Dubai's top listed firm Emaar quietly replaces Singaporean CEO Low Ping
Published on Jan 23, 2014 5:12 PM
DUBAI (Reuters) - Emaar Properties, Dubai's top listed company by market value, quietly replaced its Group Chief Executive Low Ping late last year, appointing Abdulla Lahej as her replacement, industry sources aware of the matter said.
Neither Ping's departure, which sources say happened towards the end of 2013, nor the appointment of Lahej was made public by Emaar, which has built the world's tallest tower, the Burj Khalifa, and spearheaded a dramatic recovery in the emirate's property market.
Emaar did not respond to emails seeking comment. The sources spoke on condition of anonymity and did not provide a reason for Ping's departure.
Reuters could not reach Ping for comment. Emaar's website now shows Lahej as the group CEO and says he joined the firm in 2000 as an assistant project manager.
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