DP World Chairman Sultan Ahmed bin Sulayem Resigns

Sultan Ahmed bin Sulayem resigned from his position as Chairman of DP World effective immediately, following mounting controversies related to allegations connected to the Epstein files. His abrupt departure has triggered a swift leadership reshuffle within the Dubai-based port and logistics giant.

Shortly after the announcement, DP World confirmed the resignation and did not provide further explanation. Essa Kazim was appointed as the new Chairman of the board of directors, while Yuvraj Narayan assumed the role of Group Chief Executive Officer.

Kazim brings extensive experience in finance and governance, currently serving as the Governor of the Dubai International Financial Centre and Chairman of Borse Dubai. Narayan, who joined DP World in 2004 and served as Chief Financial Officer since 2005, will continue to support the company’s operational stability and strategic momentum.

Bin Sulayem's resignation marks the end of an era for DP World, which has expanded aggressively in the global maritime industry.