Outgoing chief executive Steve Lever to be replaced by current COO, Colin Timmons
The long-serving CEO of the Dubai-based Al Naboodah Construction Group is to step down from July 1, 2016, the company has announced in a statement.
After nearly 30 years of service with the company, Steve Lever has decided to step down to take on a strategic advisory role with the company. Al Naboodah’s current chief operating officer Colin Timmons has been appointed as his successor, the statement added.
Lever will remain with the company to ensure a successful handover.
“Under Steve’s leadership, the group has positioned itself as one of the most recognised and trusted construction firms in the region, with a reputation for delivering the most prestigious, highly complex and challenging projects – on time and within budget,” said Paul O’Flaherty, group CEO at Al Naboodah Group Enterprises, the holding company for the construction group.
During Steve Lever’s tenure as CEO, Al Naboodah Construction Group has worked on a number of landmark Dubai projects, including the construction and expansion of Dubai International and Dubai World Central airports.
As CEO, Lever has overseen the company’s expansion into new markets and an increase in workforce to more than 13,000 employees. He also led the development of the company’s in-house facilities, which has allowed the group to self-deliver on key projects, the statement added.
Over the next few months, Lever will move into a transitional role to oversee work in Qatar and will continue to manage key clients in the UAE during this period. Incoming CEO Colin Timmons will then formally take over full responsibility from July 1.
“Colin’s transition to the CEO role comes after joining Al Naboodah Construction as COO earlier this year in terms of our pro-active succession planning. He has held a number of senior roles with major UK-based construction companies, and for the last five years has been general manager in Abu Dhabi for Al Faraa General Contracting Co.,” Mr O’Flaherty added.
“Colin has been at the forefront of the global construction industry for many years and his leadership and vision will see the group continue to achieve the strategy laid out by Steve. The forecast for the next year is highly positive and Colin’s leadership will ensure we can continue to remain synonymous with delivering world-leading construction projects.”