The Board of Directors (the “Board")

Profile

Mr Mohammad Abunayyan, a Saudi national, the Founder and Chairman of the Board of Directors of ACWA Power, a publicly listed company in the Saudi Stock Exchange (Tadawul), that is driving the energy transition through transformative solutions in clean energy, water desalination, and green hydrogen.

An accomplished business leader with over four decades of experience in varied sectors, Mr Abunayyan is widely recognised as a key authority in the water and energy sectors globally.

Under his strategic leadership, ACWA Power has emerged as an agile, high-growth, power and water champion that is enabling Saudi Vision 2030 goals and delivering power and water, reliably and responsibly, at low cost, to communities across the world.

Founded in 2004, ACWA Power has expanded rapidly and is currently operating in 12 countries across the Middle East, Africa, Central Asia and Southeast Asia.

Mr Abunayyan has embedded cost leadership, technological expertise, and operational excellence within the company’s operating model and established strong public-private sector partnerships with a clear purpose to deliver the highest level of sustainable value to all stakeholders, while also focusing on driving community impact. He is a strong advocate and enabler of local talent and content in all the markets that ACWA Power operates in.

Mr Abunayyan also serves as Chairman of Vision Invest, Dussur and is on the executive board of numerous reputed organisations in KSA and the region.

Academic and professional qualification

• High school diploma, Alyamamah High School, Saudi Arabia, 1979.

Current positions

• Non-Executive founding Board member, NEOM Investment Fund.
• Non-Executive Director, Shuaa Energy 3 PSC.
• Chairman, the Saudi – Emirati Coordination Council.
• Non-Executive Director, King Abdulaziz Historical Center.
• Non-Executive Director, Ministry of Finance Advisory Council.
• Non-Executive Director, Jizan Integrated Gas and Power Transformation Company.
• Non-Executive Director, Local Content and Procurement Authority.
• Non-Executive Director, Higher Education Fund.
• Non-Executive Director, Noor Energy 1 PSC.
• Non-Executive Chairman, Saudi Arabian Industrial Investments Company (DUSSUR).
• Non-Executive Director, Hassyan Energy Phase 1 PSC.
• Non-Executive Chairman, Jazan Gas Projects Company.
• Non-Executive Director, Shuaa Energy 1 PSC.
• Non-Executive Chairman, Arabian Qudra Energy Limited Company.
• Non-Executive Chairman, Gas Industry Company for Industrial Services.
• Non-Executive Chairman, Yanbu Project Company for Electric Power.
• Non-Executive Director, Saudi Arabian Industrial Investments Company (DUSSUR).
• Non-Executive Chairman, Saudi Airlines Cargo Company.
• Non-Executive Director, Lafana Investment Company.
• Non-Executive Director, Rafal Real Estate Development Company.
• Non-Executive Vice-Chairman, Tarabot Development and Investment Company.
• Non-Executive Chairman, Saudi Tabreed Company.
• Non-Executive Chairman, Vision International Investment Company.
• Non-Executive Director, Neom Green Hydrogen Company Ltd.

