Our Story

Our roots are in Abu Dhabi with operations in the UAE and beyond. We’re a top 10 integrated utilities champion in the EMEA region with power and water and oil and gas operations in 11 countries around the world.

TAQA was established in 2005; however, our story begins in 1998 with the privatization of Abu Dhabi’s power and water sector, underscoring the importance of water security and provision of power to communities across the UAE. This move paved the way for TAQA’s establishment as a publicly listed company on the Abu Dhabi Securities Exchange (ADX) in 2005. Since then, we’ve grown into a diversified company with operations in the UAE as well as Canada, Ghana, India, Iraq, Morocco, Netherlands, Oman, Saudi Arabia, United Kingdom and United States.

We are proud to be a company that provides energy and water to communities around the world.

Corporate Brochure

Purpose

Powering a thriving future by efficiently providing sustainable and reliable energy and water to unleash the unlimited potential of people and places.

Vision

To provide the clean power and water that governments, businesses and consumers need for a sustainable and successful life

Mission

Be a low carbon power and water champion

Our Values

Safe: We put safety above all else

Sustainable: We do what is right for our environment, community and people

Collaborative: We are stronger together

Innovative: We seek creative ways to deliver results

Excellence: We strive for exceptional performance

Our Leadership

Board of Directors
H.E. Mohamed Hassan Alsuwaidi
Chairman, Non-Executive, Independent Board Member

Elected to the Board in 2019, elected Chairman in 2020

Career and experience:

His Excellency Mohamed Hassan Alsuwaidi is the UAE Minister of Investment and serves as the Managing Director and Chief Executive Officer at Abu Dhabi Developmental Holding Company (ADQ).

Prior to joining ADQ, His Excellency garnered extensive experience across multiple sectors in his tenure with Mubadala Investment Company, where he held several investment management positions covering sectors such as metals and mining, real estate, hospitality, infrastructure, technology, and agriculture.

His Excellency has experience in banking and finance from his tenures with Union National Bank, Abu Dhabi Ship Building and the General Secretariat of the Abu Dhabi Executive Council.

He currently holds the following positions:

• Member of the Bord of Directors of UAE Investment Authority
• Vice – Chairman, Non-Executive Director – ADQ Aviation and Aerospace Services
• Chairman, Non-Executive Director – ADC Acquisition Corporation PJSC
• Vice Chairman, Non-Executive Director – Abu Dhabi Airports Company PJSC (ADAC)
• Deputy Chairman, Non-Executive Director and Member of Audit Committee – Abu Dhabi Future Energy Company (Masdar)
• Second Vice Chairman, Non-Executive Director – Aldar Properties PJSC
• Vice Chairman, Non-Executive Director – Etihad Aviation Group PJSC
• Non-Executive Director – Abu Dhabi National Oil Company Distribution (ADNOC Distribution)
• Non-Executive Director and Member of Investment Committee – Abu Dhabi Pension Fund
• Non-Executive Director and Member of Audit Committee – Emirates Nuclear Energy Corporation
• Non-Executive Director – Louis Dreyfus Company
• Non-Executive Director – Al Dhahra Holding
• Non-Executive Director – Lulu International Group
• Non-Executive Director – MiZa
• Chairman, Non-Executive Director – Pure Health Holding LLC
• Non-Executive Director – ADNOC Gas

Qualifications:

His Excellency holds a bachelor’s degree in accounting from United Arab Emirates University.

Mr. Khalifa Sultan Al Suwaidi
Vice Chairman, Non-Executive, Independent Board Member

Elected to the Board in 2020, elected as Vice-Chairman in 2023

Career and experience:

Mr. Khalifa Sultan Al Suwaidi is the Chief Executive Officer (CEO) at Abu Dhabi Growth Fund (ADG). Prior to his current role, he held various senior management positions including most recently as Group Chief Investment Officer at Abu Dhabi Developmental Holding Company (ADQ) and Executive Director of Refining & Petrochemicals at Mubadala Investment Company.

His field of expertise is strategy, investments, and business administration. He currently holds the following positions:

• Chairman, Non-Executive Director – Agthia Group
• Vice Chairman, Non-Executive Director – Abu Dhabi Ports (AD Ports)

Qualifications:

Mr. Al Suwaidi holds a bachelor’s degree in business administration, majoring in marketing, from California State University in the United States and has an executive master’s in business administration with distinction from Zayed University.

