TAQA promotes deputy to CFO position

  • Business & Finance

Abu Dhabi National Energy Company PJSC (TAQA) has appointed Mohammed Al Ahbabi as acting CFO effective September 1, 2016.

TAQA said on Wednesday that Al Ahbabi, who is currently deputy CFO of the company, will replace Grant Gillon.

Saeed Hamad Al Dhaheri, TAQA acting COO, said: “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.”

“I wish to thank Grant for his successful contributions and 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 the Abu Dhabi Ambulatory Healthcare Services (SEHA) government agency in 2009 where he held the position of CFO before joining TAQA as deputy CFO in January 2016.

Al Ahbabi holds an MBA from the New York Institute of Technology.

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