Prominent Emirati businessman Sultan Ahmed bin Sulayem has been removed from his leadership role following scrutiny over alleged links to convicted sex offender Jeffrey Epstein. International media reported that the controversy intensified after members of the U.S. Congress noted his name in files related to Epstein.
The documents were released by the U.S. Department of Justice, though Reuters and other agencies could not independently verify the allegations. Amid growing pressure, Dubai-based port and logistics giant DP World announced a major leadership reshuffle.
The Dubai Media Office confirmed that Essa Kazim has been appointed chairman of the board, while Yuvraj Narayan will take over as group chief executive officer. Sultan Ahmed bin Sulayem, who had led DP World for more than 40 years, played a key role in expanding the company into one of the world’s largest port and logistics operators, handling nearly 10 percent of global trade.
The leadership changes follow growing concern over the reputation and governance of DP World. International investors are watching the situation closely. The United Kingdom’s development finance institution, British International Investment, and Canada’s second-largest pension fund have suspended new investments in the company pending further clarity.
Analysts say the reshuffle reflects both reputational challenges and operational adjustments as DP World works to maintain investor confidence. The company’s management emphasized continuity in global operations and long-term business strategies despite the leadership changes.
While Sultan Ahmed bin Sulayem was a defining figure in DP World’s rise, the company now faces the challenge of sustaining growth and trust amid international scrutiny. The case highlights the impact that allegations against top executives can have on multinational corporations.
In other related news also read US Congress Orders Release of Epstein Case Files
DP World’s restructuring underscores the growing emphasis on transparency and governance in global trade and logistics.