Mr. Mansour Mohamed AlMulla
Non-Executive, Independent Board Member

Elected to the Board in 2021

Career and experience:

Mr. Mansour Mohamed AlMulla is the Managing Director and Chief Executive Officer (CEO) of Edge Group. Previously, Mr. AlMulla was the Chief Investment Officer for Alternative Investments and M&A at Abu Dhabi Developmental Holding Company (ADQ) and held various positions in Mubadala Investment Company spanning 15 years, including as Chief Financial Officer (CFO) for Petroleum and Petrochemicals and CFO of Mubadala Petroleum LLC.

Mr. AlMulla has expertise in the field of finance and M&A. He currently holds the following positions:

• Non-Executive Director and Member of Audit, Risk and Compliance Committee – Etihad Aviation Group PJSC
• Non-Executive Director and Chairman of Audit and Risk Committee, Member of Strategy and Investment Committee – Abu Dhabi Ports
• Non-Executive Director and Chairman – Abu Dhabi Ship Building
• Non-Executive Director and Member of Audit and Risk Committee, Nomination and Remuneration Committee – Abu Dhabi Global Markets (ADGM)
• Non-Executive Director and Chairperson of Audit and Risk Committee – Abu Dhabi Aviation Co.

Qualifications and recognition:

Mr. AlMulla holds a bachelor of science in business administration (information systems) from Portland State University, United States.

Mr. Hamad Abdulla Al Hammadi
Non-Executive, Independent Board Member

Elected to the Board in 2021

Career and experience:

Mr. Hamad Abdulla Al Hammadi is the Chief Executive Officer of Energy, Utilities & Sustainable Manufacturing at Abu Dhabi Developmental Holding Company (ADQ), amongst his various responsibilities, Mr. Al Hammadi is managing the energy, utilities & industries clusters with an asset base of more than $100bn. He previously worked in Mubadala Investment Company where he participated in the creation of high-profile projects across three sectors including utilities industry and financial services.

Mr. Al Hammadi also spent time at the Carlyle Group in Washington DC, focusing on M&A investments in the Industrials sector. He currently holds the following positions:

• Chairman, Non-Executive Director and Member of Growth Committee – Emirates Water and Electricity Company (EWEC)
• Chairman, Non-Executive Director – Emirates Steel Arkan
• Non-Executive Director – TA’ZIZ ADNOC JV

Qualifications:

Mr. Al Hammadi holds a bachelor’s degree in business administration (accounting and finance) from the Higher Colleges of Technology in the UAE.

Mr. AbdulAziz Abdulla Al Hajri
Non-Executive, Independent Board Member

Elected to the Board in 2023

Career and experience:

Mr. Abdulaziz Abdulla Al Hajri is an accomplished executive with 34 years of experience in leading downstream businesses in the Oil & Gas sector. He has a compelling track record in executive management, operations and technical services within Abu Dhabi National Oil Company (ADNOC) and its Group of Companies. Before retiring in April 2021, he was the ADNOC’s Executive Director of Downstream, responsible for gas, refining and petrochemicals businesses. Al Hajri also served as the Chief Executive Officer (CEO) of Abu Dhabi Polymers Company Ltd (Borouge) from 2007 till 2016. He currently holds the following positions:

• Non-Executive Director and Member of Executive Committee and Audit & Risk Committee– ADNOC Distribution PJSC
• Non-Executive Director – ADNOC Refining
• Non-Executive Director – Borouge PLC
• Non-Executive Director – Emirates Steel Arkan PJSC.

Qualifications:

Mr. Al Hajri holds a bachelor’s degree of science in chemical engineering from the University of Texas in the United States.

Ms. Iman Al Qasim
Non-Executive, Independent Board Member

Elected to the Board in 2023

Career and experience:

Ms. Iman Al Qasim serves as Emirates Global Aluminum’s (EGA) Executive Vice President, Human Capital, a role she has held since November 2020. Ms. Iman is an accomplished leader with global experience in high performance, team-focused cultures and environments, with a passion for human capital and strategy.

