Emaar Development, a subsidiary of Emaar Properties, has appointed Bader Hareb as CEO, replacing Chris O’Donnell who took the helm less than a year ago.
Emaar Development (profile) did not explain why former Nakheel executive Mr. O’Donnell had been replaced by Mr. Bader Hareb, or whether he would remain with the company in a different capacity.
Mr. Bader Hareb (biography) joined Emaar Properties as Executive Director in charge of development in August 2017.
Prior to that, he was Chief Executive Officer of Investment Sector at Dubai Healthcare City since December 2015, where he was responsible for driving development in DHCC Phase 1 and Phase 2, and strengthening its value in medical tourism. He oversaw planning of Phase 2, occupying 22 million square feet, and the existing operational Phase 1, dedicated to healthcare and medical education, occupying 4.1 million square feet.
Prior to his appointment at DHCC, Mr. Bader Hareb held senior positions in major organizations within the real estate and telecommunications industries.
In his previous role as Chief Property Officer at Majid Al Futtaim (MAF) Properties, he spearheaded large-scale investment projects in the MENA region and concurrently served as Vice Chairman at Sharjah Holding and The Wave, Muscat; and as Board Member at Inshaa, Dubai.
Earlier, Mr. Hareb served as Managing Director (Development, Procurement and Contracts) at Nakheel, where he strategized and managed several projects and was instrumental as a member of the team that steered the real estate developer through a period of significant financial challenge, restructuring debts and improving financials.
At the beginning of his career, he handled projects at Mobily in Saudi Arabia and Etisalat in Dubai.
A native of Dubai, Mr. Hareb earned his Executive Master of Business Administration from the American University of Sharjah and a Bachelor’s Degree in Civil Engineering from United Arab Emirates University. He is a graduate of Dubai Leadership Program through The Wharton School of the University of Pennsylvania.