The chief executive officer of Dubai developer Nakheel [NAKHD.UL] is leaving his post after completing his five-year contract, a statement said on Wednesday.
Chief financial officer Sanjay Manchanda will be acting CEO until further notice, it said.
"Sanjay Manchanda will be replacing Mr. O'Donnell as acting CEO until further notice... Mr. Manchanda is currently the Chief Finance Officer of the company," the statement said, adding O'Donnell "has decided to leave Nakheel following five years spent with the company".
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