Prior to her role in Emirates Global Aluminium (EGA), she served as Group HR Director of Emirates National Oil Company (ENOC) and held senior leadership role in Mubadala Investment Company, Dolphin Energy and General Motors. She currently holds the following positions:

• Non-Executive Director and Chairperson of Remuneration Committee – Abu Dhabi National Exhibition Center
• Non-Executive Director and Chairperson of Remuneration Committee – United Printing and & Publishing
• Executive Director – EGA – America
• Executive Director – Guinea Alumina Corporation
• Non-Executive Director and Chairperson of Nomination & Remuneration Committee – Aramex

Qualifications:

Ms. Al Qasim holds a Master’s in Business Administration from University of Bath, United Kingdom and a Bachelor of Science from American University of Sharjah.

Ms. Mouza Saeed Al Romaithi
Non-Executive, Independent Board Member

Elected to the Board in 2023

Career and experience:

Ms. Mouza Al Romaithi currently serves as the Director, Information and Cybersecurity at Abu Dhabi Developmental Holding Company (ADQ). She has over 14 years of experience in leading and strategizing information and security transformation projects. Prior to her role at ADQ, Ms. Mouza held various senior leadership positions at Abu Dhabi Systems and Information Center and Emirates Identity Authority. She currently holds the following positions:

• Non-Executive Director – Global Aerospace Logistics – Advanced Military Maintenance, Repair, and Overhaul Center (GAL-AMMROC)
• Non-Executive Director – Q Market Makers LLC (QMM)

Qualifications:

Ms. Al Romaithi holds a master of
science in information technology (specialization in cyber security) and a bachelor of science degree in information technology (networking systems) from Zayed University, Abu Dhabi

Ms. Samia Bouazza
Non-Executive, Independent Board Member

Elected to the Board in 2023

Career and experience:

Ms. Samia Bouazza is the Group Chief Executive Officer (CEO) and Managing Director of Multiply Group where she leads the strategic development of the company, its growing investment portfolio of high-return businesses and maintains the overall sustainable growth of the Group’s subsidiaries.

She currently holds the following positions:

• Non-Executive Director – Emirates Driving Company
• Non-Executive Director – Arena Events Group
• Non-Executive Director – Selphagy Therapeutics
• Keystone Member of Friends of Abu Dhabi Art

Qualifications:

Ms. Bouazza holds a BA in Political Science and Public Administration from the American University of Beirut and holds several specialized executive certifications from Harvard Business School and the University of Cambridge.

Dr. Klaus-Dieter Maubach
Non-Executive, Independent Board Member

Elected to the Board in 2023

Career and experience:

Maubach was Chief Executive Officer (CEO) of Uniper until March 2023. Prior to assuming this position, he was Chairman of the Supervisory Board of Uniper and a member of the Board of Directors of Fortum. In the years before, he held various senior executive positions, including CEO of the Encavis AG, board member of E.ON SE and CEO of E.ON Energie AG.

Qualifications:

Dr. Klaus studied electrical engineering at the University of Wuppertal and received his doctorate in 1994.

Mr. Christopher Geoffrey Finlayson
Non-Executive Board Member

Elected to the Board in 2023

Career and experience:

Mr. Christopher Geoffrey was formerly the Chairman of Siccar Point Energy and of Interoil Corporation. He is a former Chief Executive Officer (CEO) of BG Group, following a 33-year career with Shell. He currently holds the following positions:

• Non-Executive Director and Chairman – TGS ASA
• Non-Executive Director and Member of Remuneration Committee – LLOYDS Register

Qualifications:

Mr. Finlayson holds a bachelor’s degree in physics and geology from the University of Manchester, UK.

Mr. Jasim Husain Thabet
Executive Board Member

Elected to the Board in 2019

Career and experience:

Mr. Jasim Husain Thabet serves as TAQA’s Group Chief Executive Officer and Managing Director (GCEO and MD), a role he has held since July 2020. Jasim, who was elected to TAQA’s Board of Directors in 2019, is an energy industry veteran with more than two decades of experience.

Prior to his role at TAQA, he served as CEO and MD of ADPower, where he leveraged the company’s portfolio of assets throughout the value-chain to support the transformation of the power and water sector in the UAE. He also served as CEO of National Central Cooling Company PJSC (Tabreed), where he drove capacity expansion and revenue growth. He currently holds the following positions:

• Non-Executive Director and Member of Audit, Risk and Compliance Committee and Nomination and Remuneration Committee – Etihad Aviation Group PJSC
• Non-Executive Director and Member of Strategy and Investment Committee and Audit and Risk Committee – Abu Dhabi Ports
• Non-Executive Director and Member of Investment Committee and Human Resource Committee – Abu Dhabi Chamber of Commerce and Industry
• Non-Executive Director and Member of Sustainability and Strategy and Investment Committee and Nomination and Remuneration Committee – Abu Dhabi Future Energy Company (Masdar)

Qualifications:

Mr. Thabet holds a bachelor of engineering in mechanical engineering from Saint Martin’s University in the United States.

