new board supervisors at Amanat's general assembly conference hung on November 16, 2017. The new board participants include: H.E. Hamad Rashed Nehail Alneaimi, Mr. Hamad Abdulla Rashed Obaid Alshamsi, Mr. Mohamed Thaaloob Salem Hamad Alderei and Dr. Shamsheer Vayalil.

Dr. Shamsheer brings a wealth of experience and experience in the medical care market and as Chairman and Managing Director of VPS Health care, has transformed the company into a leading global incorporated health care companies with a growing visibility throughout the GCC, Europe and India.

Commenting on the resolutions of the board conference, the newly designated Chairman of the Board of Amanat, Mr. Hamad Abdulla Alshamsi stated: "I want to give thanks to the previous board participants for their payments and hard work over the last 3 years. Amanat remains in a great setting from which the new board and monitoring group will certainly planning to actively pursue a mandate to provide outstanding health care and education solutions in the GCC region and internationally."

" The new board members bring considerable strength and depth to Amanat's proposition, particularly on the effective implementation of funding in a prompt and appropriate manner. I look forward to guiding the board and the company on the next phase of its path to growth."

Dr. Shamsheer Vayalil included: "Amanat has the potential to become a game changer in health care and education, not only in the UAE but on the global phase. "Both markets are ripe for financial investment and with Amanat's strong economic placement, now is the moment to implement a strategic and enthusiastic financial deployment strategy that will open further worth for investors. I anticipate playing an energetic duty in driving the business forward at this exciting time."

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