Aujan Industries announces new management structure

Under the new structure, Kerry Anastassiadis currently COO will be taking over the leadership of the Executive Committee as the President, while Tolga Sezer, currently VP - Marketing will be leading the marketing, sales and logistics functions of the company as the Executive Vice-President and will continue with his role as a member of the Executive Committee.

Aujan Industries, in the last couple of years achieved an unprecedented growth in the market fuelled by its '555' strategy - USD 500m in revenue with five brands in five years -

"I am proud to see that Aujan Industries has a vast potential of Human Capital enabling us to grow our own leadership. I am confident that the Executive Committee will take our brands to new heights and make sure that we have the world class manufacturing, sales, distribution and logistics network in place both in our existing markets within the GCC and the new geographies like Iran, India, Syria, Egypt and Turkey that we are currently developing", said Adel Aujan, Chairman, Aujan Industries.

"Work is underway on a post '555' strategy as I strongly believe that we are well on our way to achieve '555'objectives with our 2006 results on track for the second consecutive year", he concluded.