Executive Management
Jasim Husain Thabet
Group Chief Executive Officer and Managing Director

Mr. Jasim Husain Thabet serves as TAQA’s Group Chief Executive Officer and Managing Director (GCEO and MD), a role he has held since July 2020. Jasim, who was elected to TAQA’s Board of Directors in 2019, is an energy industry veteran with more than two decades of experience.

Prior to his role at TAQA, he served as CEO and MD of ADPower, where he leveraged the company’s portfolio of assets throughout the value-chain to support the transformation of the power and water sector in the UAE. He also served as CEO of National Central Cooling Company PJSC (Tabreed), where he drove capacity expansion and revenue growth. He currently holds the following positions:

• Non-Executive Director and Member of Audit, Risk and Compliance Committee and Nomination and Remuneration Committee – Etihad Aviation Group PJSC
• Non-Executive Director and Member of Strategy and Investment Committee and Audit and Risk Committee – Abu Dhabi Ports
• Non-Executive Director and Member of Investment Committee and Human Resource Committee – Abu Dhabi Chamber of Commerce and Industry
• Non-Executive Director and Member of Sustainability and Strategy and Investment Committee and Nomination and Remuneration Committee – Abu Dhabi Future Energy Company (Masdar)

 

Mr. Thabet holds a bachelor of engineering in mechanical engineering from Saint Martin’s University in the United States.

Steve Ridlington
Chief Financial Officer

Steve Ridlington serves as TAQA’s Chief Financial Officer, a position he has held since July 2020.

Prior to his role at TAQA, Mr. Ridlington was Chief Investment Officer at ADPower. He previously held positions with BP, TNK-BP, and the National Central Cooling Company PJSC (Tabreed), serving as CFO at the latter.

Mr. Ridlington holds a Master of Philosophy in Economics from St Antony’s College, Oxford, and a Bachelor of Science in Economics and Mathematics from the University of Sussex.

Gareth Wynn
Chief Communications Officer

Gareth Wynn serves as TAQA’s Chief Communications Officer, a position he has held since January 2021. In this role, he oversees branding, external and internal communications, government advocacy, stakeholder relations and corporate social responsibility for the Group.

Mr. Wynn has almost three decades of experience as a senior communications leader in international energy organisations. He most recently served as Stakeholder and Communications Director for Offshore Energies UK, the leading representative organization for the UK offshore energy industry. He has also held key senior management positions at EDF Energy and FTI Consulting.

Mr. Wynn holds a Bachelor of Science in Microbiology and Microbial Technology with honors from the University of Warwick.

Omar Abdulla Al Hashmi
Executive Director of Transmission and Distribution

Omar Al Hashmi serves as the Executive Director of TAQA’s Transmission & Distribution business, a position he has held since July 2020. In this role, he oversees the company’s diverse portfolio of transmission and distribution assets.

Prior to his role at TAQA, Mr. Al Hashmi was Executive Director – Asset Management at Abu Dhabi Power Corporation (ADPower), where he supported the development of the company’s transformation plan, structure and governance. He previously served as the head of strategy development at Etihad Airways and Vice President in the Industry platform at Mubadala Investment Company (Mubadala).

Mr. Al Hashmi sits on the boards of Xlinks and Sohar Aluminum.

Mr. Al Hashmi holds a Master of Business Administration from the London Business School, a Master of Science in Mechanical Engineering from the George Washington University, and a Bachelor of Science in Mechanical Engineering from Oklahoma State University.

Farid Al Awlaqi
Executive Director of Generation

Farid Al Awlaqi heads TAQA’s Generation business line, a position he has held since July 2020. In this role, he oversees and develops the company’s global power and water generation portfolio.

He previously served as Senior Vice President in the energy platform at Mubadala Investment, where he held various roles from operations to business development, investment and asset management.

Mr. Al Awlaqi sits on the board of Abu Dhabi Future Energy Company (Masdar), is the Chairman of the Supervisory Board of TAQA Morocco, and is a Board member of Sohar Aluminum.

He holds a Sloan Masters from the London Business School, a Master of Engineering in Petroleum Engineering from the Imperial College of the University of London. He is also a prize winner from the Royal Military Academy Sandhurst.

