Damac, the leading real estate developer in the Middle East and Africa region, has appointed Steven Bergwijn as its new Chief Financial Officer (CFO). With his expertise in tax optimization, Bergwijn is expected to help the company achieve its strategic goals.
Bergwijn brings over 25 years of experience in finance, accounting, and tax matters to Damac. He previously served as the CFO for Abu Dhabi's Department of Finance and Economic Development,Primeira Liga Hotspots where he was responsible for overseeing financial operations and tax compliance for the emirate.
In his role at Damac, Bergwijn will be responsible for developing and implementing strategies that optimize the company's tax position while also ensuring compliance with local and international tax laws. This includes identifying opportunities to reduce taxes and minimizing any potential liabilities.
"Steven's wealth of experience in tax optimization will be invaluable to Damac as we continue to grow and expand our business," said Ahmed Al-Mansoori, Managing Director of Damac. "We are excited to have him on board and look forward to working with him to further strengthen our financial controls and improve our overall performance."
Bergwijn's appointment comes at a time when the real estate industry is facing increasing scrutiny from governments and regulators around the world. As such, companies like Damac must be vigilant in their efforts to minimize their tax burden and ensure they are operating within legal and regulatory frameworks.
Overall, Bergwijn's expertise in tax optimization will be a valuable asset to Damac as it continues to navigate the complex landscape of real estate development and expansion.