*** ----> Garfield Jones retires as Gulf Hotels Group CEO; Ahmed Janahi new CEO | THE DAILY TRIBUNE | KINGDOM OF BAHRAIN

Garfield Jones retires as Gulf Hotels Group CEO; Ahmed Janahi new CEO

TDT | Manama    

The Daily Tribune – www.newsofbahrain.com

Gulf Hotels Group, a leading hospitality management company announced the retirement of Garfield Jones from his current position as Group Chief Executive Officer, effective 30th September 2023 after almost 28 years of service with the Group.

Jones will remain with the Group as an advisor until the end of March 2024. The Board of Directors of Gulf Hotels Group also announced Ahmed Janahi as the Group Chief Executive Officer, effective 1st October 2023.

Farouk Almoayyed, the Chairman of Gulf Hotels Group, commented: “On behalf of the Board of Directors, I would like to relay our sincere thanks and appreciation to Garfield Jones for his leadership and significant contribution to the success of the Group over the past 28 years; additionally we are delighted to welcome Ahmed Janahi in the position of Group CEO and express our confidence on his strategic capabilities and professional experience to lead the Group into its next levels to capture growth opportunities and deliver value for shareholders”.

Ahmed has over 24 years of professional experience in the fields of investments, asset management, strategic planning, property management & development and engineering.

Prior to his last position in Mumtalakat as Senior Director - Private Markets, he held several senior leadership roles at Mumtalakat including Vice President of Investments responsible for real estate and hospitality sectors, portfolio management and execution of real estate and hospitality investments in Bahrain and globally.

He also served as Acting CEO of Bahrain Real Estate Investment Co (Edamah) in 2011.

Prior to joining Mumtalakat in 2007, he worked for several years at Bapco, where he held a variety of roles in local and international marketing divisions. He previously chaired the board of Southern Tourism Company, and served as a Director on various Boards including Durrat Khaleej Al Bahrain, Marina Durrat Al Bahrain, and Southern Area Development Company.