Forbes' Top 100 CEOs In The Middle East 2022
This article was originally published in Forbes.
Irrespective of the economic environment, market conditions, and other factors, it is the CEO who bears most of the responsibility for the success or failure of the company they lead. This is becoming more apparent in the Middle East, where corporate governance has been improving for several years. There is now a clear separation between ownership and management in companies throughout the region. This trend is particularly strong in government-owned businesses, with even sectors such as defense and utilities now being incorporated and even being listed on stock exchanges. This has made CEOs focus more on long-term benefits that stem from innovation, technology, and ESG initiatives.
Irfan Tansel
Designation: CEO
Company: Al Masaood Automobiles
Country: U.A.E.
Nationality: Turkish
Sector: Automobile
Tansel joined Al Masaood Automobiles as CEO in 2017. Today, Al Masaood is the primary distributor of Nissan, INFINITI, and Renault in Abu Dhabi, Al Ain, and the U.A.E.’s western region, and it employs 1,000 people. The company claims that its Nissan Service Center in Mussafah is the largest service center in the world. The group recorded revenues of $1.5 billion in 2021. In 2019, Al Masaood Automobiles was the first Nissan Dealership in the region to launch an e-commerce car-buying website with Nissan.
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