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Center East’s main determine in additive manufacturing (AM), Immensa, has appointed Nabil Habayeb, the previous President and CEO of GE Worldwide Markets division, to affix its board of administrators. The seasoned government will function a non-executive director, a job that situates him exterior of the corporate’s day-to-day administration, the place he’ll present unbiased strategic oversight and governance.
Nabil Habayeb. Picture courtesy of Immensa
This new addition is an enormous step for Immensa because it seems to develop and enhance its position within the world vitality spare elements market. Habayeb’s in depth expertise and profitable observe document at GE, notably in navigating the advanced panorama of the worldwide vitality sector, align with Immensa’s goals. With a confirmed skill to drive progress and innovation, the previous government is instrumental in driving Immensa’s market place on this enviornment.
Throughout his 4 a long time at GE, Habayeb held numerous senior management positions, together with his most up-to-date position overseeing GE’s operations throughout worldwide markets. He was deeply concerned within the vitality sector, overseeing tasks and initiatives that spanned throughout numerous markets and areas. His insights into the operational and strategic elements of the vitality spare elements market can be invaluable to Immensa. Furthermore, Habayeb will be capable of present loads of data in digital manufacturing and provide chain optimization, that are crucial to the corporate’s success on this trade.
“Nabil Habayeb is likely one of the most skilled and senior enterprise individuals regionally and globally – and we’re honoured he has agreed to affix the board of Immensa. His strategic perception, expertise, and community can be of big worth to us – particularly in our core buyer sector – Power,” stated Fahmi Al-Shawwa, Co-founder and CEO of Immensa. “Nabil’s appointment additionally illustrates Immensa’s ambition. As a digital producer, we’re pioneers in what we do – reshaping the vitality sector through digital warehousing and agile provide chains. To be the perfect, you rent the perfect and I stay up for saying extra senior expertise arriving at Immensa quickly.”
The addition of Habayeb to Immensa’s board is seen as a significant signal of the corporate’s plan to not solely lead but additionally remodel the digital manufacturing discipline, particularly in vitality, the place AM is anticipated to achieve $17 billion by 2032, based on the “Additive Manufacturing within the Power Sector: Market Evaluation & Forecast” from Additive Manufacturing Analysis. His data and enterprise connections are anticipated to be essential in guiding Immensa via its subsequent phases of progress, innovation, and market growth.
Headquartered in Dubai, Immensa is understood for its revolutionary strategy within the $91 billion vitality spare elements trade, offering options via its facilities within the United Arab Emirates (UAE) and Saudi Arabia. The corporate’s shoppers embody among the world’s main nationwide and worldwide oil firms, similar to Saudi Aramco (Aramco) and the Abu Dhabi Nationwide Oil Firm (ADNOC), that are state-owned entities, in addition to worldwide oil firms (IOCs) similar to Shell, a personal multinational company.
Furthermore, Habayeb’s dedication to sustainability aligns with Immensa’s targets to scale back environmental impression and promote localized manufacturing. Whereas Immensa operates within the vitality spare elements trade—an space historically related to vital environmental challenges attributable to useful resource extraction and use—the corporate has taken a proactive strategy to scale back its ecological footprint. Due to 3D printing, Immensa reduces materials waste and vitality consumption, whereas selling sustainability inside the manufacturing sector. And because of its localized manufacturing, it could actually contribute to extra agile provide chains and reduces transportation-related emissions.
Habayeb commented: “I’m honoured and excited to affix Immensa’s board and to work carefully with its staff. I’m impressed by Immensa’s sturdy management, imaginative and prescient and fervour for digitizing spare elements and warehousing options, whereas specializing in the surroundings and provide chain within the vitality sector. Immensa’s applied sciences and options for vitality clients are effectively aligned to stakeholders’ aspirations to rework industrial manufacturing and operations within the area.”
Within the broader context of his profession, Habayeb has been concerned in numerous high-level advisory and board roles, contributing to organizations such because the Arabian Gulf States Institute, the United States-UAE Enterprise Council, and the American College of Beirut, amongst others.
Immensa’s current milestones, together with attaining the worldwide gold normal certification for additive manufacturing of metallic elements and signing strategic MOUs in Saudi Arabia, alongside a profitable Sequence B funding spherical, are perfect for a rising enterprise. Working within the $91 billion world vitality spare elements market, the place the Center East contains 35%, Immensa says it’s the solely firm with full management over the digital provide chain, permitting it to supply revolutionary options that handle trade challenges, similar to localized manufacturing and decreased environmental impression, ultimately driving constructive change and effectivity to the vitality sector.
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