Engie appoints new regional CEO

  • Business & Finance

French company Engie,  previously known as GDF SUEZ, has appointed a new CEO for its Middle East, South & Central Asia and Turkey (MESCAT) business unit.

Coming into effect in September 2016, Sébastien Arbola will take over over from Guy Richelle, who assumed these responsibilities on an interim basis, in addition to his role as ENGIE Business Development Oversight Director.

Sébastien Arbola is a graduate of Ecole Supérieure de Commerce de Paris. He has worked in the Group since 2006, starting with SUEZ as a Senior Finance officer in the Merger and Acquisitions (M&A) team in Paris where he was in particular in charge of the SUEZ – Gaz de France merger execution team.

In 2009, Arbola joined the GDF SUEZ Finance department as Head of M&A, responsible for coordinating with APE (French state agency), managing M&A banks and managing transforming assets rotation plan and operations among which the merger between GDF SUEZ International and International Power. In 2012, he became M&A Group director for GDF SUEZ.

Since 2013, Arbola has been CFO and senior vice president of SUEZ Environnement Asia, in charge of finance, tax, legal, internal control, IT & procurement for the business unit.

In the region covered by the MESCAT business unit, Engie is today present in 9 countries: Saudi Arabia, Bahrain, United Arab Emirates (UAE), Oman, Qatar, Kuwait, India, Pakistan and Turkey.

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