Australia Post has unveiled that its managing director and CEO, Ahmed Fahour, will take up a position on the board of directors of global parcel express delivery and logistics company Aramex.
The appointment is a key part of the strategic e-commerce alliance between Australia Post and Aramex, which was announced in June 2016. The appointment is subject to Aramex shareholder approval, which will be sought at the next annual general meeting (AGM) in April 2017.
This is a natural progression in the strategic relationship between Australia Post and Aramex, which includes a Singapore-based joint venture targeting the global e-commerce market, with a particular focus in Asia.
The joint venture will help Australia Post to grow the country’s e-commerce market, capturing more inbound parcel volumes and providing a platform for outbound growth. The move is seen as a critical part of ensuring a sustainable future for Australia Post and securing Australian jobs.
November 1, 2016
