Central Electricity Generating Company (Cegco) has announced the appointment of Omar Al-Daour as its new CEO, in succession of Abdel Fattah Al-Nsour, who recently submitted his resignation.

Al-Nsour will continue to act as CEO of Cegco until January 31 and will remain associated with Cegco as an advisor, a statement from the company said.  

Mohammed Bin Abunayyan, chairman, Cegco, said: “Throughout his time at the company, Al-Nsour’s able leadership has steered the company through multiple challenges and enabled it to achieve desired results.”

“Al-Daour has always been an active and influential member of the CEGCO family. He was extensively involved in guiding the company during various milestones such as its privatisation in 2005.”

“Over the course of his professional career, Al-Daour has spearheaded several Cegco projects, the most notable of which was the registration of the Aqaba Fuel Switch Project under the UNFCCC, which was later recognised as the 2008 Project Of The Year during the Abu Dhabi International Petroleum Exhibition Conference (Adipec).”

“I firmly believe that Al-Daour’s contributions to Cegco’s success in previous years, combined with his deep understanding of the company’s needs and strategic directions, will provide stability and enable us to continue to grow and prosper.”

Al-Daour has over 30 years of in-depth experience in the areas of corporate management and power plant engineering. Over the course of his career, he has served as a leading professional advisor for the German International Cooperation Agency (GIZ) and worked at the Ministry of Water and Electricity (Mowe) in Saudi Arabia.

Since 2000, Al-Daour has been a member of Cegco’s executive team, assuming several notable positions including assistant general manager for development and planning, executive manager for business development, assistant general manager for technical affairs and acting managing director. – TradeArabia News Service