Eshraq’s CEO steps down: ADX-listed private equity firm Eshraq appointed former chief strategy officer Tanvir Haque (LinkedIn) as acting CEO as of 1 September following the resignation of former CEO Mohamed Al Hashimi (LinkedIn), according to disclosures to the ADX (here and here). The disclosure didn’t specify a reason for Al Hashimi’s departure, but Al Hashimi will take on a role as an advisor to the board.

Haque brings over two decades of experience in executive leadership and growth strategy, with a background spanning financial services, telecom, real estate, ins., and aviation. His previous roles include serving as CSO of Expresso Telecom and overseeing risk and resilience governance at Abu Dhabi Airports, and he has also worked at the likes of Standard Chartered and PwC.

Al Futtaim Electric Mobility appoints new MD: UAE-based EV dealership Al Futtaim Electric Mobility — a subsidiary of conglomerate Al Futtaim — tapped Lucas Bellieud (LinkedIn) as its new managing director, according to a press release. His mandate includes focusing on growth across the firm’s portfolio, which includes brands like BYD and Polestar.

Bellieud has over 25 years of experience in international automotive leadership and has held a number of leadership positions at Renault across its operations in Europe, Africa, and the Middle East.

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