The Board of Directors of Gulf Bridge International “GBI" has named Amr Eid as chief executive officer. Since his appointment as an acting CEO of GBI in March 2016, Amr Eid has successfully spearheaded the company’s transformation into a global shared and managed services provider.

Abdulla Al Rwaili, Executive Vice Chairman and Managing Director, GBI said, “Amr’s vision, innovative industry outlook and proven track record of successes have positioned him as a strong leader for GBI. We are confident that he has the wealth of experience, commitment, and the drive to deliver value to shareholders, partners, customers, and to the whole ecosystem. I look forward to supporting Amr in further developing and implementing GBI’s roadmap for future growth.”  

Amr Eid, CEO of GBI, said, “I want to thank GBI’s Board of Directors, Chairman, Executive Vice Chairman and shareholders for their confidence and trust vested in me during the company’s transition. I am delighted to continue working with my dedicated and talented team and to further guide GBI on its journey towards sustainable growth and success.”     

Amr Eid brings over 23 years of experience in the technology and telecommunications industries having worked at leadership positions for numerous global multinational companies. He enjoys a solid industry track record of achievements in building new companies, divisions and subsidiaries, creating innovative go-to market strategies, driving corporate transformation and establishing sustainable industry synergies. He has won many recognitions and awards regionally and internationally over the span of his successful career.

The world is progressively changing with the emergence of innovative technologies that have a dramatic impact on our behavior. Today's end users are looking for a more personalized experience that caters to their needs. They have a louder voice as a result of their ability to share views and rate services. This confirms the well-known saying that the customer is king!

In order to achieve sustainable growth, the businesses today need to realize their customers' current and future demands and to transform themselves to become truly customer-centric companies. This process may require companies to reinvent the ways they work and to introduce core changes to the company's DNAs and mindsets. In today's arena, the agile wins over the big!

The future is today
Today, there is a need to create more synergies across the telecom industry stakeholders in order to garner future prosperity. The starting point is the reconsideration of the traditional business model and the initiation of a new regulatory framework that would respond and adopt innovation by offering creative charging schemes, the structuring of a hosting environment that welcomes new technologies and services and further encourages startups and entrepreneurs. 

This shift of perspective reflects on the readiness of the whole ecosystem to quickly adapt and reinvent its operation models. We, at GBI, have recognized the need for adaptability, collaboration and co-competition. Having realized the challenges of the future, GBI has recently went through a full transformation that led to the adoption of a new structure, a totally reinvented process and the introduction of more intelligence to its network.

We are eager to share our journey of transforming a submarine network into a full-fledged managed services business with like-minded organizations that are equally destined to push the envelope of the communication landscape.

NO to silos in the value-focused vision
GBI's successful transformation was supported by the collaborative approach of the industry and the drive to deliver value to the regional economies. The connectivity industry brings enormous economic benefits when devised by public-private initiatives and policies in sync with the smart governments' vision of the future and regulators. In this new scenario, the role of regulators is critical as they encourage competition and promote innovation through deregulation and the opening of possibilities to new entrants. In essence, regulators serve as catalysts to growth.

On this note, I would like to take the opportunity and share a thought with the regulatory bodies across the Middle East: When it comes to IP transit, viewing the Middle East as a whole group of countries and a connectivity hub will deliver a holistic approach that benefits all stakeholders across the whole region.

The key for succeeding in this evolutionary approach is to consider IP transit corridors as being an open skies platform that share one regulatory framework. Supporting a single pan-regional IP transit corridors platform will bring value to all stakeholders and will create better business and investment opportunities. Companies that realize the need for similar new business models will win out.

We would like to invite all stakeholder across the industry to talk to us. Let's join our efforts to bring more value to our region, countries, communities and our companies, and shareholders.

By Amr Eid, CEO of GBI

Gulf Bridge International (GBI) is a leading submarine network operator whose network spans multiple self healing cable systems across three continents. GBI would like to confirm that the planned preventive maintenance work, expected to take place on Nov 2nd to 6th in the Arabian Sea, will not disrupt our delivery of internet and other services to Kuwait or any other GCC country. All our partners and customers were notified beforehand about the planned work and were offered the option to utilize alternative capacity on the GBI network which would ensure no disruption and extra protection to their existing service.

Gulf Bridge International (GBI) would like to confirm that carrying out such maintenance work is normal practice in the submarine cable industry to ensure a robust and reliable service at all times.

GBI, a global cloud and managed services provider that owns and operates a multilayer carrier neutral network connecting the world to the Middle East, announces the appointment of Roland Sfeir as chief finance officer.

Amr Eid, Acting CEO and CCO of GBI said: "I would like to welcome Roland as part of GBI's leadership team. His proven track record of achievements in the financial field, expertise and caliber will add value to GBI's growth outlook."

Roland Sfeir said: "I'm thrilled to join a dynamic organization with a forward-looking vision that offers growth opportunities and has a highly inspirational leadership team well-positioned to deliver on the promises to all stakeholders."

Recognized leader, prior to joining the company, Sfeir has been a CFO for Emirates Post Group. He has over 18 years of international experience as a CFO having worked primarily for telecom and internet companies on four continents.

Roland is a seasoned finance and operations executive and a corporate governance expert known for his ability to strategize and lead financial restructurings for start-ups, mature firms and joint ventures. During his career, Roland has led IPO planning, launched new joint ventures and built new finance functions. He has a history of profitability gains in diverse industries, including real estate development, telecommunications, internet, media, construction, retail, manufacturing and logistics.

Certified from Insead and the Institute of Directors in Dubai, Roland lectures financial governance at the Hawkamah institute in Dubai. With Master's Degree in business administration, engineering management, and business informatics, Roland will be a valuable asset to the GBI team.

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Digital Magazine

Dec 2016

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