Governance ACWA Power Company

2082

SA15CGS10H12

Multiline Utilities

Market Closed - Saudi Arabian S.E. Other stock markets 07:20:00 2026-01-22 am EST			5-day change	1st Jan Change
179.70 ^SAR	+3.87%		+1.64%	-1.16%

Jan. 18	Mideast stocks - Saudi bourse rebounds, Egypt at record high	RE
Jan. 07	MIDEAST - Factors to watch - January 8	RE

Executive Committee: ACWA Power Company

Manager

Positions heldSince

Marco Arcelli

54 year

Chief Executive Officer

2023-03-20

Stefan Verlee

Chief Operating Officer

Thomas Brostrom

Chief Investment Officer

2023-09-30

Abdulaziz Mohammed Al-Shushan

Comptroller/Controller/Auditor

Faisal Jadu

Human Resources Officer

Abdulhameed Al-Muhaidib

Director of Finance/CFO

2022-08-28

Hager Al-Twegieri

35 year

Corporate Secretary

2017-12-31

Ozgur Serin

Investor Relations Contact

2019-04-30

Furqan Ahmed Kamlani

52 year

Comptroller/Controller/Auditor

2019-04-13

Bart Boesmans

62 year

Chief Tech/Sci/R&D Officer

2020-12-31

Ghassan Shawli

48 year

General Counsel

2021-03-31

Composition of the Board of Directors: ACWA Power Company

Director

CommitteesSince

Mohammad Abunayyan

64 year

Executive Committee Chair

Sheila Khama

68 year

Audit Committee	2022-09-28
Governance Committee	2021-09-08
Nominating Committee	2023-02-28
Compensation Committee	2023-02-28

Omar Al-Madhi

45 year

Compensation Committee	2022-09-30
Nominating Committee	2022-09-30
Executive Committee	2022-01-04

Ahmed Al-Haqbani

46 year

Compensation Committee	2022-01-04
Nominating Committee	2022-01-04

Esmail Al-Sallom

44 year

Executive Committee

2019-07-13

Fahad Al-Saif

49 year

Executive Committee

2022-01-04

Khaled Al-Khattaf

58 year

Director/Board Member	2025-01-04
Independent Dir/Board Member	2025-01-04

Raad Al-Saady

51 year

Director/Board Member

2023-01-31

Omar Al-Midani

46 year

Director/Board Member

2018-06-17

Ibrahim Al-Rajhi

55 year

Director/Board Member

2021-12-31

Chen Liming

66 year

Director/Board Member	2025-01-04
Independent Dir/Board Member	2025-01-04

Latest Appointments: ACWA Power Company

Jan. 03	Saudi Tadawul Group Holding Co. Announces Formation of Audit Committee and Appointment of New Members, Effective January 2, 2026	CI
Dec. 15	Acwa Power completes acquisition of gas-fired power generation assets with a capacity of 4.6 GW	RE
25-02-20	Saudi Electricity Signs SAR13 Billion Power Purchase Agreement for Gas-fired Power Plant	MT
25-01-08	ACWA Power Company Announces Board Appointments	CI
25-01-03	ACWA Power Company Appoints Sheila Khama as an Independent A Non-Executive Director	CI
24-11-25	Acwa Power Extends Board Nomination Period	MT
23-02-14	ACWA POWER Co. Announces Board Changes	CI

More news

Former Officers and Directors: ACWA Power Company

Insider

Positions held

SinceUntil

Ping Li

Director/Board Member	2022-01-04	2024-12-31
Independent Dir/Board Member	2022-01-04	2024-12-31

Abdullah Al-Rowais

Director/Board Member	2019-07-13	2024-12-31
Independent Dir/Board Member	2019-07-13	2022-01-04

Madelyn Antonic

Director/Board Member	2022-01-04	2024-12-31
Independent Dir/Board Member	2022-01-04	2024-12-31

Suntharesan Padmanathan

Chief Executive Officer	-	2023-03-19
President	-	-

Clive Turton

Chief Investment Officer

2021-09-30

2022-12-31

Thamer Saud Al-Sharhan

Director/Board Member

2020-07-29

2021-12-31

Philip Julien de Cnudde

Corporate Officer/Principal

2021-05-31

Raid Ismail

Director/Board Member

2017-12-31

2020-12-31

Rasheed Al Rasheed

Director/Board Member

2008-06-21

2020-12-31

Alvaro Perez

Corporate Officer/Principal

2020-09-12

Vincent de Rivaz

Director/Board Member

2019-12-04

Abdullah Ismail

Director/Board Member

2018-07-08

Mohammed Al-Nahas

Director/Board Member

2016-07-05

David Crane

Director/Board Member

2016-07-05

Federico Tauber

Director/Board Member

2016-07-06

Mohsen A. Khalil

Director/Board Member	2015-02-22	-
Independent Dir/Board Member	2015-02-22	-

Ibrahim M. Al-Romaih

Director/Board Member

2013-01-01

Yara Anabtawi

Human Resources Officer	2012-11-18	-
Public Communications Contact	2012-11-18	-

Kashif Rana

Director of Finance/CFO	-	2021-08-28
Corporate Officer/Principal	2022-08-28	-

Julio Guiterrez

Chief Operating Officer

2008-12-31

Ahmad Mohamed Mahmoud Al Shanqiti

Corporate Officer/Principal

2007-12-31

2008-12-31

Rajit Nanda

Chief Investment Officer

2008-11-30

Tariq bin Mutlaq Abdullah Al-Mutlaq

Director/Board Member

2008-11-28

Ahmad Al-Rajhi

Director/Board Member

2008-06-21

Sulaiman Al-Muhaidib

Director/Board Member

2008-06-21

Suntharesan Padmanathan

Director/Board Member	2021-12-31	-
Chief Executive Officer	2006-12-31	2023-03-20
Corporate Officer/Principal	2005-08-31	2006-12-31
President	2006-12-31	2023-03-20

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

2009-04-05

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

Révisions CA 1 an

Révisions CA 4 mois

Révisions CA 1 mois

Révisions BNA 1 an

Révisions BNA 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

Calendar

Feb. 25 - Q4 2025 Earnings Release (Projected)

More about the company