Governance ACWA Power Company

2082

SA15CGS10H12

Multiline Utilities

Market Closed - Saudi Arabian S.E. Other stock markets 15:20:00 08/03/2026 +03			5-day change	1st Jan Change
170.00 ^SAR	-0.23%		+2.47%	-6.49%

03-05	MIDEAST STOCKS-Most Gulf bourses end higher; UAE shares extend losses	RE
03-04	ACWA Power Company, 2025 Earnings Call, Mar 04, 2026

Executive Committee: ACWA Power Company

Manager

Positions heldSince

Marco Arcelli

54 year

Chief Executive Officer

21/03/2023

Stefan Verlee

Chief Operating Officer

Thomas Brostrom

Chief Investment Officer

01/10/2023

Abdulaziz Mohammed Al-Shushan

Comptroller/Controller/Auditor

Faisal Jadu

Human Resources Officer

Abdulhameed Al-Muhaidib

Director of Finance/CFO

29/08/2022

Hager Al-Twegieri

35 year

Corporate Secretary

01/01/2018

Ozgur Serin

Investor Relations Contact

01/05/2019

Furqan Ahmed Kamlani

52 year

Comptroller/Controller/Auditor

14/04/2019

Bart Boesmans

62 year

Chief Tech/Sci/R&D Officer

01/01/2021

Ghassan Shawli

48 year

General Counsel

01/04/2021

Composition of the Board of Directors: ACWA Power Company

Director

CommitteesSince

Mohammad Abunayyan

64 year

Executive Committee Chair

Sheila Khama

68 year

Audit Committee	29/09/2022
Governance Committee	09/09/2021
Nominating Committee	01/03/2023
Compensation Committee	01/03/2023

Omar Al-Madhi

45 year

Compensation Committee	01/10/2022
Nominating Committee	01/10/2022
Executive Committee	05/01/2022

Ahmed Al-Haqbani

46 year

Compensation Committee	05/01/2022
Nominating Committee	05/01/2022

Esmail Al-Sallom

44 year

Executive Committee

14/07/2019

Fahad Al-Saif

49 year

Executive Committee

05/01/2022

Khaled Al-Khattaf

58 year

Director/Board Member	05/01/2025
Independent Dir/Board Member	05/01/2025

Raad Al-Saady

51 year

Director/Board Member

01/02/2023

Omar Al-Midani

46 year

Director/Board Member

18/06/2018

Ibrahim Al-Rajhi

55 year

Director/Board Member

01/01/2022

Chen Liming

66 year

Director/Board Member	05/01/2025
Independent Dir/Board Member	05/01/2025

Latest Appointments: ACWA Power Company

03-01	ACWA Power Company Announces Chief Executive Officer Changes	CI
03-01	Saudi Arabian Energy Utility Acwa Power Names New Chief Executive	MT
03-01	ACWA Power appoints Samir J. Serhan as CEO	RE
02-23	ACWA Power Company Announces Resignation of Mr. Fahad Bin Abduljalil Al-Saif as Non-Executive Director, Effective February 23, 2026	CI
01-04	Saudi Tadawul Group Holding Co. Announces Formation of Audit Committee and Appointment of New Members, Effective January 2, 2026	CI
12-15	Acwa Power completes acquisition of gas-fired power generation assets with a capacity of 4.6 GW	RE
20/02/25	Saudi Electricity Signs SAR13 Billion Power Purchase Agreement for Gas-fired Power Plant	MT

More news

Former Officers and Directors: ACWA Power Company

Insider

Positions held

SinceUntil

Ping Li

Director/Board Member	05/01/2022	01/01/2025
Independent Dir/Board Member	05/01/2022	01/01/2025

Abdullah Al-Rowais

Director/Board Member	14/07/2019	01/01/2025
Independent Dir/Board Member	14/07/2019	05/01/2022

Madelyn Antonic

Director/Board Member	05/01/2022	01/01/2025
Independent Dir/Board Member	05/01/2022	01/01/2025

