DarkMatter appoints Karim Sabbagh as CEO
Leadership position created as DarkMatter continues to grow, company says
DarkMatter has announced the appointment of Karim Sabbagh as chief executive officer.
Sabbagh will become CEO from April 2018, while company founder and current CEO Faisal Al Bannai, takes on the Managing Director role.
Al Bannai will continue to lead DarkMatter's strategic direction and oversight, while Sabbagh will take responsibility for the business.
Faisal Al Bannai commented, "Our vision and goals are ambitious and exponential. As we have set our foothold in UAE, and begun to plan for regional and global expansion, the company will continue to evolve to support its vision, and build its competencies. We have attracted exceptional talent from inception, and with every addition, we have strengthened our ability to achieve our goals.
"There are many things still to be achieved, and not enough time in the day, hence my decision to split the leadership role into that of CEO and of Managing Director. This separation enables me to focus on the strategic direction and oversight of the firm as the Managing Director, while the new CEO will take responsibility for the business. It has taken some time to find the right fit, and in Karim Sabbagh I believe we have found an outstanding professional who will make a great addition to DarkMatter and will bring an additional set of skills and experiences to support the firm's vision. I welcome Karim into the DarkMatter family."
Sabbagh was previously President and CEO of Luxembourg-based communications satellite owner and operator, SES, the world's largest satellite operator. Before that he spent 15 years at Booz & Co (Strategy&, Booz Allen Hamilton), where was a Senior Partner and a global practice leader for Communications, Media & Technology.
Sabbagh holds an MS in Technology Management from Columbia University, a DBA (Doctorate) in International Business Management from the International School of Management (Paris), and an MBA and BBA from the American University of Beirut. He is a visiting professor in Technology and Innovation Management and member of the Academic Council of Écoles des Ponts Business School.
Karim Sabbagh commented: "DarkMatter is a remarkable organisation that is truly living its goal to disrupt the cyber security market by taking a new approach to the way in which nations, organisations and individuals are secured against cyber threats. It is exciting for me to return to the vibrant Middle East region having spent a number of years away, and to lead one of only a handful of full-service cyber security firms present in the world today. I look forward to contributing to building a global cyber security powerhouse in arguably the most significant industry of our time."