Past professional experience

• Non-Executive founding Board member, NEOM Industrial City.
• Non-Executive Director, Industrial Board.
• Non-Executive Vice-Chairman, Etihad Energy International Company.
• Non-Executive Vice-Chairman, Global Ports and Rails.
• Non-Executive Chairman, Qurayyah project limited Company.
• Non-Executive Director, Welspun Middle East Pipes Company.
• Non-Executive Chairman, Qurayyah Investments Company.
• Non-Executive Chairman, Hajr for Electricity Production Company.
• Non-Executive Director, ACWA Power Khalladi.
• Non-Executive Director, Pohang Iron and Steel Company.
• Non-Executive Chairman, Al Mourjan for Electricity Production.
• Non-Executive Chairman, Rabigh Investments Company.
• Non-Executive Chairman; ACWA GAttendedç.
• Non-Executive Chairman; ACWA Power Enerji Anonim Sirketi.
• Non-Executive Chairman; KSB Arabia.
• Non-Executive Director, Aziz European Pipe Factory for Trading and Contracting.
• Non-Executive Director, Saudi Agricultural Development Co. (INMA).
• Non-Executive Chairman, Abunayyan Group.
• Non-Executive Director, Saudi Tumpane Company.
• Non-Executive Chairman, ACWA Power SolAfrica Bokpoort.
• Non-Executive Director, Sun and Life Company.
• Non-Executive Director, Desert Aluminum Company Ltd.
• Non-Executive Chairman, Central Electricity Generating Company.
• Non-Executive Chairman, ENARA Energy Investments PSC.
• Non-Executive Chairman, Floating Ships for Water Projects Company.
• Non-Executive Chairman, Rabigh Expansion Company.
• Non-Executive Chairman, Multiple Shares Company.
• Non-Executive Chairman, Al Raeda Energy.
• Non-Executive Chairman, Higher Institute for Water and Power Technologies.
• Non-Executive Chairman, ACWA Power Barka SAOG (Barka 1).
• Non-Executive Chairman, Projects Acquisition Company.
• Non-Executive Director, Rabigh Operations & Maintenance Company.
• Non-Executive Director, Industrial Cities Development and Operating Company, Trading and Contracting.
• Non-Executive Chairman, Kahromaa Limited.
• Non-Executive Vice-Chairman, First National Operation & Maintenance Company.
• Non-Executive Director, Jubail Water & Power Company.
• Non-Executive Chairman, SGA Marafiq Holdings Company.
• Non-Executive Chairman, Shuqaiq Arabian Company for Water & Electricity.
• Non-Executive Chairman, Saudi Malaysia Water & Electricity Company.
• Non-Executive Chairman, Shuaibah National Company for Water and Power.
• Non-Executive Chairman, Multiforms LLC.
• Non-Executive Chairman, International Barges Co. for Water Desalination.
• Non-Executive Chairman, Alimtiaz Operation & Maintenance Company.
• Non-Executive Director, Altoukhi Company for Industry, Trading and Contracting.
• Non-Executive Chairman, Beatona Company.
• Non-Executive Director, Saudi Research & Marketing Group.
• Non-Executive Chairman, Shuqaiq International Water & Electricity Company.
• Non-Executive Director, Shuqaiq Water & Electricity Company.
• Non-Executive Director, Tanmiah Transport Company.
• Non-Executive Chairman, Saudi Malaysia Operation & Maintenance Services Company.
• Non-Executive Director, Saudi Agriculture Development Company.
• Non-Executive Director, Saudi Deyaar.
• Non-Executive Director, Shuaibah Expansion Holding Company.
• Non-Executive Director, Shuaibah Expansion Project Company.
• Non-Executive Director, Rabigh Arabian for Water & Electricity Company.
• Non-Executive Chairman, Shuaibah National Company for Water and Power.
• Non-Executive Director, Riyadh Chamber of Commerce.
• Non-Executive Director, Grains Organisation.
• Non-Executive Director, SAMBA Financial Group.
• Non-Executive Director, National Agriculture Development Company (NADEC).

Profile

Mr Paddy Padmanathan is the Vice-Chairman & Chief Executive Officer of ACWA Power having joined the company as head of Business Development in 2005 and then from 2007 to 2021. A seasoned engineer and energy expert with over 40 years of experience, Mr Padmanathan has led the company as it grew from a start-up, to what it is today, a company that has a portfolio of assets in 13 high-growth markets across three continents. At ACWA Power, he has guided the business strategy to deliver power and desalinated water reliably and responsibly at competitive rates. He is also steering ACWA Power’s leadership in contributing to the energy transition, underpinned by a strong ESG framework, with some of the largest renewable energy parts in the world and the first ever major inclusion of renewable energy in desalination and now expanding to the field of producing green hydrogen at scale with the first major plant in construction.

Prior to joining ACWA Power, Mr Padmanathan served as the Vice-President and Corporate Officer at Black and Veatch, a major global engineering and construction company, where he was responsible for developing privately financed power, water, and wastewater projects in over a dozen countries.

Mr Padmanathan holds a degree in engineering from the University of Manchester, a postgraduate qualification in Civil Engineering production from University of Lancaster and serves on the boards of several water and power companies.

Academic and professional qualification

• Bachelor of Civil Engineering from University if Manchester, UK. 1979G.
• Post Graduate Studies in Civil Engineering production, University of Lancaster.

