Wusoom appoints new board members after BlueFive acquisition + BGN taps new Dubai-based Africa business head

Wusoom appoints new board after BlueFive takeover: Abu Dhabi-based investment holding company Wusoom has named five new board members following its acquisition by BlueFive Capital, according to a press release (pdf). The new board is chaired by BlueFive founder and CEO Hazem Ben-Gacem (LinkedIn),who is joined by BlueFive’s Head of Private Equity GCC Mouna Sarih (LinkedIn), Head of Private Equity GCC Europe Emily Morse (LinkedIn), and non-executive directors Cristiano Silei (LinkedIn) and Nikolai Riesenkampff (LinkedIn).

BGN appoints new Africa business head in Dubai: Energy and commodities trader BGN appointed Guillaume Letessier as head of business development for Africa, based in Dubai, Bloomberg reports, citing a company spokesperson. Letessier left Gunvor earlier this year.

BGN is on a hiring spree: At the end of August, Gianluca Bonuglia (LinkedIn), previously at Litasco, will join as head of business development for light distillates at the firm’s Geneva headquarters.

REMEMBER- BGN ❤️ UAE: In February, a syndicate of UAE lenders more than doubled BGN’s finance facility to USD 232.5 mn to support its global commodities expansion. BGN also secured a USD 235.5 mn sharia-compliant loan from a UAE syndicate led by Abu Dhabi Islamic Bank to finance three very large gas carriers for its JV with Al Seer Marine.

ALSO- Sharjah appointed Khawla Jassim Al Serkal (LinkedIn) as vice chair and Wafaa Taymour (LinkedIn) as CEO of the Sharjah Hospitality Group, state news agency Wam reports. Al Serkal has led the Sharjah Ladies Club for over 20 years, while Taymour has 18 years of experience in hospitality and events.

Sharjah Hospitality Group? Established last week, Sharjah Hospitality Group is an independent government entity under the Sharjah Family and Community Council. The group will set hospitality policies, manage facilities, oversee the Sharjah Ladies Club, Al Jawaher Reception and Convention Center, and other affiliated entities, as well as implement programs, partnerships, and training. Its funds will come from government allocations, revenues, investments, and sponsorships.