Orascom Development Holding AG / Key word(s): Miscellaneous/MiscellaneousOrascom Development Announces Leadership Changes in Europe To Support Region’s Next Chapter of GrowthOrascom Development Announces Leadership Changes in EuropeTo Support Region’s Next Chapter of GrowthMaher Maksud focusses role as CEO of ECOBOSRaphael Krucker expands role as CEO of Andermatt Swiss Alps and Luštica BayECOBOS, a UK-based joint venture established in 2010 between Orascom Development and Imerys, delivered its first homes in West Carclaze Garden Village last year. To drive ECOBOS’s next phase, Maher Maksoud will prioritize advancing this development as CEO of ECOBOS and Orascom Development plans to bring in more investors to join the venture. Simultaneously, Raphael Krucker, CEO of Andermatt Swiss Alps, will take on the additional role of CEO of Luštica Bay. Krucker has been leading Andermatt Swiss Alps since 2020, guiding it to become the Prime Alpine Destination with a dedicated team accelerating its growth as a year-round destination. Omar El Hamamsy, Group CEO of Orascom Development, stated: “Since taking the helm at Orascom Development in 2020, I am proud of the significant progress Orascom Development has made on our transformational journey from a family-owned business to a global institution.
