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Tabreed’s shareholders elect four new Board members

Election follows the successful completion of ENGIE investment in Tabreed, says utility company

| | Sep 12, 2017 | 1:00 pm
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September 12, 2017, Abu Dhabi, UAE: The National Central Cooling Company (Tabreed) has announced the election of four new members to the company’s Board of Directors. The utility company made the announcement through a Press communiqué.

According to the communiqué, the election of the members took place at a General Assembly, held yesterday in Abu Dhabi. Tabreed’s Chairman, Khaled Abdulla Al Qubaisi, helmed the Assembly, which was attended by Tabreed’s Board of Directors and shareholders. The election came in the heels of the successful completion of ENGIE’s investment in Tabreed, through which the global energy company acquired 40% of the shares in Tabreed.

The four new Board members, who are all senior executives at ENGIE, are: Paulo Almirante, Executive Vice President, ENGIE Group; Sébastien Arbola, CEO, ENGIE Middle East, South & Central Asia and Turkey; Frédérique Dufresnoy, Deputy Director Métier Business to Territories and Frederic Claux, Head of Acquisitions, Investments and Financial Advisory. 

Commenting on the announcement, Al Qubaisi said: “We are pleased to welcome to Tabreed’s Board four new members, who are seasoned senior executives. Their wealth of experience and diversified expertise in both emerging and established markets will add significant value to the Board and support Tabreed in delivering on its ambitious vision.”

 


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