Complex Made Simple

Majid Al Futtaim appoints Michael Cesarz as CEO of Shopping Malls Business Unit

Majid Al Futtaim, the leading shopping mall, retail and leisure pioneer across the Middle East and North Africa, announced the appointment of Michael Cesarz as Chief Executive Officer of its Shopping Malls Business Unit.

Ghaith Shocair, Chief Financial Officer and Acting Chief Executive Officer, Majid Al Futtaim Properties, said: “Our shopping malls business as the regional industry leader with 17 regional and community malls, is set to significantly expand and grow over the coming few years. We are committed to delivering on our Majid Al Futtaim promise of great moments for everyone, every day, through enhanced customer experiences, product innovation, and building great brands and Michael’s leadership and experiences will be instrumental in delivering on our plans for this business”.

Michael, an architect by training, is an accomplished leader and real estate executive with experience in design, development, project management and operations across several real estate asset classes including shopping malls.

His experience includes a number of senior management roles, such as CEO and Chairman of METRO Group Asset Management, Head of Construction and Member of the Board at Peek & Cloppenburg KG as well as other real estate project development roles.

For further information please contact:
Charlotte Connerton
Brunswick Group
Phone: +971 43756283