• HSBC

TAQA strengthens local team with three senior appointments

  • United Arab Emirates: Monday, November 10 - 2008 at 15:41
  • PRESS RELEASE

The Abu Dhabi National Energy Company PJSC (TAQA), a publicly listed company on the Abu Dhabi Securities Market (ADX), today announced the appointment of three senior Group Vice Presidents to strengthen its operations in the region.

As part of an organisational initiative, Shawn Olds, Scott Chapel and Jim Tully will join TAQA's Abu Dhabi headquarters to drive the company's future growth and development by offering their extensive specialist experience across three sectors of the business: Global Sourcing, Corporate Security and Human Resources.

Commenting on the appointments, Peter Barker-Homek, CEO of TAQA said:
"These key appointments significantly strengthen our team in the Middle East region. Shawn, Jim and Scott all have a clear understanding of the diverse needs of our growing organisation and a comprehensive knowledge of the industry-leading practices that will help TAQA to develop into one of the world's leading energy companies. I firmly believe that they will each have a crucial role to play in the company's future successes and I look forward to working more closely with each of them."


In his role as GVP of Global Sourcing, Shawn Olds will be responsible for establishing sound Sourcing practices throughout TAQA and its business units. His other key responsibility will be capturing, analyzing and acting upon TAQA's corporate spending. Having recently served TAQA in the role of Head of Global Sourcing, Mr. Olds possesses over 14 years of professional experience working with blue chip companies, the military, governments and non-profit organizations.

As the new Corporate Security Officer, Scott Chapel will manage the development and implementation of global security policy, standards, guidelines and procedures ensuring ongoing maintenance of security. His key responsibilities will be to identify protection goals, objectives and metrics consistent with TAQA's strategic plan. Mr Chapel has been in the security business in the Arabian Gulf since 1993 with regional experience in security assessment, analysis, training, and program implementation combined with regional/cultural awareness.

Jim Tully has been appointed GVP of Human Potential and will be responsible for integrating the company's personnel systems worldwide, spreading the TAQA culture and keeping the competencies of the company's international workforce current and the most competitive in the industry. With over 23 years of leadership experience in human capital and organizational development, Mr Tully will help TAQA continue on its mission to build a global human potential organization that is based on meritocracy and trust.
 
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Notes and Media Contacts »

About Abu Dhabi National Energy Company PJSC (TAQA)
Founded in 2005, TAQA (Abu Dhabi National Energy Company (PJSC)) is a global energy company with a growing asset base of Dhs85bn ($23.4bn). One of the largest companies listed on the Abu Dhabi Securities Exchange (ADX), with 2007 revenue of more than Dhs8bn ($2bn), TAQA is a flagship corporation for the Government of Abu Dhabi.

TAQA's strategic goal is to build and operate a geographically diverse global portfolio of energy businesses across the value chain. It has operations in power generation, water desalination, upstream oil/gas, pipelines, and gas storage.

TAQA employs approximately 2,800 people from 41 different nations and operates from its offices in: Abu Dhabi; Ann Arbor, Michigan; Aberdeen; Amsterdam; Calgary and The Hague. This footprint is further extended through alliances with partners across Africa, the Middle East, Europe, North America and India.

for more details please contact:
TAQA:
Reem Al Midwahi
Tel: +971 2 6914940

UAE
Mr. Jonathan Ellis, Capital MS&L
+ 971 4 367 6172

London
Ms. Claire Maloney, Capital MS&L
+44 207 307 5341

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