Franco Polo
Executive Director of Oil and Gas

Franco Polo heads TAQA’s Oil & Gas business line, a position he has held since July 2020. He is also a Board Member of TAQA North, TAQA Bratani and TAQA Iraq.

Before joining TAQA, he served in executive roles for upstream and midstream activities in Europe, North Africa, Middle East and Asia Pacific region at Eni, an integrated energy company. He also served as Managing Director and Board Member in multiple UK and Netherlands companies of Eni worldwide.

Mr. Polo holds a Master of Science and a Bachelor of Science in Geology from the University of Bologna, Italy.

Stephen Wackerle
Chief Risk and Internal Audit Officer

Stephen Wackerle serves as TAQA’s Chief Risk and Internal Audit Officer, a position he has held since July 2020. Mr. Wackerle oversees the organization’s management of risk and objective review of the risk management and internal control systems and holds responsibility for several functions, including, Health, Safety and Environment, Enterprise Risk, Business Continuity, Security and Internal Audit.

Mr. Wackerle is also the Committee Secretary of the TAQA Audit Committee.

Prior to this role, he held similar leadership roles with Abu Dhabi Power Corporation and BP.

Mr. Wackerle holds a Bachelor of Commerce and Post Graduate Diploma in Accounting from the University of Cape Town in South Africa; is a CFA® Charterholder; a Fellow of the Institute of Chartered Accountants in England and Wales; and a Member of the South African Institute of Chartered Accountants.

Mohammad Adnan Sharafi
Chief Legal Officer and Board Secretary

Mohammad Adnan Sharafi serves as TAQA’s Chief Legal Officer and Board Secretary, a position he’s held since July 2020. He oversees the company’s legal, governance and ethics and compliance functions.

Prior to his role with TAQA, Mr. Sharafi served as the General Counsel of Abu Dhabi Power Corporation in addition to nearly 12 years at Mubadala Investment Company advising on major M&A transactions, utilities development projects and other transactions covering the energy, industrial and financial sectors. Mr. Sharafi also worked at Clifford Chance LLP’s offices in London and Dubai.

He currently holds the following positions:

• Chairman and Non-Executive Director – Union Power Holding Company PJSC
• Non-Executive Director – Emirates Power Company PJSC
• Non-Executive Director – Shuweihat Power Company PJSC
• Non-Executive Director – Massar Solutions PJSC
• Non-Executive Director – TAQA North Ltd
• Member of Audit Committee – Abu Dhabi Aviation PJSC

Mr. Sharafi is qualified to practice law as a Solicitor of the Supreme Court of England and Wales and holds a Post-Graduate Diploma in Legal Practice from the College of Law, London as well as a Bachelor of Laws (Hons) from the University of Westminster, London.

Noel Aoun
Executive Director of Strategy

Noel Aoun serves as TAQA’s Executive Director of Strategy. In this role, Noel leads the development of TAQA’s corporate and ESG strategies, oversees the sustainability team and its initiatives and the company’s investments whilst coordinating strategies across the organisation’s business units.

Previously, he served as Group Strategy and Business Development Director at TAQA, a role he held since March 2018.

Prior to his position at TAQA, he held leadership positions at Schneider Electric and Booz & Co.

Currently, Mr. Aoun serves on TAQA’s Investment Committee and on the Board of Directors of Massar Solutions.

Mr. Aoun holds a Master of Business Administration from INSEAD and a Master of Science in Electrical and Computer Engineering from Ecole Supérieure des Ingénieurs de Beirut.

Nabil Almessabi
Chief Human Resources Officer

Nabil Almessabi serves as TAQA’s Chief Human Resources Officer, a position he has held since August 2021. In this role, he oversees the strategic development of human resources and administration as key enablers to TAQA’s growth ambitions. Mr. Almessabi is a member of the Supervisory Board of TAQA Morocco.

Prior to his role at TAQA, he served as Chief Human Resources Officer for TRANSCO and was the Executive Director of Human Capital and Communications at Abu Dhabi Power Corporation. With more than 20 years of experience, Mr. Almessabi has held leading positions in the oil and gas, real estate and tourism sectors in the UAE.

Mr. Almessabi holds a Bachelor of Science in Electrical Engineering from the UAE University, a Management Diploma from the University of Cambridge – Judge Business School and a Global Executive MBA from INSEAD.

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