In its statement to the Abu Dhabi Securities Exchange (ADX) today, Agthia Group, one of the UAE’s leading food and beverage group, announced the appointment of Iqbal Hamzah as Chief Executive Officer (CEO) for the Group.
The appointment is effective immediately, Agthia’s statement highlighted, adding that Mr. Hamzah, a Pakistan national, has been working in Agthia since 2006. He was also the Group’s first Chief Financial Officer (CFO).
It is worth mentioning that Agthia is enjoying significant growth in its brand portfolio, particularly after launching Monster beverage products in the UAE earlier this year. Moreover, it recently commissioned a new high-speed bottling line and a new modern mega distribution centre.
Furthermore, its commercial launch for frozen baked products is scheduled for Q4-14.