Current positions

• Non-Executive Director of BESIX and Heliogen, Non-Executive Vice-Chairman of Zhero BV and Xlinks and Non-Executive Chairman of Desolenator BV.
• He is also holding a number of positions as a representative of the Company, including the following:
• Director, ACWA Power Ouarzazte (Noor1),
• Director, ACWA Power Ouarzazate II,
• Director, ACWA Power Ouarzazate III,
• Director, ACWA Power Uzbekistan Project Holding Co. (DIFC),
• Director, ACWA Power Uzbekistan Wind Proj. Holding Co. (DIFC),
• Chairman, ACWA Industrial Investment Co. (AIICO), a Limited Liability Co,
• Chairman, ACWA Power Ouarzazate IV,
• Chairman, ACWA Power Khalladi,
• Chairman, ACWA Power Boujdour,
• Director, Arabian Co. for Water and Power Projects (APP),
• Director, ACWA Power Salalah 2 IPP Project Holding Co Ltd (DIFC),
• Director, ACWA Power Ethiopia project Holding Co (DIFC),
• Director, ACWA Power Kom Ombo Project Holding Company Ltd (DIFC),
• Director, ACWA Power Water Projects Ltd (DIFC), a Private Co/LTD,
• Director, ACWA Power Global Services (DIFC),
• President, ACWA Power Laayoune,
• Chairman, ACWA Güç IŞLETME VE YÖNETİM SANAYİ VE TİCARET ANONiM ŞİRKETİ,
• Chairman, ACWAPOWER ENERJİ ANONİM ŞİRKETİ,
• Director, ACWA Power AL Dur II Holding Co WLL,
• Director, ACWA Power FEWA Project Holding company Limited (DIFC) [formerly AP Sohar],
• Director, ACWA Power IBRI Project Holding Company Limited (DIFC),
• Director, ACWA Power Luxor Project Holding Company Limited (DIFC) [formerly AP Barka],
• Director, ACWA Power Green Energy Company Limited (DIFC) [formerly AP Bahrain],
• Director, ACWA Power Salalah Project Holding Co Ltd (DIFC),
• Director, ACWA Power DGC Project Holding Co. Ltd. (DIFC),
• Director, ACWA Power Harbin Holdings Limited (JAFZA),
• Director ACWA Power Management and Investments One, a Private Co/LTD,
• Director, ACWA Power Capital Management Ltd (DIFC),
• Director, ACWA Power Treasury Holding Co. Ltd,
• Director, ACWA Power Conventional Energy (DIFC),
• Director, ACWA Power Oasis 1 Ltd (JAFZA),
• Director, ACWA Power Oasis 2 Ltd. (JAFZA),
• Director, ACWA Power Global Services Branch,
• Director, ACWA Power Solar Limited (JAFZA), an Offshore Co./LLC,
• Director, ACWA Power General Holdings 1 Ltd (JAFZA), an LLC,
• Director, ACWA Power Energy Holdings Ltd. (JAFZA),
• Chairman, ACWA Power CF Karad PV Park EAD,
• Director, ACWA Power Moatize Holdings Ltd (JAFZA),
• Director, ACWA Power Plovdiv Holdings (JAFZA),
• Director, ACF Renewable Energy, a Private Limited Liability Co,
• Director, ACWA Power Bahrain Holdings WLL, a Limited Liability Co,
• Director, ACWA Power Kirikalle Holding WLL,
• Director, ACWA Power Coastal Holdings (JAFZA),
• Director, ACWA Power Inland Holdings (JAFZA),
• Director, ACWA Power Jordan Holding (JAFZA),
• Director, APBP TSA Company, a Private Co,
• Director, ACWA Power Barka Services 1,
• Director, ACWA Power Barka Services 2,
• Director, ACWA Power Global Holdings (JAFZA),
• Director, ACWA Power International Holding (JAFZA),
• President & CEO, International Water and Power Company (ACWA Power).

Past professional experience

• Corporate Officer & Vice-President, Black & Veatch Africa Limited.
• Chief Executive, Black & Veatch Africa Limited.
• Executive Director, Burrow Binnie International Ltd.
• Engineer and Manager, John Burrow and Partners Overseas.
• Researcher, IDC Group Limited and University of Lancaster.

Profile

Dr Ibrahim Al-Rajhi is a member of the Board of Directors at ACWA Power.

In a career spanning nearly 30 years across diverse sectors, Dr Al-Rajhi has demonstrated adaptability, dynamism and leadership. A highly educated business executive, Dr Al-Rajhi has worked and steered organisations in industries such as food and beverage, travel and tourism, logistics, real estate, construction and education.

He is currently an active board member in several small and medium enterprises and non-profit organisations in Saudi Arabia.

Dr Al-Rajhi holds a Bachelor’s degree in systems engineering from King Fahd University of Petroleum and Minerals; a Master of Science in management from Hult International Business School and a Doctorate in Human Resources Management from London Metropolitan University.

Academic and professional qualification

• Bachelor’s degree in systems engineering from King Fahd University of Petroleum and Minerals, 1994.
• Master of Science in management from Hult International Business School, 1996.
• Doctorate in Human Resources Management from London Metropolitan University, 2008.

