DAMMAM, 19 January 2007 — Zamil Steel has announced the appointment of Adnan A. Al-Mansour as president. He was formerly the company’s executive vice president where he was credited with steering the growth of Zamil Steel during the last three years.
According to Khalid Al-Zamil, managing director of Zamil Industrial Investment Company (ZIIC), of which Zamil Steel is a business sector, the appointment is set to further chart the continued growth and expansion of the organization.
“Al-Mansour belongs to a class of visionary leaders. An effective communicator and strategist, he has played an integral role in driving the long-term competitiveness of Zamil Steel. As president he will lead development activities to further develop and expand our business across the world,” said Al-Zamil.
During his term as executive vice president, Al-Mansour spearheaded initiatives in management and financial planning and resource allocation, which led to Zamil Steel’s record achievements for the past three years.
These initiatives will continue with the added focus of accelerating the organization’s long-term competitiveness.
“I am honored to be leading Zamil Steel in my new capacity. Our focus this year will be on further enhancing our capabilities and market reach by capitalizing on our 2006 performance achievements, by making ongoing investments at all levels and by commencing operations of our new factories in the UAE, India and Vietnam, and by those of our expanded factory in Egypt,” said Al-Mansour.
“Such investments strengthen our competitive resources and allow us to continue delivering the best in terms of quality, services and cost effectiveness. Our growth aspirations will be further served by the benefits of accelerated cycle times and new synergies made possible by an expanding presence and increased capabilities.” Khalid Al-Zamil, who held the dual role of managing director of ZIIC and president of Zamil Steel, has relinquished his position at Zamil Steel to focus on organization-wide strategic developmental activities, including those of Al-Zamil Group.