DP World has announced top management changes following the resignation of long‑time Group Chairman and CEO Sultan Ahmed bin Sulayem.
The company said on February 13 that it has appointed Essa Kazim as its new chair and Ryvraj Narayan as chief executive officer, marking a significant reshaping of DP World's senior leadership structure.
"DP World Limited announces that Group Chairman and CEO, Sultan Ahmed bin Sulayem, has resigned from the company, effective immediately," the company said.
"The Board announces that His Excellency Essa Kazim has been appointed Chairman and Yuvraj Narayan has been appointed Group CEO."
Kazim is a long‑time figure in Dubai's financial sector and previously served as governor of the Dubai International Financial Centre. He has held senior roles across the emirate's regulatory and investment landscape, bringing extensive experience in financial oversight and economic policy that positions him to guide DP World through its governance transition.
Narayan, meanwhile, has long served as DP World's group chief financial officer and most recently served as deputy CEO. He joined the company in 2004 and became Group CFO the following year, playing a central role in DP World's global expansion, financial restructuring, and investment strategy. He has overseen major acquisitions, capital‑market transactions, and the company's shift toward integrated logistics and supply‑chain services.
Before joining DP World, Narayan held senior roles with ANZ Group as head of corporate and project finance for South Asia and served as chief financial officer at Salalah Port Services in Oman.
The leadership shake‑up at DP World followed disclosures by members of the U.S. Congress that former chief bin Sulayem's name appeared in documents released by the U.S. Department of Justice, prompting questions over his past interactions with convicted sex offender Jeffrey Epstein.
The release of the "Epstein files" drew international scrutiny and led to the suspension of several investment partnerships, with Canada's second‑largest pension fund halting all future investments with DP World and a UK government‑backed development finance agency pausing new commitments, though each later welcomed DP World's leadership change.

