New Murabba Development Company (NMDC) appoints Michael Dyke as its new CEO

 

New Murabba Development Company (NMDC) appoints Michael Dyke as its new CEO

The New Murabba Development Company (NMDC) proudly announced the appointment of Michael Dyke as its new Chief Executive Officer (CEO), effective from January 8, 2024.

Bringing with him a distinguished career marked by leadership in large-scale enterprises and significant projects, Michael Dyke currently holds a pivotal role in Balfour Beatty, overseeing Europe's largest infrastructure endeavor, the HS2 project.

Established on February 16, 2023, NMDC is at the forefront of the groundbreaking New Murabba project, a transformative urban development initiative in Riyadh. This ambitious project aims to create the world's most extensive, dynamic, and sustainable downtown area, aligning seamlessly with the goals outlined in Saudi Vision 2030 for urban advancement.

 

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Expressing his enthusiasm for the new role, Michael Dyke stated, "I am deeply honored to lead NMDC and the creation of Riyadh's new downtown. With the unwavering support of stakeholders and our dedicated team, we aim to deliver a premier destination that will enrich Riyadh and Saudi Arabia for future generations and attract global visitors."

Acknowledging the significant contributions of Sabah Barakat, the acting CEO, NMDC expressed gratitude for his efforts. Barakat will continue to contribute to NMDC in his capacity as Senior Director at PIF. Notable achievements during Barakat's tenure include forming the management team, developing the master plan, advancing the Mukaab design, awarding key project contracts, initiating site works, and successfully excavating over 2 million cubic meters at Mukaab, the centerpiece of the new Murabba development.

Source: https://saudigazette.com.sa/