Gouvernance bodies

TAQA MOROCCO, is a Société Anonyme "equivalent to a public limited company" with a board of directors and a supervisory board

Supervisory Board

Mr. Farid Saleh Farid Mohamed Al Awlaqi

Chairman of the Supervisory Board

Mr. Farid Saleh Farid Mohamed Al Awlaqi

Farid Al Awlaqi heads TAQA’s Generation business line, a position he has held since July 2020. In this role, he oversees and develops the company’s global power generation and water portfolio. He previously served as Senior Vice President in the energy platform at Mubadala Investment, where he held various roles from operations to business development, investment and asset management. Mr. Awlaqi holds a Sloan masters from the London Business School and a Master of Engineering in Petroleum Engineering from the Imperial College of the University of London. He is also a prize winner from the Royal Military Academy Sandhurst.
Chairman of the Supervisory Board

Abdulaziz Mohamed Abdulla Alobaidli Alhammadi

Vice-Chairman of the Supervisory Board

Abdulaziz Mohamed Abdulla Alobaidli Alhammadi

Abdulaziz recently joined TAQA to lead the UAE Power and Water generation business with over 13 years’ experience in thermal power generation, including renewables. He started his career in early 2006 as a field engineer with Dubai Aluminum before pursing his interest in renewables in 2008 as a research engineer in the Masdar Research Network (MRN). During his time with Masdar, Abdulaziz was a guest scientist with the German Aerospace Center (DLR) working on a joint initiative between Masdar and DLR.
Alongside this joint initiative, Abdulaziz also worked with Masdar Clean Energy (the Middle East’s largest exporter of renewable energy) and the former Masdar Institute (now Khalifa University).
In 2012, Abdulaziz joined Shams Power Company as the Head of the Engineering team and later went on to lead the company as General Manager.
In addition to his role as the VP for UAE Power & Water Generation, Abdulaziz sets at the boards of several generation companies in and outside the UAE.
Abdulaziz earned an M.Sc in Energy Engineering (specialising in Power Plant technology) from RWTH Aachen University (Germany) and a B.Sc in Mechanical Engineering from UAE University. He also graduated from London Business School’s ADP Program and from UAE Government Executive Leadership Program.
Vice-Chairman of the Supervisory Board

Saeed Hamad Obaid Abuqata Aldhaheri

Member of the Supervisory Board

Saeed Hamad Obaid Abuqata Aldhaheri

Saeed Al Dhaheri joined TAQA in 2014 and was appointed acting chief operating officer in June 2016. Al Dhaheri was previously executive vice-president business support with the responsibility for TAQA’s human resources, health and safety, information technology, procurement and general services functions. During this time, he led the company’s global restructuring project that contributed to significant savings and nearly doubled the number of UAE nationals in HQ-based roles. Prior to joining TAQA, Al Dhaheri held leadership positions at Abu Dhabi Media Company, Etihad Rail and Abu Dhabi Health Services Company (SEHA) and he previously served on the United Printing & Publishing Board of Directors. Al Dhaheri holds a master’s degree in management from Abu Dhabi University and bachelor’s degree in international business from Eckerd College in the United States.
Member of the Supervisory Board

S.E. Saqer Salem Mohamed Binham Alameri

Independent Member of the Supervisory Board

S.E. Saqer Salem Mohamed Binham Alameri

H.E. Saqer Salem Mohamed Binham Alameri is a member of the Board of Directors of the Bank of Tunisia and the Emirates and a member of the Board of Directors of Benaa Real Estate Investment Company and Abu Dhabi Foreign Direct Investment Committee. He is currently Executive Director of the Internal Audit Department of the Abu Dhabi Investment Authority.

H.E. Saqer Salem Mohamed Binham Alameri holds a Master degree in Business Administration from UAE University and a BA in Business Administration – Marketing from University of Concordia, USA. He also passed the first stage of CFA certification and holds a specialized degree in senior leadership and executive management from Harvard University, USA.

