Taqa appoints new COO
- Business & Finance
Abu Dhabi National Energy Company PJSC (Taqa), has appointed Saeed Hamad Al Dhaheri as acting chief operating officer (COO).
Al Dhaheri joined Taqa in 2014 as Executive Vice-President Business Support. According to the oil company, during the past two years, he led a global restructuring project that contributed significantly into savings in excess of AED 5 billion during 2015 and increased the number of UAE nationals in Abu Dhabi from 28% to 47% today.
Al Dhaheri is assuming the responsibilities of Edward LaFehr, formerly COO who is leaving the company to be closer to his family in the Unites States.
Al Dhaheri has been deputising for Edward LaFehr for the last two years and is working closely with LaFehr to ensure business continuity and a smooth transition, Taqa said.
“I wish to thank Edward for his commitment and contributions to Taqa’s transformation, and I wish him all the best in his future endeavours,” said Saeed Al-Hajeri, Chairman of the Taqa’s Board of Directors. “Saeed Al Dhaheri has a proven track record and he has been instrumental in delivering the company’s transformation and strategic realignment. The Board is confident that Saeed will continue to enhance and deliver shareholder value.”
Saeed Al Dhaheri said: “I am honoured to be given this opportunity and wish to thank the Board for their continued support. I am excited to move ahead with our aim to develop a world class MENA-focused power and water business positioned for growth. Meanwhile we will continue to further increase efficiencies at our oil and gas businesses with the aim to bring back substantial technology and capabilities, especially from our unconventional operations, to the United Arab Emirates in alignment with our Abu Dhabi stakeholders.”
Al Dhaheri previously held leadership positions at Abu Dhabi Media Company, Etihad Rail and Abu Dhabi Health Services Company (SEHA) and he previously served on the United Printing & Publishing Board of Directors. Al Dhaheri holds a master’s degree in management from Abu Dhabi University and bachelor’s degree in international business from Eckerd College in the United States.