Gulf Cryo, the leading manufacturer of industrial, medical and specialty gases in the Middle East, has announced the appointment of Naji Skaf in the role of chief executive officer. Having been with the company for the past eight years, Mr Skaf is well placed to drive the company forward in terms of growth and market positioning.
Fundamental to his role will be directing all executive functions including strategy, business development, operations and support. Based at Gulf Cryo’s headquarters in Dubai, Mr Skaf’s objectives are to continue to grow the company by reinforcing the brand and its subsidiaries across the GCC countries, signing long term supply agreements and expanding its footprint in to new territories.
Mr Skaf’s career at Gulf Cryo started in 2005 with his appointment to general manager of Gulf Cryo subsidiary Arabian Gases. Prior to joining Gulf Cryo he was with the largest international group in the same industry where he worked for six years based in Houston, Paris, and Cairo.
Mr Skaf went on to become chief operating officer of Gulf Cryo in 2008 where he implemented a number of major initiatives to streamline and restructure the business that were key to the company’s continued success through a long and turbulent global economic crisis. During that period he established the group’s presence in Saudi Arabia, Qatar, and Iraq as well as lead the negotiations in the invitation of Investcorp – one of the largest private equity firms worldwide - to the shareholding structure.
Supporting the company’s growth plans with considerable financial and funding expertise, Investcorp has also provided Gulf Cryo with access to a wide network of influential regional decision makers.
To continue the enhancement of corporate governance at Gulf Cryo, a professional executive structure with a board of directors has been formed which report directly into a separate shareholding structure. Due to this Mr Amer Huneidi, Gulf Cryo’s current chairman and previous chief executive officer felt it important to separate the two roles. Now focusing on the chairmanship, Mr Huneidi nominated Mr Skaf for the CEO position.
Speaking of his new role, Mr Skaf said: “I am very appreciative of the board and the shareholders to entrust me with this responsibility. With over 600 employees across the group, we have great team spirit and highly skilled people who will help me drive the group forward. With sustainable growth our main priority, I am excited about leveraging the economic rebound, investing in improved infrastructure, investing in people and remaining a highly profitable group that our customers can trust to provide quality product and service.”
Mr Amer Huneidi, chairman of Gulf Cryo group concluded: “I nominated Naji Skaf to the position of CEO for Gulf Cryo due to his achievements during his tenure and continued commitment to the group’s objectives. He was key to some of the major initiatives implemented over recent years and has successfully led operations through both boom and recession times. I wish Naji great success.”
Mr Skaf holds a B.Sc from McGill University in Montreal and an MBA from the University of Houston. He will be based in Dubai with the corporate team at Gulf Cryo headquarters.