Suntharesan Padmanathan

Chief Executive Officer	-	20/03/2023
President	-	-

Clive Turton

Chief Investment Officer

01/10/2021

01/01/2023

Thamer Saud Al-Sharhan

Director/Board Member

30/07/2020

01/01/2022

Philip Julien de Cnudde

Corporate Officer/Principal

01/06/2021

Raid Ismail

Director/Board Member

01/01/2018

01/01/2021

Rasheed Al Rasheed

Director/Board Member

22/06/2008

01/01/2021

Alvaro Perez

Corporate Officer/Principal

13/09/2020

Vincent de Rivaz

Director/Board Member

05/12/2019

Abdullah Ismail

Director/Board Member

09/07/2018

Mohammed Al-Nahas

Director/Board Member

06/07/2016

David Crane

Director/Board Member

06/07/2016

Federico Tauber

Director/Board Member

07/07/2016

Mohsen A. Khalil

Director/Board Member	23/02/2015	-
Independent Dir/Board Member	23/02/2015	-

Ibrahim M. Al-Romaih

Director/Board Member

02/01/2013

Yara Anabtawi

Human Resources Officer	19/11/2012	-
Public Communications Contact	19/11/2012	-

Kashif Rana

Director of Finance/CFO	-	29/08/2021
Corporate Officer/Principal	29/08/2022	-

Julio Guiterrez

Chief Operating Officer

01/01/2009

Ahmad Mohamed Mahmoud Al Shanqiti

Corporate Officer/Principal

01/01/2008

01/01/2009

Rajit Nanda

Chief Investment Officer

01/12/2008

Tariq bin Mutlaq Abdullah Al-Mutlaq

Director/Board Member

29/11/2008

Ahmad Al-Rajhi

Director/Board Member

22/06/2008

Sulaiman Al-Muhaidib

Director/Board Member

22/06/2008

Suntharesan Padmanathan

Director/Board Member	01/01/2022	-
Chief Executive Officer	01/01/2007	21/03/2023
Corporate Officer/Principal	01/09/2005	01/01/2007
President	01/01/2007	21/03/2023

Yasir Mahmoud

Corporate Officer/Principal

Saad Al-Moajil

Director/Board Member

Abdul Majid Syed

Comptroller/Controller/Auditor

Walid Abdulrahman

Director/Board Member	-	-
Chief Operating Officer	-	-

Abdulrahman M. Ramzi Abdulrahman Addas

Director/Board Member

Majid Al-Shathry

Director/Board Member

Mohammad Izzaddin bin Idris

Director/Board Member

Salah C. Brahimi

Director/Board Member	-	-
Independent Dir/Board Member	-	-

Abdulraouf bin Waleed Al-Baitar

Director/Board Member

Ibrahim Roushdy Mehleb

Director/Board Member

John A. Coleman

Chairman

06/04/2009

Faisal Al Nassar

Director of Finance/CFO

Sulaiman Al-Twaijri

Director/Board Member

Age distribution of managers

Parity Men Women

Male	25
Female	1

Of which Executive Committee

Male	11
Female	0

Of which Directors

Male	10
Female	1

Revisions

Recommandations analystes

Évolution recommandations analystes 1 an

Évolution recommandations analystes 4 mois

Objectif analystes

Évolution objectif analystes 1 an

Évolution objectif analystes 4 mois

ESG MSCI

Environnement

Social

Gouvernance

Polémique

Controverses Ethiques

Controverses sur les droits de l'Homme

Controverses Subventions fiscales

Conforme à la finance Islamique

Acwa Power Company SJSC is a Saudi Arabia-based company, which is engaged in development, investment, operation and maintenance of power generation, water desalination. It operates in following segments: Thermal and Water Desalination, which develops, invests, operates and optimizes plants that include Independent Power Plants (IPPs), Independent Water and Power Plants (IWPPs) and Independent Water Plants(IWPs); Renewables, which develops, invests, operates and optimizes Photovoltaic(PV), Concentrated Solar Power(CSP), Wind plants, and Hydrogen; and Others, which comprises activities of corporate functions and other items that are not allocated to the reportable operating segments. Its subsidiaries include ACWA Power Saudi Electricity and Water Development Company, Kahromaa Company, Multiple Shares Company, ACWA Power Bahrain Holdings W.L.L., ACWA Power Management and Investments One Ltd and ACWA Power Global Services Ltd, among others.

Employees

3,538

Sector

Multiline Utilities

More about the company