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Yahsat appoints CEO

Masood M Sharif Mahmood confirmed as chief executive of UAE satellite firm

Masood. M. Sharif Mahmood is CEO of Yahsat.
Masood. M. Sharif Mahmood is CEO of Yahsat.

Abu Dhabi-based satellite company, Yahsat, has appointed Masood M Sharif Mahmood as CEO, as of June 2013.

Mahmood, who was previously deputy CEO since June 2012, replaces former CEO Tareq Abdel Raheem Al Hosani.

Yahsat said Al Hosani would join the Yahsat board of directors and would continue to play a "vital role in the organisation's strategic direction".

Jassem Mohammed Al Zaabi, chairman, Yahsat, said: "Tareq played a key role building Yahsat into a world-class satellite communication organisation. Under his guidance and direction Yahsat has gained industry recognition and continues to grow on both a local and international level. I wish Masood the best of luck in his new role and have 100% confidence that he will lead Yahsat to further success."

Masood has experience in corporate strategy and asset management, having worked within Mubadala for several years. Previously his roles have involved investment management and business development for a number of government and semi-government entities such as Dubai Holding, the executive office of HH Sheikh Mohamad bin Rashid Al Maktoum.