Top US lawyer joins Taqa
Abu Dhabi, March 16, 2008
The Abu Dhabi National Energy Company (Taqa), a publicly-listed company on the Abu Dhabi Securities Market, has announced the appointment of Carl Sheldon as its general counsel.
Carl is a US and UK-qualified lawyer who brings with him more than 25 years of experience in private practice in New York, Frankfurt and London.
Carl has spent 17 years with Allen & Overy and was most recently Partner, Allen & Overy in New York. Prior to that he was managing partner of Allen & Overy‘s New York and Frankfurt offices.
His practice has centered on the cross-border arena with a particular focus on the energy sector.
“I am delighted that Carl is joining the Taqa senior management team. Since Taqa was established in 2005, we have enjoyed a strong working relationship with Allen & Overy and it is excellent news that Carl is on board," said Peter Barker-Homek, Taqa CEO.
"I know that his expertise will benefit us greatly as we continue to grow and fulfil our desire to become a leading global energy company,” he added.
Taqa asset base now exceeds USD 18bn and the company plans to continue investing in key markets this year. Carl will join Taqa on April 1.
He will travel initially from New York to TAQA's various centres of operation around the world, and expects to spend a significant amount of time in Abu Dhabi for his new role. One of his priorities will be to build the foundations of a global legal group to support the company’s existing asset portfolio and manage new acquisitions as the company grows.
Commenting on his appointment, Carl said, "I am very excited to have been given the opportunity to become the first general counsel of Taqa. The next ten years will mark pivotal changes in the global energy industry. I believe that Taqa and Abu Dhabi will be at the center of those changes. There are few opportunities in life where one can say that every aspect of my career to date has helped prepare me for this. For me, this is such an opportunity."-TradeArabia News Service