Dubai Holding appoints Chief Operating Officer of Mall of the World

9/8/2015 7:36:43 AM

(MENAFN- Emirates News Agency (WAM))

DUBAI 8th September 2015 (WAM) -- Dubai Holding has announced today the appointment of Morgan Parker as Chief Operating Officer of Mall of the World. Morgan joins Dubai Holding from the Rockefeller family-owned global private equity firm Rose Rock where he served as CEO.

His experience as a senior executive at Morgan Stanley Taubman Centres and Lend Lease spans two decades as developer investor and banker in all Asia Pacific markets completing 65 projects in nine countries. Morgan's versatility and wealth of experience has led him to hold a number of industry board positions since 2005. At Dubai Holding Morgan will oversee progress of the latest major project Mall of the World which is expected to add significantly to the emirate's tourism retail and hospitality portfolio.

Ahmad Bin Byat Vice Chairman and Managing Director of Dubai Holding said "What we are creating is essentially a seamlessly integrated core of the city the model for which is being carefully designed to serve the emirate's economic agenda and strengthen Dubai's global positioning in tourism and unique urban living. Given the scale and strategic importance of Mall of the World I am pleased to appoint Morgan Parker to directly manage the project. His expertise in delivering projects of scale and complexity is acknowledged across international real estate markets."

Commenting on his new role Morgan Parker said "Dubai has an unrivalled potential to grow its international appeal and Mall of the World has been envisioned to create a permeable flexible urban fabric that allows infinite possibility to rise into the future. I am pleased to take charge of a project that has captured the imagination of people in Dubai and beyond and I am confident that my expertise from Asia Pacific will bring a fresh perspective to the project."

WAM/AAMIR/Moran

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