He joined Investment Services in 2012 for two years to serve as Deputy Director of the Department. Then he worked in the Economic and International Relations Department as a diplomatic attaché.

In 2016, he was appointed to the Abu Dhabi Investment Authority (ADIA) where he managed the hedging portfolio in the Alternative Investments Department and then moved to the Investment Department.
Independent Member of the Supervisory Board

Abu Dhabi National Energy Company PJSC (TAQA) représentée par M. Andres Calderon Acuna

Member of the Supervisory Board

Abu Dhabi National Energy Company PJSC (TAQA) représentée par M. Andres Calderon Acuna
Member of the Supervisory Board

Hamad Abdulla Mohamed Alshorafa Al Hammadi

Member of the Supervisory Board

Hamad Abdulla Mohamed Alshorafa Al Hammadi

As an Investment Director at ADQ, amongst his different responsibilities, Hamad is managing the Utilities portfolio with an asset base of over $70bn. He specializes in business development through engaging in deal sourcing, value creation, and turnarounds. Hamad previously spent 14 years in Mubadala Investment Company where he has participated in the creation of high profile projects across three sectors including Utilities, Industry and Financial Services. He has also spent time at the Carlyle Group in Washington DC, focusing on M&A investments in the Industrials sector.
Member of the Supervisory Board

Mr. Anas Jawdat Ayesh Mustafa Albarguthi

Independent Member of the Supervisory Board

Mr. Anas Jawdat Ayesh Mustafa Albarguthi

Mr. Anas Jawdat Ayesh Mustafa Albarguthi, second independent Member of the Supervisory Board of TAQA Morocco, currently holds the position of Executive Director of Compliance and Standard Services of the Abu Dhabi Compliance and Quality Council. He is also a Member of the Management Board and Chairman of the Executive Committee of Abu Shipbuilding Company. A graduate in Law from the University of Amman and in international law & comparative business law Law from the University of London Guildhall in the United Kingdom, Anas Jawdat Ayesh Mustafa Albarguthi has over twenty years of experience in executive management in government entities, semi-government and private sector companies in the United Arab Emirates and the United Kingdom.
Independent Member of the Supervisory Board

Vivek Gambhir

Member of the Supervisory Board

Vivek Gambhir

Vivek Gambhir has a degree in Masters of Law and holds qualifications to practice law in England.

Vivek Gambhir is the General Counsel of Abu Dhabi National Energy Company PJSC. Prior to joining Abu Dhabi National Energy Company PJSC, Vivek Gambhir worked in London as a partner in an international law firm where he headed up their international power practice. Vivek Gambhir has worked in a number of jurisdictions on various international assignments, involving M&A, greenfield projects, regulatory and sector privatisations and restructuring.
Member of the Supervisory Board

- Committee for the Appointing and Remuneration of Executives
  
  Committee for the Appointing and Remuneration of Executives
  
  The Committee for the appointing and remuneration of executives has the aim of assisting Supervisory Council members in appointing and The Committee for the appointing and remuneration of executives has the aim of assisting Supervisory Council members in appointing and deciding the pay of members of the Board of Directors.
- Audit Committee
  
  Audit Committee
  
  The Audit Committee ensures the follow up on questions relating to the writing and checking of accounting and financial information. In this way, and independent of the prejudices of administrative bodies, the board or the management of TAQA Morocco, the Audit committee is answerable to the Supervisory Council of the Company:
  • for monitoring the production of information for shareholders, the public and the Moroccan Capital Markets Authority;
  • for monitoring the efficiency of internal checking systems, internal audits and as needed, the management of risks linked to TAQA Morocco.
  • for monitoring the legal checks on corporate accounts and consolidated accounts of TAQA Morocco.
  • for the monitoring and evaluation of the accounts auditor’s independence.
  • to attract the attention of all departments to the importance of respecting the TAQA Morocco Code on Ethics and Professional Conduct.
- Strategy and Business Development Committee
  
  Strategy and Business Development Committee
  
  The general purpose of the Committee is to assist and advise the Supervisory Board in fulfilling its responsibilities with respect to strategy and business development matters.

