Micah Jonah
February 13, 2026
United Arab Emirates-based global logistics firm DP World has appointed new leadership following mounting pressure over former chairman’s links to late convicted sex offender Jeffrey Epstein.
The Dubai Media Office announced on Friday that Essa Kazim has been named Chairman, while Yuvraj Narayan will serve as Group Chief Executive Officer, replacing Sultan Ahmed bin Sulayem, who led the company for over four decades.
Bin Sulayem’s departure follows controversy sparked by recently declassified United States documents indicating that he maintained contact with Epstein over several years, including after the financier’s 2008 conviction for procuring a minor for prostitution.
According to the documents, the exchanges between the two men reportedly included discussions about business dealings and social engagements. Some of the files were initially redacted but were later partially unsealed after concerns were raised in the U.S. Congress.
Although the documents did not accuse bin Sulayem of committing any specific crime, the disclosures triggered swift reactions from international partners. The United Kingdom’s development finance institution, British International Investment, and Canada’s major pension fund, La Caisse, announced temporary suspension of future investments linked to the company pending clarification of the issues.
La Caisse had previously invested billions of dollars in DP World’s flagship assets, including Jebel Ali Port and related free zone facilities in the UAE. The fund stated it would review the situation before proceeding with further engagements.
However, following the announcement of new leadership on Friday, British International Investment indicated it would resume collaboration with the logistics giant, expressing optimism about continued partnership, particularly in advancing African port infrastructure and trade development.
DP World is one of the world’s largest port operators, managing more than 60 terminals globally, handling approximately 10 percent of international trade. Industry analysts say the swift leadership change reflects efforts by the company and UAE authorities to safeguard investor confidence and protect its global reputation.
Epstein died in custody in 2019 while facing federal charges related to sex trafficking. His case has continued to generate international scrutiny, particularly concerning associations with prominent political and business figures.
