Board of Directors and Management
The following table sets forth the names and positions of our directors. The Local Shareholder is entitled to appoint four directors, the Mirfa Offshore Holding Company is entitled to appoint two directors and Sojitz Holding Company is entitled to appoint one director. Directors are appointed for a term of three years. At the end of each term, our Board is reconstituted. A director whose term of office has expired may be re-elected.
The current Board of Directors consist of the following individuals:-
Mr. Mohamed Karam Alreyaysah was appointed to our Board of Directors in May 2021. He also serves on the board of several IWPPs in the UAE, including Taweelah A1, Taweelah A2, Shuweihat 2, Fujairah 1, and Fujairah 2. He holds a Bachelor of Applied Science in Electrical and Electronics Engineering from Al Ghurair University in the UAE and an MBA from the University of Modern Sciences.
Ms. Fatima Otman Alshaygi was appointed to our Board of Directors in May 2021 and also currently serves as TAQA’s Vice President of Thermal and Water Asset Management. Prior to joining TAQA, she served in several senior-level roles across the Abu Dhabi energy sector, including as an asset manager in the Clean Energy Unit at Masdar, chief financial officer at Al-Reyaddah CCS Co, and finance manager at Shams Power Company. She holds a Bachelor of Science in Finance and Banking from UAE University and has completed Harvard Business Executive Training Program.
Mr. Miklós Almásy de Zsadány was appointed to our Board of Directors on the 6th of September 2022. He also works for ENGIE in the Thermal & Supply Global Business Unit, as Asset Manager for Oman and UAE. He is also currently a director of each of Sohar Power Company SAOG, Power Management Company LLC, Kahrabel Operation & Maintenance LLC, Shuweihat CMS International Power Company, Ruwais Power Company PJSC, Fujairah Asia Power Company PJSC, Arabian Power Company PJSC, Total Tractebel Emirates O&M Company SA, Total Tractebel Emirates Power SA, and Energy Assistance ASBL. He holds an Electrical Engineer’s degree from Université Catholique de Louvain, Belgium, and a Master’s in Business Administration from HEC Saint Louis, Belgium.
Mr. Niko Cornelis was appointed to our Board of Directors on 06th September 2022. He works for International Power SA, Dubai Branch, and is also currently a director of each of Suez-Tractebel Operation and Maintenance Oman LLC (STOMO), UCH Power (Private) Limited, UCH – II Power (Private) Limited, Ruwais Power Company PJSC, M Power Holding Company Limited,. Jubail O&M Company Ltd (JOMEL) and ENGIE Holding. He holds an Engineering Degree from the Vrije Universiteit Brussel, Belgium, and an MBA from the Vlerick Business School, Belgium.
Dr. Omar Younis Asad was appointed to our Board of Directors in May 2023 and is currently working at TAQA in the Generation Business line as Asset Manager for the Western region. He also serves on the board of several IWPPs in the UAE. He holds a Ph.D. degree in Interdisciplinary Engineering with an emphasis on water and power sector strategic planning from Khalifa University (Masdar Institute of Science & Technology) in 2018, a Master's in Engineering Management, and a B.Sc. degree in Mechanical Engineering. He is also an alumnus of the “Government Leadership Program” and “Mckinsey & Company’s Qiyada Emerging Leaders Program”.
Mr. Makoto Imabayashi was appointed to our Board of Directors in May 2023. He works over 20 years for Sojitz Corporation (“Sojitz”). He is currently a manager of the Power & Infrastructure Solution Dept in Sojitz, as being in charge of the business development and asset management in MENA region. He is also a director of Al Batinah Power Company SAOG. He holds a Faculty of Engineering degree from Kyoto University, Kyoto, Japan.
As at December 31, 2020, we had 113 employees, of which the following comprise senior management:
The business address where each member of our Board and senior management can be contacted is Mirfa International Power and Water Company, Abu Dhabi-Hazza’ Bin Zayed the First Street, 11-Hazza’ Bin Zayed Street, 11-17th Floor Al Wahda Commercial Tower 1703, Emirate of Abu Dhabi.
There are no potential conflicts of interest between the private interests or other duties of the directors and members of senior management listed above and their duties to us.