India, Feb. 14 -- Yuvraj Narayan is appointed as the new Group Chief Executive Officer of DP World after the exit of former leader Sultan Ahmed bin Sulayem. The Dubai government named Narayan as the new boss in a statement without naming bin Sulayem.

Sultan Ahmed bin Sulayem was also the Chairman of DP World's Board of Directors. The statement confirmed that the position will now be managed by Essa Kazim.

The statement said, "Yuvraj Narayan has extensive professional experience in financial management, corporate finance, supply chains, and global trade. Since joining DP World in 2004, he has led a number of strategic and transformational initiatives that supported the company's expansion across international markets and strengthened its...