Executive Management

The prominent members of Drake & Scull’s Executive Management are highly esteemed industry veterans who have led the way in shaping the iconic skylines of the Middle East. Their collective experience, knowledge, vision and wisdom steer the company towards success and distinction. They are committed to maximising shareholder value, delivering powerful results and longevity. The management continues to set and achieve higher goals for DSI.
Group CEO

Mr. Fares Khatib

Mr. Fares Khatib has more than 32 years of diverse C-level experience spanning international Oil, Gas, Petrochemical, Water & General Construction Industries spanning four continents.

Mr. Fares Khatib joined Drake & Scull Group in Oct. 2010, where he established the Oil & Gas Business Unit. In Feb. 2017, he was entrusted also to lead the group Frankfurt-based Water Business Unit, Passavant Energy and Environment. He led both companies as CEO with full P&L responsibility till Feb. 2019.  

Before Re-joining Drake & Scull group in March 2023, Mr. Fares Khatib was the CEO & board member of Arkad-ABB Spa Italy. In his early career, he worked in leading managerial, technical & commercial roles with CCIC group in Athen, & SNC Lavalin in Calgary, Canada.

Mr. Fares Khatib holds a Bachelor of Engineering Degree (Mechanical) from the reputable American University of Beirut. He attended many CPD courses including Project & Corporate Finance, Construction Management, Construction Economics, and Construction Law.

Chief Legal Officer

Mr. Fadi M. Fathi

Mr. Fadi brings to DSI PJSC over 25 years of extensive experience in Commercial Law across multiple industries. His expertise spans commercial transactions and disputes across the GCC and MENA regions.

Since joining DSI group in Dec. 2021, he has been part of the team overseeing the company's restructuring process under UAE bankruptcy law. He has been entrusted with ensuring the Company’s compliance with corporate governance & managing legal risks.

He previously worked with reputable law firms including Al Tamimi and FK&P.

Mr. Fadi has a Law Degree from the University of Jordan, and he holds a range of certifications in law.

CEO, Passavant Energy & Environment Gmbh

Mr. Mokhtar Haddad

Mr. Haddad has 19 years of rich experience in Advisory, Consulting, and Audit across Africa, Asia, and Europe continents spanning different industries including water, energy, and finance. He possesses strong business acumen with a strategic, analytical, and financial background.

Mr. Haddad has been with Drake & Scull group since 2012 with progressive roles until the CEO position within Passavant Energy & Environment GmbH in 2019.

Mr. Haddad holds Bachelor's degree in finance & a Master's degree in tax from Carthage University, Tunis. He is a CPA, CISA, and has passed the level 2 CFA charter holding exam.

Chief Financial Officer

Mr. Fadi Baraki

Mr. Fadi Baraki has 30 years of rich and diverse corporate and business finance experience in various industries including FMCG, Marine (Oil & Gas), banks, real estate, industrial, and investment.

Mr. Fadi Baraki brings to the DSI group 20 years of experience in managing the financial and IT affairs in multi-national and local firms including 6 years’ experience as a Business Controller at Nestle FZE headquarters & 3 years of experience as CFO at Zakher Marine International in UAE.

Mr. Fadi Baraki joined DSI PJSC as Chief Financial Officer in December 2021 and is one of the team overseeing the proper implementation of the restructuring plan of the group.

He holds a Bachelor of Business Administration from the reputable American University of Beirut. He is a CPA & California State Board of Accountancy Certified.

Chief Executive Officer – DSI Engineering

Mr. Ahmad Shaker

Mr. Ahmad Shaker has 32 years of extensive international construction experience in MEP & General contracting business covering MEA & Asia countries of Malaysia, Jordan, UAE, Qatar, Iraq, Egypt, Algeria, and Sudan.

He joined the DSI group in 2003 as MEP manager. He excelled in his performance and progressed in senior operations roles up to the current role of the CEO of the DSI Engineering business unit in 2023.

Mr. Ahmad Shaker brought to DSI group a wealth of international project delivery experience working previously with reputable regional and international groups including Entrecanales Ecovest (Acciona Group) in Malaysia & Jordan. 

Mr. Ahmad Shaker holds a B.Sc. Degree in Electrical Engineering, 1991 from the Baghdad University-Iraq.

Board of Directors

The Executive committee, chaired by the Chairman and comprising of the CEO, Executive Directors and key officers, develops strategies and policies for recommendation to the board.

Nomination & Remuneration Committee

The Nomination & Remuneration Committee, comprised of independent non-executive board members and, when needed, the Head of HR, considers matters relating to executive reward, including policy for executive directors and senior managers remuneration and their annual remuneration awards. The committee also approves changes to incentive and benefits plans for senior managers and reviews strategic HR issues including employee retention, motivation and commitment, and succession planning for senior managers.

The Audit Committee

The Audit Committee, comprised of independent non-executive board members, appoints external auditors and oversees and monitors their work. It also assesses internal audits and compliance, reviews financial statements and financial reporting systems and monitors compliance with the Company’s Code of Conduct.