As it doubles in size, AquaMaof announces strategic hires

Published on
December 5, 2019

Recirculating aquaculture system (RAS) innovation developer AquaMaof Aquaculture Technologies Ltd. has announced several new strategic hires this month involving its strategy and finance department as well as its people and methods division.

Eli Amar has been hired as AquaMaof’s new vice president of strategy and finance. Amar comes to the role with more than 15 years of experience in corporate development, mergers, and acquisitions. He worked most recently for crop protection enterprise Adama Agricultural Solutions, collaborating on several high-profile transactions including the group’s USD 3.7 billion (EUR 3.3 billion) merger with ChemChina, China’s largest chemical manufacturer. At investment banking firm Bear Stearns & Co., Amar also played a part in many mergers and acquisition transactions. For AquaMaof, Amar is expected to “leverage his global experience to drive the development and execution of a new long-term strategy,” the developer said.

AquaMaof has found a new vice president of people and methods in Tamar Regev, formerly of Colmobil Group. Regev comes to her new role with over 20 years of experience in HR management for several companies including Cellcom, a leading Israeli communications group; Clal Insurance, an insurance and pension company in Israel; and The Colmobil Group, the largest motor representation company in Israel for Mercedes-Benz, Smart, Mitsubishi Motors, and Hyundai. She plans to leverage this career experience to build and implement organizational methods and procedures, both in HR and across other departments, for AquaMaof, the company’s press release confirmed.

Hiring Amar and Regev brings AquaMaof another step closer to its aspiration of expanding its team beyond 165 employees by the end of the year. The company is looking to achieve this growth across departments, from technology, R&D, and engineering to project management, customer support, and purchasing. Its two operational R&D centers in Israel and Poland and dozens of AquaMaof partners, advisors, and subcontractors operating around the globe are positioned to help the developer achieve its goals, AquaMaof CEO David Hazut said.

“With 10 ongoing projects in different stages, and with a similar number of projects expected to begin in 2020, it’s very important for us to be prepared for the volume of operations ahead of us. For this reason, we are bringing in more top professionals to the team, and making sure our skilled staff is properly trained for when projects kick-off. We are also carefully selecting the projects we get involved with and only choosing the ones that are most likely to achieve the best results for our customers,” Hazut said. “We are really excited about all of the new developments to come in 2020, and we are confident that we are building a very strong team to support our continuous growth and maintain the same level of personalized attention and excellent service and support that we have been providing our partners with.”

Currently, AquaMaof’s projects have a combined capacity of 45,000 tons, the company said, and are located around the world in strategic markets such as Japan, Russia, Germany, France, Canada, and Chile, among others. The firm’s pipeline projects include those aimed at China and the United States, it said.

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