ABU DHABI / WAM
Mubadala Development Company, the Abu Dhabi-based investment and development company, on Monday announced that wholly owned asset Strata Manufacturing PJSC (Strata), the advanced composite aero-structures manufacturing facility, has made a range of new leadership appointments in order support Strataâ€™s next phase of growth, including its expanding portfolio of products and capabilities for global original equipment manufacturers (OEMs).
Following the announcement, Cyril Arar has been appointed as new chairman of the board of directors; Ismail Ali Abdulla becomes deputy chief executive officer; and Murray Hundleby becomes General Counsel.
Commenting on the appointments, Strata CEO, Badr Al Olama said, “We are delighted to welcome Cyril, Ismail and Murray to the Strata family. All have a strong track record of leadership, robust business performance, and regional expertise. I have no doubt that they will have a positive impact on achieving our plan for continued development from day one.”
With the upcoming expansion of Strataâ€™s manufacturing capabilities in Al Ain, Cyril will replace Homaid Al Shemmari as Chairman. Homaid has led the Board since Strataâ€™s founding in 2010 and will continue to support Strata in his role as CEO of Aerospace & Engineering Services at Mubadala. Cyril has held various roles within the Aerospace industry, most recently within Mubadalaâ€™s Aerospace and Engineering Service platform where he leads the unitâ€™s Defense Services vertical. Prior to his role within Mubadala, Cyril served as the CEO of Al Taif Technical services for over seven years and also served as a Lieutenant Colonel in the U.A.E. Armed Forces, specialising in life cycle management of Land Systems.
For the newly created position of Deputy CEO, Ismail Ali Abdulla will be charged with building up capabilities for Strata next phase of development and will also be responsible for guiding the commercial department, building management services, and overseeing business performance and risk management.