Jaggaer Tejari has appointed Hossam Refaat as the its new managing director for the Middle East.
The procurement solutions company has undergone a year of transformation following the acquisition of BravoSolution by Jaggaer. As a result, the company now serves nearly 1,900 customers globally and has recently achieved a record first quarter.
Refaat joins the company following 13 years at Oracle. He will be responsible for growing the business and increasing focus on customers for Jaggaer Tejari.
Abdullah Ali Al Junahi, Chairman of Tejari commented: "Hossam joins us at a really exciting time as we expand and strengthen our Source-to-Pay product offering. He has a critical role to play in driving the business forward in the Middle East in line with the company's ambitious regional growth plans. Hossam will support our customers in unlocking the true value of their procurement technology investments so that they can formulate strategic decisions that significantly impact their organizations."
Refaat added: "The Middle East is a high growth region for Jaggaer Tejari and I'm looking forward to working closely with the team to take the business to new heights. Jaggaer Tejari's commitment to supporting the region's business, and boost the local economy through innovative and cutting edge technology is clear and I'm delighted to be joining such a dynamic and dedicated team. As a priority, we want to ensure that all of Jaggaer's customers reap the benefits of their investments by streamlining their procurement processes and increase business efficiency."
Refaat joins Jaggaer Tejari from Oracle, and he has also held roles at PwC, GlaxoWellcome and Giesecke & Devrient Mobile Security.