Mazad leadership shift aims to diversify offerings

TDT| Manama

Email : editor@newsofbahrain.com

Mazad’s leadership transition signals a broader strategic push to scale innovation and diversify offerings, with the new CEO bringing experience from Bahrain’s telecom and SME sectors.

The company has appointed Nezar Hasan Habib as its new Chief Executive Officer, effective Sunday. Nezar brings over two decades of leadership experience across the telecom and banking sectors in Bahrain and the UAE. His most recent role was Director of SME at STC Bahrain.

Board confidence

Mazad, a portfolio company of Bahrain Mumtalakat Holding Company, praised Nezar’s background in building h i g h - p e r f o r m i n g teams, leading marketing initiatives, and driving strategic growth.

Chairperson of the Board, Marwa Khaled Al Saad, welcomed the appointment, s a y i n g : “ M a z a d ’ s entering its next phase with a clear strategy and an exceptional team. We continue to strengthen our core business through deeper government partnerships, while diversifying our portfolio, expanding into new segments, and building a customer-first organisation that creates sustainable, long term value for our stakeholders.”

She also extended gratitude to outgoing CEO Talal Aref Aloraifi, acknowledging his efforts in transforming the company from a startup into a trusted national auction platform.

Vision for growth

Nezar described his appointm entasan honour and said he looked forward to driving Mazad’s next phase of development.

“The company has earned a distinguished reputation as a trusted and forward-thinking leader in the auction industry, and I am excited by the strategic plans we have envisioned to shape its next phase of growth,” he said.

“I am committed to building Mazad’s strong foundation by accelerating innovation, strengthening operational excellence and positioning the company as a benchmark across the region.”

Mazad operates as Bahrain’s premier online auctions platform, offering a digitised approach to asset sales through strategic partnerships and transparent practices.