The appointment marks FMTECH’s next phase of growth following JLL’s acquisition of a significant stake in PIF
FMTECH has announced the appointment of Mike Thompson as Chief Executive Officer, following the recent closing of JLL’s acquisition of a significant stake in the PIF company, according to a press notification.
Thompson succeeds interim CEO Marwan Bouez, who has recently been appointed as a board member in the new FMTECH entity.
Thompson’s appointment marks a significant milestone in advancing the collaboration between JLL and PIF, combining JLL’s global operational and technological facilities management expertise with FMTECH’s local market knowledge to deliver exceptional service to clients in the rapidly growing Saudi market.
Client assignments
Thompson brings nearly 20 years of JLL expertise, having successfully led client assignments globally across multiple industries including Life Sciences, Technology, Financial Services, and Industrials.
Under Thompson’s leadership, FMTECH will integrate JLL’s advanced digital facility management platforms and global operating systems, significantly elevating service quality, efficiency, and transparency across its entire delivery model to drive long-term value creation for clients.
“By leveraging JLL’s global expertise and technology alongside PIF’s deep market insight and established relationships, we’re positioned to expand our capabilities while delivering enhanced value to our clients,” commented Thompson on his appointment.
