UAE’s IFFCO Taps Turnaround Veteran to Tackle $2 Billion Debt
Abdul Wahab Al-Halabi
Source: IFFCO Group
IFFCO Group has appointed a new board of directors led by a turnaround specialist, as the United Arab Emirates-based conglomerate works to address about $2 billion in debt.
Abdul Wahab Al-Halabi has been named executive chairman of the new seven-member board, which includes several senior IFFCO executives, the company said in a statement.