UAE property developer appoints key figures in sales, finance and operations
Luxury residential and hospitality property developer Seven Tides has made key appointments to its senior management team, to spearhead corporate strategy, as the UAE economy continues to grow steadily, after the effects of the pandemic. Darryl Hutchison, Marc Ferreira and Fady Hamad, will assume responsibility for sales, finance and operations respectively.
“It was important that we not only strengthened our overall management team but provided experienced figureheads to plan and direct strategy in these key areas. We are facing the ‘new normal’, with transparency, social conscience, sustainability and technology shaping the way in which we operate,” said Abdulla bin Sulayem, CEO, Seven Tides.
Initially, Hutchison joined Seven Tides last year as head of sales and despite the social restrictions as well as the economic uncertainty that prevailed during the Covid outbreak, he still managed to drive sales for Seven Tides’ Golf Views & Seven Palm projects, worth over US$152 million in 2020. The multi-award-winning Hutchison who has more than 13 years’ experience in business development will now have added executive responsibility, in addition to managing a team of 23 employees, covering sales, sales support and CRM.
With over a decade of experience, Marc Ferreira was recently appointed as head of finance for Seven Tides, taking responsibility for the financial accuracy and reporting of sales, leasing, Owners’ Association and Dubai Heights Academy. South African national Ferreira was previously commercial manager after being promoted from financial manager for a large organisation from the Durban Metropolitan Area in South Africa, having started his career as an auditor at international accounting and consulting firm Grant Thornton in Johannesburg.
Fady Hamad, has been promoted to head of construction and development – engineering and will oversee all of Seven Tides’ projects. Having joined Seven Tides in 2015, Hamad along with his team, manage all of the company’s contractors and suppliers for multi-million-dollar projects on the Palm Jumeirah and Jumeirah Lakes Towers (JLT). Hamad is also responsible for the maintenance division, which manages over 50 properties across a diverse portfolio which includes villas, apartments and warehouses, as well as heading-up Seven Tides Owners Association.
“Darryl, Marc and Fady, are leaders with proven track records and are welcome additions to our executive team,” said Abdulla bin Sulayem, CEO, Seven Tides.
About Seven Tides :
Based in Dubai, United Arab Emirates, privately owned Seven Tides is an internationally oriented holding company established in 2004. Currently focusing on hospitality and real estate sectors, Seven Tides thinks progressively, works creatively, partners strategically and acts quickly. The result is a current portfolio of offerings from landmark hospitality acquisitions and commercial buildings to residential towers and multi-use complexes in the gateway cities of London and Dubai.