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05 Oct 2024 16:55

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Fairmont Hotels Appoints Joseph Roy as Director Of Finance

Joseph Roy will step into his role as the new Cluster Director of Finance across Fairmont Dubai, Ajman and Fujairah, with a solid track record within the hospitality industry.

Fairmont Hotels and Resorts, renowned for its commitment to unparalleled hospitality, is pleased to announce the appointment of Joseph Roy as the new Cluster Director of Finance for three of its Fairmont properties, namely; Fairmont Dubai Sheikh Zayed Road, Ajman and Fujairah.

A qualified Accountant from American Institute of Certified Public Accountants, Roy brings a wealth of experience in operational finance with renowned international brands. Previously serving as Director of Finance for prestigious hotels in UAE including Waldorf Astoria Ras Al Khaimah, Hilton Al Habtoor City complex, Anantara the Palm Dubai Resort & Spa and Anantara Residences, Fairmont Bab Al Bahr Abu Dhabi, The Yas Hotel (W Abu Dhabi, Yas Island) and Grand Millennium Dubai, Roy has consistently demonstrated the ability to build strong collaborative relationships across various stakeholders in the business to drive business performance.

During his career, Roy has been instrumental in implementing and executing financial management strategies that have led to significant cost and efficiency improvements, revenue growth, and enhanced financial performance for the businesses that he worked for. In his return to the Fairmont brand, Roy will assume a strategic leadership role, overseeing the financial operations across the three properties of Fairmont Dubai, Ajman, and Fujairah. His responsibilities will encompass a comprehensive range of financial functions, including but not limited to financial reporting, analysis, budgeting, forecasting, auditing, statutory compliance, risk management, financial processes improvement, procurement, overall decision-making, and investor and stakeholder relations. He will lead the finance teams of the properties in the ongoing transformation of the finance function into more of a strategic business partner. Roy will also add new dimensions to aspects of financial planning and analysis while ensuring that the business is protected with strong financial controls and through regulatory compliance.

Commenting on his appointment, Roy stated, “I am deeply honored to become a part of Fairmont Hotels & Resorts, a brand that epitomizes excellence, and assume the role of Cluster Director of Finance for these three iconic properties. I am eager to contribute to the enhancement of these properties and to be able to work alongside an exceptional team of hospitality professionals. I am confident that my experience and expertise will contribute to the continued success of the hotels, and I look forward to the growth opportunities this new role will bring”.

Further commenting on this, General Manager of Fairmont Dubai Joe Nassoura said, ‘”We are absolutely thrilled to welcome Roy into our team. Joseph’s impressive career trajectory and deep-rooted knowledge of hospitality accounting systems makes him an invaluable addition to the Fairmont team”. Adding to this Elias Chakhtoura, Cluster General Manager for Fairmont Ajman and Fujairah comments, “Joseph’s track record of success and his commitment to excellence are indicative of the contributions he will bring to the finance department of Fairmont Hotels and Resorts, elevating the hotel’s financial operations to new heights. We are excited to have him on board and look forward to achieving new milestones”.

As the new Cluster Director of Finance for Fairmont Dubai, Ajman, and Fujairah, Roy is poised to leverage his extensive experience and expertise to drive the financial success and operational excellence of these esteemed properties. His strategic vision, coupled with his hands-on approach and collaborative leadership style, will undoubtedly contribute to the continued growth and success of the Fairmont brand in the region.

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