CEO of the Middle East, Global Entrepreneurial Markets, and Sub Sahara Africa at Procter & Gamble (P&G) Omar Channawi has featured in the Forbes’ “Global Meets Local 2022” list for the MENA region.
The Moroccan businessman also holds the position of P&G’s Senior Vice President of Sales in Asia Pacific, the Middle East, and Africa.
Channawi started his career with P&G Morocco in 1993 and assumed his current position in 2019 after building a solid career with the American consumer goods corporation over two decades.
P&G is the parent organization of numerous well-known brands such as Downy, Pampers, Always, Braun, Gillette, Olay, Oral-B, and Head & Shoulders.
The company’s portfolio also includes brands that are often seen as competitors in the MENA market such as Tide and Ariel.
According to Forbes, P&G accumulated $80.2 billion in net sales in the 2021/22 financial year with the Middle East, Africa, Asia Pacific, and India contributing to 14% of total net sales.
The decades-long economic growth recorded in some MENA economies has encouraged numerous multinational companies such as P&G to set up offices in the Middle East, most often in the region’s largest economic hub Dubai.
The presence of multinational companies in the region, according to Forbes, “create[s] thousands of jobs as well as bringing technological advancements and capital into the region.”
This year, Forbes recognized 51 executives from 50 companies for the 10th edition of its annual Global Meets Local ranking. The companies operate in the technology, banking, food and beverage, pharmaceuticals, and automotive sectors.
As for the executives, they represent 27 nationalities with most CEOs coming from Britain and France, each had five executives on the list.
source/content: moroccoworldnews.com (headline edited)
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