Current positions

• Chairman of the Board, Modern Mailing Company located in Jeddah.
• Chairman of the Board, Tibah Airports Development Company, located in Madinah.
• Chairman of the Board, Tibah Airports Operation Company, located in Madinah.
• Member of Nama Al-Rajhi Humanity Establishment.
• Member of the Board of Hessah Ibrahim Al Qubaisi Endowments.
• Vice-Chairman of the Board of Directors of Hessah Ibrahim Al Qubaisi Academic Excellence Program.
• Member of the Board, National Center for Family Busine.
• Member of the Board, Family Business Council-Gulf.

Past professional experience

• Chairman of the Board, Arabian Cement Company from 2016 to 2020.
• Member of the Board, Arabian Cement from 1999 to 2016.
• Member of the Board, Al-Rajhi Holding Group from 2009 to 2021.
• Member of the Board, Al Ajyal Holding Co. from 2014 to 2017.
• Member of the Board, ACWA Power, from 2018 to 2020.
• Member of the Board, Al Arrab Contracting Co. from 2012 to 2017.
• Chairman of the Board, Mada Infrastructure Holding Co. from 2012 to 2016.
• Chairman of the Board, General Enterprise & Trading Company (GETCO) from 2008 to 2017.
• Member of the Executive Committee in Sulaiman Al-Rajhi Holding Company, from 2011 to 2018.
• Member of the Board, Sulaiman Al-Rajhi Real Estate Company from 2012 to 2017.
• Member of the Board, AL-Watania Poultry from 2011 to 2017.
• Project General Manager, Al-Watania Poultry from 1999 to 2008.
• Deputy General Manager, Al-Watania Poultry from 1996 to 1999.
• General Manager, Fursan Travel & Tourism from 1994 to 1995.

Profile

Mr Alhakbani has over 20 years’ experience in management.

Possessing sector agnostic skills, he has worked in, and provided board-level steering advice to companies operating in information technology, food and beverage, energy, transport and logistics, aviation, and trade.

He is currently Chief Executive Officer of Al hulul Al Mobassatah Financial Company (SiFi).

Prior to this role, Mr Alhakbani served as the Governor and Board Member of the Saudi Customs Authority.

From 2016 to 2017, he was the Deputy Minister for Foreign Trade in Saudi Arabia’s Ministry of Commerce and Investment.

A seasoned board director for companies and governmental entities, ranging from GASCO, Saudi Airlines to the Saudi Food and Drug Authority and Communication, Space and Technology Commission amongst others. Mr Alhakbani started his career in the private sector, first at Microsoft, and then at Cisco Systems.

Mr Alhakbani earned a Bachelor of Science degree in computer and information systems from King Saud University. He also holds a master’s in business administration from INSEAD.

Academic and professional qualification

• Bachelor of Science degree in computer and information systems from King Saud University, 2000.
• Master’s in business administration from INSEAD, 2009.

Current positions

• Member of Board of Directors of Nuclear and Radiological Regulatory Commission.
• Member of Board of Directors of Communication, Space and Technology Commission.
• Chairman of Board of Directors of Uptown Jeddah Company.
• Member of GCC Supreme Council consultative Authority and Head of the Saudi Delegation.
• Member of Board of Directors, Chairman of the NRC, and Member of the Executive Committee of Saudi Arabian Airlines.
• Vice-Chairman of the Board of Directors of Saudi Azm for Communications and Information Technology.
• Member of Board of Directors of Obeikan Glass Company.
• Chairman of Board of Directors of Wajbat Osraty (Siwar).

Past professional experience

• Member of Board of Directors, Chairman of NRC, and a Member of the Executive Committee of Local Content & Government Procurement Authority.
• Member of Board of Directors, Chairman of Privatization Committee, Chairman of Engineering Committee of the General Customs Authority.
• Chairman of Board of Directors, Chairman of NRC and Executive committee of King Fahad Causeway Authority.
• Chairman of Board of Directors, Chairman of Executive Committee of TABADUL Saudi Company for Exchanging Information Online.
• Member of Board of Directors, Chairman of NRC of Saudi Arabian Airlines.
• Member of Committee of Directors, Chairman of NRC of Flyadeal Saudi Airlines.
• Member of Board of Directors, Member of Executive Committee of Saudi Food and Drug Authority.
• Governor of the General Authority of Customs, Member of Board of Directors, Chairman NRC of Saudi Ports Authority.
• Member of Board of Directors, Chairman of NRC of National Gas Company.
• Member of Board of Directors of Natural Gas Distribution Company.

Profile

Mr Alsaif currently is Senior Managing Director, heads the Public Investment Fund’s Global Capital Finance Division, where he oversees PIF’s Global Capital Financing activities, of PIF and its portfolio companies.

