Hamza Ibrahim, new group managing director, Navy Holdings Limited, has pledged to reposition the organisation for greater efficiency, innovation, and sustainable growth in support of the navy’s strategic objectives.

Mr Ibrahim made the pledge as he assumed office as the 12th GMD/CEO of the naval investment company. This was noted in a statement on Saturday.

The new GMD assured that, under his leadership, the NHL would consolidate existing gains while exploring new opportunities across the defence and maritime sectors to enhance value creation and national economic development.

He commended his predecessor, Zakariya Muhammad, for his visionary leadership, noting that the foundation laid under his tenure had strengthened corporate governance and expanded the company’s investment portfolio.

In his valedictory remarks, Mr Muhammad expressed appreciation to the board of directors, management, and staff for their cooperation, highlighting achievements in operational efficiency and strategic expansion recorded during his tenure.

The event was attended by managing directors and CEOs of NHL subsidiaries, senior naval officers, and other dignitaries.

(NAN)