Move is part of a ‘well defined strategy’ to increase the number of UAE nationals within workforce
Emirates Steel, a subsidiary of Abu Dhabi Basic Industries Corporation (ADBIC), has announced the appointment of Saeed Ghumran Al Romaithi as the company’s first Emirati chief executive officer.
The move is part of “a well-defined strategy to increase the numbers of UAE nationals within the workforce and to make benefit of high qualified cadres in leadership positions,” said chairman of Emirates Steel, Suhail Mubarak Athaeeth Al Ameri.
According to the steel producer’s five-year strategic plan, 50% the people working for Emirates Steel will be UAE nationals by 2015. Currently, 25% of the workforce at are UAE nationals.
Al Romaithi replaces outgoing CEO Gregor Muenstermann who was appointed to the job in 2009. Also serving as senior vice president of Operations, Al Romaithi is a graduate of California State University in electrical engineering.
He worked for GHC, the parent of ADBIC, before moving to Emirates Steel, where he worked as a production engineer, and later on advanced through a number of positions working his way to vice president of Primary Production, and later on assumed his current position.