Amanat Appoints John Ireland as Chief Executive Officer

March 20, 2024

20 March 2024 | Dubai | Amanat Holdings PJSC (“Amanat” or the “Company”) (DFM symbol: AMANAT), the leading healthcare and education listed investment company, today announced the appointment of John Ireland as Chief Executive Officer, effective immediately. John has been serving as Acting CEO since March 2023. The Company will announce a new Chief Financial Officer in due course.

Commenting on the appointment Amanat’s Chairman, Dr. Shamsheer Vayalil, said:

“On behalf of Amanat’s Board of Director’s, I am pleased to announce the appointment of John Ireland as Chief Executive Officer. Under John’s guidance Amanat has delivered record financial performance in 2023 and executed several strategic initiatives that will deliver future value to shareholders.

“John’s leadership experience, combined with his deep understanding of our business model, industry expertise and track record of success makes him the ideal candidate for this position, and I am confident that he is uniquely positioned to execute and deliver on Amanat’s value creation strategy. We look forward to Amanat’s continued success under John’s leadership.”

 John Ireland, Amanat’s Chief Executive Officer, added:

“I am honoured to be offered the opportunity to lead Amanat and our world-class team, as we enter an exciting new phase of accelerated growth. My focus will be on driving value creation and monetization efforts to deliver long-term, sustainable returns for our shareholders.

“Amanat’s two distinct platforms, comprising market leading companies, in the GCC education and healthcare sectors, strongly position us to deliver shareholder value, through continued investments in platform growth and potential monetization of our platforms.”

 

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Investor Relations
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Investor Relations Contact

Abdulrahman Al-Suwaidi

Director of Investor Relations

About Amanat Holdings PJSC

Amanat Holdings PJSC is the region’s largest integrated healthcare and education investment company with paid- up capital of AED 2.5 billion. Listed on the Dubai Financial Market (DFM) since 2014, Amanat’s mandate is to establish, acquire and integrate companies in the healthcare and education sectors, and develop, manage, and operate these companies within the MENA region and beyond.

Amanat’s healthcare platform includes Cambridge Medical and Rehabilitation Center (CMRC), a leading post-acute care and rehabilitation provider in the UAE and KSA; Sukoon, a leading provider of long-term and post-acute care services ranging from extended critical care and home care medical services in Jeddah, Saudi Arabia, Al-Malaki Specialist Hospital, a world-class specialist hospital located in the Kingdom of Bahrain, and the real estate assets of Cambridge Medical and Rehabilitation Center in Abu Dhabi, UAE.

Amanat’s education platform includes NEMA Holding, a leading provider of higher education in the UAE, Middlesex University Dubai, the first overseas campus of the internationally renowned Middlesex University in London, Human Development Company the leading provider of special education and care services covering educational, medical, and rehabilitation services in KSA, a small stake in BEGiN, a US-based award-winning education technology company, and the real estate assets of the North London Collegiate School in Dubai, UAE.