Board of Directors

Abdelmajid Iraqui Houssaini

President of the Board

Abdelmajid Iraqui Houssaini

Abdelmajid Iraqui Houssaini has over 17 years of experience in the Power sector and is the CEO of TAQA Morocco since 2009. Also responsible for managing TAQA’s global power and water businesses, Mr Iraqui Houssaini is the Managing Director for the African businesses which include TAQA Morocco and and Takoradi International Company, a power plant in Ghana. Mr Abdelmajid Iraqui Houssaini started his career as a senior financial analyst at Metropolitan Life Insurance in the United States prior to join CMS Energy in 1999 where he held different positions from Business Development analyst to Country Manager covering South America, North America, Middle East and Africa. While holding the position of Country Manager as part of the acquisition team from CMS Energy in 2007, Mr Iraqui established the subsidiary TAQA Morocco as the leading Independent Power Producer (IPP) in Morocco with the expansion project of the power plant to a total installed capacity of 2056 MW. He holds a Master of Business and Administration from the University of Michigan and a Bachelor of Finance from the Eastern Michigan University.
President of the Board

Omar Alaoui M'Hamdi

Member of the Board

Omar Alaoui M’Hamdi

With over 10 years’experience in the Energy sector, Mr Alaoui M’Hamdi is a certified Public Accountant from Paris holding a Bachelor of Business Administration in Finance & Accounting from ISCAE Business School of Casablanca, Morocco. Prior to joining Jorf Lasfar Energy Company in 2004, Mr Alaoui M’Hamdi was a Senior Consultant Audit and Corporate Finance at Price Waterhouse Coopers. Omar Alaoui M’Hamdi is the Deputy CEO and CFO for TAQA Morocco, TAQA North Africa and JLEC 5&6 and Member of the Board of TAQA Morocco.
Member of the Board

Fadoua Moutaouakil

Member of the Board

Fadoua Moutaouakil

With over 20 years of experience, Fadoua Moutaouakil holds a Bachelor degree in Finance and Audit (Valedictorian) and IFRS certificate from INTEC France. She is a Ph.D Chartered Accountant with highest honour. Fadoua Moutaouakil is currently Head of Strategy and Risk Management Division.

Prior to joining TAQA Morocco, she started he career in PricewaterhouseCoopers (pwc) in audit, advisory and consolidation until 2003, then she joined Al Mada Group (former ONA and SNI) for eleven years holding several Managing positions as Group CFO, Executive Board member of Compagnie Optorg, Head of Strategy and Finance. Fadoua Moutaouakil has served as a board member of several companies both in Morocco and overseas.
Member of the Board

Mehdi Belghiti

Member of the Board

Mehdi Belghiti

Mehdi Belghiti is an engineer, graduated from the Ecole Polytechnique de Lausanne. He began his career in 2002 with the CFG Group investment bank. In 2004, he joined the COMANAV Group as General Secretary before being appointed, after the privatization of the company, Deputy Managing Director. In 2008, he joined the ADDOHA Group as Deputy Managing Director in charge of Finance and Resources.
In October 2012, he joined TAQA Morocco as Director of the Support Department, then he became a Board Member in 2015.
Member of the Board

Fatima Bendahbia

Member of the Board

Fatima Bendahbia

Fatima Bendahbia is an engineer, in mechanical engineering, energy option, from Ecole Mohammedia des Ingénieurs. She also holds a DESS degree in Human Resources from the Institute of Business Administration at the Robert Schuman University in Strasbourg (2005) and an MBA in International Management from the Ecole Nationale des Ponts et Chaussées (2008).
Fatima Bendahbia began her career at ONE in 1993 as head of the methods office until 1997 when she joined JLEC (currently TAQA Morocco) as head of the methods department. In 1999, she joined the Strategy and Maintenance Planning Department as Deputy Director until 2000 when she was appointed Deputy Director of Strategy and Maintenance Planning. In 2008, Fatima Bendahbia was appointed Director of Human Resources until 2013 when she was entrusted with the Direction of the Technical and Engineering Department. In 2018, she was appointed General Manager of the Jorf Lasfar Thermal Power Plant and member of the Management Board.
Member of the Board

