Aramex CEO Bashar Obeid resigns after 28-year career with the courier company

  • Date: 02-May-2021
  • Source: The National
  • Sector:Economy
  • Country:UAE
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Aramex CEO Bashar Obeid resigns after 28-year career with the courier company

Dubai-listed Aramex said its chief executive Bashar Obeid resigned from his role after 28 years at the Middle East's largest courier company.

Mr Obeid, who resigned from his position on April 29 for "personal reasons", will continue to lead the company until his successor is announced, Aramex said in a regulatory filing to the Dubai Financial Market (DFM). The executive will stay on as an advisor to the company.

At a meeting scheduled for May 5, the board will discuss the appointment of a new CEO, first-quarter earnings and other business updates, Aramex said.