Palestine Development and Investment Company Limited (PADICO) announced the appointment of Nimr Abdel Wahed as Head of Financial Management, succeeding Amjad Hassoun, who retired from his position after providing his outstanding services to the company over the past 25 years.
Abdul Wahed has a distinguished professional career and more than 20 years of practical experience, the last of which was at PADICO, which he joined since the beginning of 2018, where he held senior positions in the fields of financial management, business development and investment. Abdul Wahed also gained more than 7 years of experience in the field of auditing. He worked with the global auditing firm Ernst and Young, during which he worked with major local companies and international institutions.
Abdul Wahed is a member of the boards of directors of many public and private companies, the most important of which are Chairman of the Board of Directors of the Palestine Real Estate Investment Company (PRICO), Member of the Board of Directors of the Palestinian Distribution and Logistics Services Company (Wasel), Member of the Board of Directors of Jericho Gate Company, and Chairman of the Board of Directors of Pal Gas Services and Distribution Company. .
PADICO CEO Abdullah Sabat said: “The strong financial background, proven track record of achievements, and Abdul Wahed’s analytical mentality will constitute a qualitative addition to PADICO’s financial management, and I look forward to working with him to achieve more achievements and develop work within the group.” Sabat, on behalf of the company’s family, also thanked the former Chief Financial Officer, Amjad Hassoun, for his efforts and achievements during his long years of service at PADICO, where he had an important role and imprint in the company’s success, noting that Hassoun is part of the PADICO family, and will continue to work as an advisor to its management. Executive and represented on the boards of directors of a number of its companies.
In turn, Abdul Wahed expressed his thanks to the Chairman and members of PADICO’s Board of Directors and the CEO for the precious trust they gave him, saying: “I look forward to working with the CEO and my colleagues in the executive management to continue leading the company and its leadership in the Palestinian national economy, and I am confident that our joint efforts will yield results towards Further development in the journey of this ancient investment group,” praising the efforts made by Hassoun and his role in advancing PADICO throughout his years of service.
For his part, Amjad Hassoun said: “I had the honor to work in this ancient economic edifice. PADICO was and will remain my second home, which I am proud of. I also extend my sincere thanks to the Board of Directors and Executive Management for this rich experience, wishing PADICO continued success and success.”
It is worth noting that Abdul Wahed holds a master’s degree in business administration and finance and a bachelor’s degree in accounting from Birzeit University, and a certified public auditor (CPA) from the state of New Mexico in the United States of America. He is a member of the American Society of Certified Public Accountants
Source: Maan News Agency