Logistics Middle East Power List 2011: 10-6
Welcome to day four of the 2011 edition of Logistics Middle East’s Power 25 List – a detailed ranking of the region’s most influential executives from the warehousing and transportation sector.
Today, we bring you numbers 10-6 on the list.
10. Syed Mustafa, CEO, Almajdouie Logistics World
With the logistics sector increasing its focus on the Saudi Arabian market, it makes sense that Syed Mustafa heads the list of entrants from the Kingdom in this year’s power list. As chief executive officer of Almajdouie Logistics World, Mustafa has helped to pioneer the concept of outsourced logistics in Saudi Arabia, with major breakthroughs being achieved in recent years.
As a result, the growth of Almajdouie Logistics World’s various operations has outperformed some of the biggest players in the industry, especially with ventures such as Almajdouie Logistics and Distribution (MLD), Almajdouie PSC Heavy Lift Company (MPSC) and Almajdouie Heavylift Transport and Engineering (MHL). With over 37 years of experience in supply chain management, Mustafa is also a member of leading associations such as the Chartered Institute of Logistics and Transport (CILT) and Council of Supply Chain Management Professionals (CSCMP).
9. Haluk Ündeger, Middle East, Central Asia and Turkey district manager, UPS
A relative newcomer to the regional logistics industry, Haluk Ündeger was appointed the district manager of United Parcel Services (UPS) in the Middle East, Central Asia and Turkey, following the company’s decision to purchase Ünsped, its service agent in Turkey, which was actually founded by Ündeger in 1981. Following this acquisition, the 51-year old was given responsibility for the express package, freight forwarding and logistics services of UPS in 21 different countries, including Saudi Arabia, Bahrain and the UAE.
Since this time, the company has boosted its market share in the Middle East by launching a range of express delivery solutions. In particular, its ‘Import Control’ shipping solution has proved a success, allowing customers to initiate shipments from outside their home country, arrange for delivery to over 100 countries and territories around the world, and have costs billed to a central point.
8. Werner Kleymann, Middle East manager, Kuehne + Nagel
A major player in the global logistics industry, Kuehne + Nagel has highlighted the Middle East as a key market for future development, attracted by the diversification of local economies and liberalisation of trade across the region. As regional director, it has been Werner Kleymann’s responsibility to overlook a long-term expansion strategy that includes the relocation of Kuehne + Nagel’s Middle East headquarters from Istanbul to Dubai, which was completed in November last year and follows the modernisation of a 16,000m2 logistics terminal in Jebel Ali Free Zone and opening of a 17,000m2 warehouse in Dubai World Central.
Such developments will continue in the near future too, with Kleymann confirming that the Dubai World Central hub will soon be expanded in size to 32,000m2. The executive is also keen to capitalise on market growth in Saudi Arabia and finalised a deal for Kuehne + Nagel to become the first global logistics provider to operate a wholly-owned subsidiary in the Kingdom, which will undoubtedly cement the firm’s regional market share in coming years.
7. Tarek Sultan, chairman and managing director, Agility
As chairman and managing director of Agility, Tarek Sultan has been instrumental in transforming the company from a regional player into a global logistics powerhouse. However, there has been a noticeable impact from recent accusations that Agility overcharged the US government on US$8.5 billion worth of contracts for logistics services in Iraq, Kuwait and Jordan.
The allegations have continued to be refuted in a high-profile court case in the United States, but Sultan has confirmed a staggering 84% drop in net profits last year, compared to 2009 figures, while revenues also decreased by 6% to US$5.8 billion. In response, structural adjustments have been made in the company, with hopes that greater financial and operations discipline will lead to accelerated growth in 2011.
Before heading the Kuwait-based logistics company, Sultan was managing director of New York Associates, a regional investment banking services provider, in addition to serving as associate with Southport Partners, a US-based advisory firm with customers such as IBM and General Electric. Adding to this experience, he holds a degree in economics from Williams College and a masters in business administration from the Wharton School - University of Pennsylvania.
6. Bryan Moulds, Middle East general manager, TNT Express
Having served as general manager of TNT Express in the United Arab Emirates since 2006, Bryan Moulds was promoted to Middle East general manager in January 2011, with responsibility for operations in Jordan, Saudi Arabia, Bahrain, Kuwait and the UAE, in addition to a network of agents in other countries across the region.
His selection was unsurprising for many within the logistics industry, as Moulds has developed an impressive reputation since joining the company’s Middle East operations in 2000, following a variety of sales, marketing and management roles at TNT Express in the United Kingdom since 1989. That reputation has only strengthened with the recent opening of a flagship hub at Dubai International Airport and launch of a daily freighter route that connects the emirate to TNT’s European airfreight centre in Belgium.
Click here for numbers 15-11 on the Power List.