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Board of Directors appoints Mr. Yasser Elshantaf as CEO

Yasser Elshantaf

Berlin, January 24, 2014 – The Board of Directors of PhoenixBird Diversity Management GmbH, is pleased to announce the appointment of Yasser Elshantaf as the Company’s Chief Executive Officer.

Yasser Elshantaf joints PhoenixBird D. M. GmbH from Safadi Group where he has served as CEO for a multi-fields company since 2010. In his current role he has global responsibility from development, management, commercial operations and creation business prospects.

Yasser Elshantaf said: “I’m excited and honored to have been asked to lead PhoenixBird Diversity Management GmbH. We will continue to achieve success for our staff, clients, and stakeholders”

The board of directors, commented: “This is a key appointment at an important time and we are certain that Elshantaf’s leadership qualities combined with his strategic thinking and relevant experience make him the right person to drive the company to success over the coming years.