Al Hamra Group has announced four new major appointments across its finance, hospitality, mall and FM divisions

Ras Al Khaimah’s largest real estate developer, Al Hamra Group, has announced four new senior appointments across its hospitality, retail, facilities management and finance operations to lead the company in its next phase of growth solidifying its position as the market leader in the Ras Al Khaimah.

The new appointments include Frederic Savoye as President of the Hospitality Business; Ross Hargrove, Manar Mall Manager; Paul Healy, Head of Facility Management; and Raman Garg, Group Chief Financial Officer (CFO).

Benoy Kurien, General Manager of Al Hamra Real Estate Development (AHRED), said: “We are delighted to welcome these new members to the Al Hamra Group team and together we look forward to achieving the objectives we have set out as our company faces this new and exciting chapter in its growth. We have always set ourselves incredibly high standards and this new cohort of senior business leaders will not only meet, but exceed our existing quality threshold.”

Reporting directly to the Chairman, CFO Raman Garg will lead the company’s finance department, while also fulfilling responsibilities as a member of the Finance Executive Committee (FEC) representing Al Hamra Group. “This is a critical role and we are excited to have Raman Garg with all his expertise taking the helm” said Benoy Kurien

With more than 25 years’ experience, Garg has worked with a range of global organisations in manufacturing, financial services and investments, such as Sequoia Capital, India Shelter Housing Finance, Max New York Life Insurance, Coca-Cola and Pepsi Co. 

With nearly 20% of Ras Al Khaimah’s beachfront hotel rooms owned by Al Hamra Group, and as Ras Al Khaimah’s single largest tourism stakeholder, in the newly created role of President of Hospitality Business, Frederic Savoye will be instrumental in driving revenue to support Ras Al Khaimah’s goal to become a top tourism hotspot in the Middle East. Preparations are currently underway for the arrival of one million visitors by the end of 2018 and 2.9 million visitors by 2025. Drawing on two decades’ experience with brands such as Accor Hotels, Kempinski Hotels and Hilton Worldwide, he has worked in the Middle East, Africa, Asia, Europe and the Indian Ocean.

Highly regarded for his strategic and innovative thinking, Savoye will oversee all aspects of Al Hamra Group’s hospitality offering, which currently includes four luxury hotels and resorts: Waldorf Astoria Ras Al Khaimah; Hilton Al Hamra Beach & Golf Resort, The Al Hamra Residence and Village, and the eagerly anticipated Ritz-Carlton Al Hamra Beach due to open in Q4 2017.

The development of malls and complementary integrated leisure facilities is also a key component of Ras Al Khaimah’s tourism strategy. At the helm of RAK’s first, largest and most popular mall, Al Hamra Groups’ Manar Mall, is newly appointed Ross Hargrove, a dynamic, driven and capable leader who has previously managed multi-million-dollar shopping centers in the UK for Jones Lang LaSalle (JLL) and Hammerson, receiving average annual footfall in excess of 10 million visitors.

An expert in matching popular brands with entertainment facilities, Hargrove has been instrumental in leading his teams to numerous awards, including: the 2015 Best Security Team in the South East of England by the British Security Industry Association and the British Security Industry Association’s national award.

Al Hamra Group operates two malls in the emirate. Manar Mall in the heart of Ras Al Khaimah, which is currently undergoing a AED390 million expansion, which will take the total size of the complex from 304,434sqft, to over 600,000sqft. Ras Al Khaimah is also home to Al Hamra Mall, located at Al Hamra Village. Covering 400,000sqft, the community complex accommodates a wide range of stores for tourists popular with residents of the emirate.

Real Estate Management Services (REMS) is the property management and maintenance service company established by AHRED in 2016. Paul Healy has been appointed to lead the operation and strategic direction of the company in the United Arab Emirates and is responsible for the regional growth of REMS Facility Management.

Healy joined the group earlier this year, having previously worked in the fields of operations and construction, technical direction, engineering and territory management. He has spent the last 19 years in the Gulf region, working on prestigious projects including the Palm Jumeirah, The World Islands, Burj Khalifa, Yas Island, YAS F1 circuit and Emaar Dubai Marina Phase 1.

For further information please call 800-Al Hamra (800 254 26 72) or visit alhamra.ae.

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Al Hamra Group
The Al Hamra Group is a Ras Al Khamiah based real estate development and investment company. The group is focused on providing premier lifestyle real estate developments, and investing in the luxury hospitality and leisure segments. In line with the Emirate’s growth, the Al Hamra Group has been instrumental in shaping the real estate landscape in the Emirate since its formation in 2003.

With four main business segments: real estate, hospitality, retail and leisure, the group has become the main leading real estate developer in Ras Al Khamiah and one of the most dynamic ones in the Middle East.

© Press Release 2017