- 31 Aug 2016
Mohammed Al Ahbabi appointed acting CFO
ABU DHABI, United Arab Emirates – Abu Dhabi National Energy Company PJSC (TAQA) has appointed Mohammed Al Ahbabi as acting CFO effective 1 September 2016. Al Ahbabi, currently deputy CFO, will replace Grant Gillon. “Mohammed’s previous success as CFO of an Abu Dhabi government entity, experience from leading TAQA’s recent $1 billion bond offering and being actively involved in the functioning of the finance department during the past year places him well for this role,” said Saeed Hamad Al Dhaheri, TAQA acting COO. “I wish to thank Grant for his successful contributions and for his commitment to our succession planning. The management team and I wish him all the best for the future.”Al Ahbabi started his career at Abu Dhabi Company for Onshore Oil Operations (ADCO). He joined Abu Dhabi Ambulatory Healthcare Services Company (SEHA) in 2009 where he held the positon of CFO before joining TAQA as deputy CFO in January 2016. Al Ahbabi holds an MBA from New York Institute of Technology. – ENDS -About TAQATAQA is an international energy and water company listed in Abu Dhabi operating in 11 countries across four continents. The word TAQA means energy in Arabic.TAQA strives to run its company safely and sustainably, operating to the highest ethical standards. The company is proud to align its strategy to Abu Dhabi’s Economic Vision 2030, a road map for a sustainable economy with a focus on knowledge-based industry.TAQA has investments in power generation, water desalination, oil and gas exploration and production, pipelines and gas storage. The company’s assets are located in Canada, Ghana, India, Iraq, Morocco, Oman, Saudi Arabia, the United Arab Emirates, Kurdistan Region of Iraq, Netherlands, United Kingdom and United States.