Tarek Ragheb steps down as AfBAA chairman

Tarek Ragheb, the founding chairman of the African Business Aviation Association (AfBAA) announced he is stepping down from the role.
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In his opening address to the organisation’s annual conference Ragheb described the challenges that had been overcome that has seen AfBAA progress to the point where it has been adopted as a member of the International Business Aviation Council (IBAC) and today launches it’s first African Business Aviation Expo at Lanseria Airport in South Africa.
“The one challenge which I believe strongly as the most important, is establishment of transparent and institutionalized corporate governance,” Raghab said. “This is something which I believe is fundamental for any institution to grow and prosper, as such and in keeping with our charter and corporate governance, I have established this institution, and faithfully guided it over the last five years. When I first started thinking about this creating AfBAA was about seven years ago. I was a young 55 year old. This December I will turn 62, and I will be handing the reins over to a new chairman.”
AfBAA is now considering nominations as it conducts a search for a successor.