ARIME makes management changes as it positions itself for accelerated growth

 

Nuno Amaral is appointed Chief Executive Officer of ARI Middle East with immediate effect
 
ARI Middle East (ARIME), a partnership between Aer Rianta International (ARI) and Global Investments SPC, is about to embark on an accelerated growth phase with the advent of two new locations and enhanced retail offerings.  
 
ARIME, which has airport stores in Bahrain, Lebanon, Cyprus and Oman, is now set to enter the next phase of its development. Significant new businesses are due to open in Abu Dhabi’s new Midfield Terminal and at King Khaled International Airport in Riyadh, Saudi Arabia. 
 
ARIME will also triple its retail space in Muscat Airport when its new terminal opens later this year and recently retained its contract for the duty free operation in Beirut Airport in tandem with a local partner. 
 
To ensure that ARIME can fully capitalize on these opportunities, the company is making a number of organizational changes. 
 
Nuno Amaral is appointed Chief Executive Officer of ARIME with immediate effect. Amaral previously held the position of Deputy Chief Operations Officer with ARI. He will join the ARIME Board and will also join the ARI Executive Leadership Team.  
 
Before joining ARI, Amaral was Chief Executive of Lojas Francas de Portugal, which at that time was part of the Nuance Group, now Dufry. He has also previously held several leadership positions with Unilever.
 
ARIME has appointed Patrick McKenna to the position of Deputy Chief Executive Officer/Chief Financial Officer ARIME. McKenna, who joined ARI in 1989 and has held several senior leadership positions in ARI and ARIME, is also a member of the ARI Executive Leadership Team.
 
The two appointments aim to reinforce the strategic importance of the Middle East region within the wider ARI business. 
 
“ARIME has enjoyed two decades of successful trading and these management changes will better position the business for its next chapter,” said the firm. 
 
ARIME Chairman Abdulla Buhindi said he was “delighted that ARIME is now perfectly positioned to exploit the growth opportunities in the Middle East region, both from existing operations and new opportunities in coming years”.
 
ARI Chief Executive Jack MacGowan added: “The new organizational structure gives ARIME the right team of people in the right roles to enable ARIME to achieve its ambitious growth strategy.”