Saïd El Mamouni

Executive Director of Law affairs

Saïd El Mamouni

Graduated in business law from the Faculty of Law of Rabat, Saïd El Mamouni has managed the legal departments of various Moroccan and multinational companies operating in different sectors of activity.
He started his career in 1993 in the insurance industry then joined TOTAL Maroc in 1995 as the Head of Legal, Insurance and Real Estate portfolio for more than 9 years. In 2004, he joined Bank Al Maghrib as Deputy General Counsel before joining Altadis Maroc (now Imperial Tobacco) in 2006 as General Counsel.
In 2009, he joined the OCP Group where he held the position of General Counsel Chemical and Mining, then the ADDOHA Group as General Counsel – Africa.
In 2014, he joined TAQA Morocco where he currently holds the positions Member of the Board and Management Board Secretary.
Member of the Board

- Board of Directors
  
  Board of Directors
  
  The Board of Directors is responsible for all issues relating to the strategy, to the development and to the organization of the TAQA Morocco Group. In this way, it takes all of the necessary decisions to achieve the operational and financial objectives of TAQA Morocco.
- Company Committee
  
  Company Committee
  
  The Company committee is consulted to provide opinions or to give its approval in the following fields: structural and technological transformations likely to be carried out within the company; TAQA Morocco production strategy and the means to improve its profitability, the creation of social projects for the staff and the monitoring of their implementation, the social assessment, the programs for internships, for professional placement and for on-going training.
- Governance, Risk and Compliance Committee
  
  Governance, Risk and Compliance Committee
  
  Main missions:
  • Regularly assess the overall approach as well as the risk management procedures,
  • Establish a common risk identification and management framework and ensure the dedicated means and resources,
  • Ensure the deployment of good practices and international standards in operational risk management,
  • Monitor the execution of the audit plan and the annual internal control plan as approved by the Audit Committee,
  • Establish governance of the Company's data;
  • Ensure permanent compliance with the regulatory framework.
- Occupational Hygiene, Health, Safety and Security Committee
  
  Occupational Hygiene, Health, Safety and Security Committee
  
  In accordance with legal and regulatory provisions, along with the Social Dialogue Charter, the Committee is responsible, on the one hand, for ensuring the application of legal and regulatory provisions relating to Safety, Hygiene and Health protection on workplaces and on the other hand, to ensure the monitoring and coordination of Security measures within TAQA Morocco.
- Corporate Social Responsibility and Communities actions Committee
  
  Corporate Social Responsibility and Communities actions Committee
  
  Main missions:
  • Develop, propose, formalize and implement the Company's CSR approach;
  • Monitor the CSR dashboard;
  • Develop a sponsorship actions plan at the start of each year, in line with the directives and orientations of the Company, and ensure its implementation;
  • Regularly assess the CSR approach and its contribution to the Company's performance;
  • Communicate the results of the CSR approach to the Company's Supervisory Board and Management Board.
- Organization, Compensation and Social dialogue Committee
  
  Organization, Compensation and Social dialogue Committee
  
  Main missions:
  1. Work organization and remuneration, with the main objective of assisting the Management Board, in particular with regard to remuneration, organization plans, succession planning and employee training.
  2. Social Dialogue, with the main goal of coordinating and supervising the actions and work of the Social Dialogue Commission created and operating in accordance with the Social Dialogue Charter of TAQA Morocco.

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TAQA MOROCCO, is a Société Anonyme "equivalent to a public limited company" with a board of directors and a supervisory board

Supervisory Board

Board of Directors