TECOM Investments, which recently acquired a 60 per cent controlling stake in Maltacom and presently is in negotiations with the Maltese government on the setting up of SmartCity@Malta, has announced the appointment of Abdullatif Al Mulla as the new CEO of the organisation. Ahmad Bin Byat, the former CEO, will assume the role of Executive Chairman of TECOM Investments.

The new appointments respond to TECOM Investments’ rapid development and diversification as well as the expansion of its global investment portfolio over the past year.

“With his vast corporate experience and proven leadership qualities, Abdullatif Al Mulla is the ideal person to take the reins of TECOM Investments,” said Ahmad Bin Byat. “ Under his strategic guidance, TECOM will become a stronger force for knowledge-industry growth as well as develop into a richer and more vibrant community,” he added.

“To be nominated the CEO of this visionary organisation that is at the forefront of Dubai’s economic diversification, is an honour. The future for TECOM is going to be an exciting one because it holds immense opportunities. On my part, I look forward to developing fresh initiatives that will help TECOM meet its vision and objectives. The year ahead will be promising, particularly because many of our newer projects start welcoming their first business partners.”

Al Mulla will be responsible for giving strategic direction and driving new initiatives. He will have overall responsibility for managing TECOM’s entities and ensuring the development of commercially viable projects.

Prior to joining TECOM, Al Mulla spent over nine years at the Microsoft regional headquarters in Dubai where he led the development of subsidiaries in the Gulf, Yemen and Pakistan. He last served there as General Manager for South Gulf, UAE, Oman, Yemen & Pakistan.