Dubai, UAE: Emirates Integrated Telecommunications Company (du) today announced the appointment of Masood Mahmood as a Board Member with effect from 10 December 2014. Mr Mahmood replaces outgoing board member Jassem Mohamed Al Zaabi.
Masood Mahmood is CEO of Yahsat, the region's first multi-purpose satellite system providing customised satellite solutions for governments as well as the commercial sector in the Middle East, Africa, Europe and Central to South West Asia.
In his role at Yahsat, Masood Mahmood is responsible for the management and full deployment of Yahsat’s operational capabilities. Prior to his role as CEO, Masood held senior positions at Mubadala’s Information and Communications Technology unit (ICT) where he was responsible for corporate strategy and management of all assets within the unit including du, EMTS, Inizat and Yahsat.
Ahmad Bin Byat, Chairman of du commented: “Masood is a very well-respected sector expert with a wealth of experience relevant to our company. I am delighted to welcome him to the du Board. I would also like to thank Jassem Mohamed Al Zaabi for his service since the establishment of du as a board member and wish him every success in his future endeavors.
“We firmly believe in translating our values into actions and our commitment to good governance is evident throughout the culture of our organisation. As a key part of this, we take the composition of our board of directors very seriously; to ensure that we have the most effective leadership and advisers possible to help drive the continued success of the company as it enters a new phase.
“We feel a responsibility to act as a role model for organisations across the UAE, and as such, routinely undertake board evaluation studies carried out by an independent party, acting on the recommendations accordingly. As a result, we are proud to be represented by a number of very impressive people at the highest levels of our company.”
du is a market leader in the field of corporate governance, placing strong emphasis in activities that reinforce positive values throughout the organisation. du firmly believes that governance is not just about compliance and control, but it is about creating value and sustainability for future generations and the good of the UAE economy.