Tarek Sultan | Source | Vice Chairman at Agility
Tarek Sultan
Tarek is the Vice Chairman at Agility, a global supply chain company and a leader and investor in technology to enhance supply chain efficiency and sustainability. Tarek assumed leadership of the company in 1997, and spearheaded company’s growth into a business with a market cap of $7 billion. He is a member of the Board of Directors of DSV A/S, a global top-three freight forwarding company, following DSV’s acquisition of Agility’s global logistics business in 2021. Tarek has also previously served as advisor to the Singapore Economic Development Board, sat on Wharton’s International Advisory Council, and served as a member of the Board of Directors of Gulf Bank and Burgan Bank. Tarek is passionate about technology-driven transformation, emerging markets growth, and the importance of global trade reform.
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This is a new chapter for Agility, Menzies, and NAS. By acquiring Menzies and combining it with NAS, Agility has the opportunity to unlock greater value in both. Agility has a strong track record of sustainable and responsible growth over the last two decades, driven both organically and through mergers and acquisitions, and this latest deal is part of our strategy to further accelerate that growth. For Agility, this deal creates the largest owned and operated - "controlled" - business in Agility's portfolio by revenue, headcount, and global presence. We're looking forward to seeing the new Menzies soar with Agility's backing.
8 August 2022
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8 August 2022article
Agility completes £763 million acquisition of Menzies AviationNew company will have approximately 35,000 employees and operations at 254 airports in 58 countries.
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Agility
Vice Chairman