Australia Post CEO Fahour to join Aramex board
Australia Post’s Managing Director & CEO, Ahmed Fahour, is set to join the board of directors of Aramex. The appointment follows on from the strategic e-commerce alliance between Australia Post and Aramex that was announced in June.
The appointment is subject to Aramex shareholder approval, which will be sought at the next Annual General Meeting in April 2017.
In a statement issued yesterday (31 October), Australia Post said: “This is a natural progression in the strategic relationship between Australia Post and Aramex, which includes a Singapore-based joint venture targeting the global eCommerce market, with a particular focus in Asia.
“The joint venture will help Australia Post grow the Australian eCommerce market, capturing more inbound parcel volumes and providing a platform for outbound growth. This is a critical part of ensuring a sustainable future for Australia Post and securing Australian jobs.”