Tariq Al-Sultan steps down as President of Agility Warehousing Group

Tariq Al-Sultan has formally stepped down from his role as President and Chief Executive Officer of Agility Warehousing Group, concluding nearly three decades of uninterrupted executive leadership in a move described as a deliberate and carefully timed succession decision.

In a resignation letter released on Tuesday, Al-Sultan said the decision reflects both the company’s institutional maturity and his personal assessment that the timing is right for a transition.

He emphasized that the step marks continuity rather than closure, underscoring that the organization is structurally prepared to advance into its next growth phase, reports Al-Jarida daily.

Al-Sultan traced the company’s transformation since its privatization in 1997, when it operated as a modest local enterprise.

Today, Agility has evolved into a diversified global group active in more than 100 countries, with core platforms spanning logistics services, aviation support, and industrial real estate.

He noted that this expansion has delivered long-term value to shareholders, contributed meaningfully to Kuwait’s economy, and served major national institutions, most notably the Public Institution for Social Security.

He stressed that the company’s evolution was the result of institutional discipline rather than individual leadership.

According to Al-Sultan, robust governance structures, sound investment strategy, and the collective performance of highly skilled executive teams were the true drivers behind Agility’s global standing.

“This transition is not an endpoint,” he said, “but evidence that the company has reached a level of readiness that allows leadership renewal without disrupting its strategic direction.”

Al-Sultan explained that his decision also aligns with a broader shift in focus toward other priorities and investments, following the completion of major restructuring phases and regional and international expansion initiatives.

These efforts, he said, have reinforced the group’s operational foundations and positioned it for sustained performance.

He expressed full confidence in the incoming executive leadership, which is expected to be announced shortly through a structured institutional process consistent with the company’s long-term strategy.

The next phase, he added, requires leadership with deep operational insight into the group’s global platforms, strong execution capabilities, and a proven track record in enhancing efficiency and scaling high-value businesses.

Al-Sultan reaffirmed that Agility will remain firmly rooted in Kuwait while maintaining a strong international footprint, guided by diversification, financial discipline, and rigorous governance.

He described the company’s business model as resilient and adaptable, capable of navigating varied and complex operating environments.

He concluded by extending gratitude to the Board of Directors for its long-standing trust, to colleagues across global operations, and to shareholders for their sustained confidence. “I leave this role reassured about the company’s future and confident in its ability to continue delivering success in the years ahead,” he said.