Deutsche Post AG continues to strengthen its presence in the Middle East and Africa through its subsidiary, DHL Supply Chain. Recently, DHL Supply Chain established a new Chief Executive Officer role specifically for the Middle East & Africa $(MEA.AU)$ region, appointing Orkun Saruhanoglu as CEO. This move highlights the company's commitment to expanding its regional focus and enhancing operations across these dynamic growth corridors. Saruhanoglu, who has been with DHL for 27 years, brings a wealth of experience, having previously led operations in Türkiye and Central & Eastern Europe. Under his leadership, the region is expected to see accelerated growth, with a focus on end-to-end contract logistics services for a diverse range of industries including technology, automotive, aviation, and e-commerce. This strategic initiative is part of DHL's broader plan to invest over EUR 500 million in the Middle East, particularly in the Gulf markets of Saudi Arabia and the United Arab Emirates.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.