Mr Alsaif worked on developing PIF’s green financing framework and obtaining an investment grade inaugural credit rating by international rating agencies, and subsequently launching PIF’s debut international bond programme; issuing the first green bond with a 100-year tranche, the first bond of its kind globally by a Sovereign Wealth Fund, simultaionusly, among other efforts that support PIF and its portfolio companies in diversifying the sources of capital to fund transformational projects across different sectors

Mr Alsaif hold several Board positions in national and international companies. Including the Chairmanship of the Aircraft Leasing Company (AviLease) and Emaar the Economic City. In addition.

Mr Alsaif has more than 25 years of experience in leading diverse functions including treasury, investment, debt capital management and corporate finance.

He started his career in the private sector and served senior positions in both Saudi British Bank (SABB) and HSBC Saudi Arabia for over a decade. Following his private sector stint, Mr Alsaif then took on a public sector role within Saudi Arabia’s Ministry of Finance, where he served as a senior advisor to the Minister, His Excellency Minister of Finance, and establsihed and headed the ministry’s debt management function, later renamed as National Debt Management Centre (NDMC), where he served as the Chief Executive Officer and Board member.

During his time at NDMC, he worked on executing the sovereign meduim-term debt strategy, and on the set up of the primary dealership (local sukuk), international sukuk and bonds, such as dollar-denominated bond programme, negative-yielding euro-denominated bond issuance, obtaining the credit rating of the government, and government financings through Export Credit Agencies.

A graduate in information systems from King Fahad University of Petroleum and Minerals. Mr Alsaif is also a member of PIF’s Management Committee and Management Liquidity Committee, and is also the chairman and member of multiple boards at the PIF’s portfolio companies, Vision 2030 Realisation Programmes, government-related entities and private companies including in the financial sector.

Academic and professional qualification

• Bachelor degree in Management Information Systems from King Fahd University of Petroleum and Minerals, 1998.

Current positions

• Senior Managing Director and Head of the Global Capital Finance Division – PIF.
• Non-Executive Board member, Bahri Company.
• Board Chairman, Aircraft Leasing Company (AviLease).
• Board Chairman, Emaar The Economic City.
• Non-Executive Board member, Gulf International Bank..
• Non-Executive Board, Board Executive Committee, and Nomination and Remuneration Committee member, The Saudi Real Estate Refinance Company (SRC).
• Member of the Financial Sector Development Programme.
• Investment Committee member, National Development Fund.
• Investment & Financing Committee member, NEOM.
• Non-Executive Board member, Board Executive Committee member, ACWA Power.
• Non-Executive Board member, Voluntary Carbon Market Company.
• Member of the Investment Committee, Events Investment Fund.
• Member in the Advisory Committee for investment in the municipal sector.

Past professional experience

• Advisor to His Excellency the Minister of Finance.
• CEO and Board member at National Debt Management Center.
• Deputy Managing Director – SABB.
• General Manager, Global Banking Services and Markets – SABB.
• General Manager and Head of Corporate Finance and Capital Markets – HSBC Saudi Arabia.
• General Manager and Head of Debt Capital Management – HSBC Saudi Arabia.
• Head of Risk Advisory, Treasury Department – SABB.
• Head of Investment and Trade Department, Treasury Department – SABB.

Profile

Mr AlMadhi is the Co-Head of MENA Direct Investments at the Public Investment Fund (PIF). Recognised as a leading corporate executive, Mr AlMadhi has over two decades of experience driving strategic growth within businesses in the Kingdom.

Prior to joining PIF, he held the position of Senior Managing Director & member of the Board at Abdul Latif Jameel (ALJ) Investments. Preceding his role at ALJ, Mr AlMadhi was an advisor to the Minister of Labor in Saudi Arabia, served as the CEO of Volkswagen Group Saudi Arabia, and held a number of positions at SAGIA, McKinsey and Saudi Aramco.

He was named a Young Global Leader by the World Economic Forum, joining the class of 2017. In naming Mr AlMadhi, the Forum characterised him as “a recognised corporate executive who has emerged a champion of job creation, employment and infrastructure in Saudi Arabia.”

Academic and professional qualification

• Executive Education (Global Leadership & Public Policy for the 21st Century), Harvard Kennedy School.
• Master of Business Administration (MBA), MIT Sloan School of Management.
• BSE In Chemical Engineering, University of Pennsylvania.

Current positions

• Co-Head of Direct Investments, MENA Investments Division Public Investment Fund (PIF).
• Board member, Riyad Bank.
• Board member, Saudi Arabian Industrial Investments Company (Dussur).
• Board Investment Committee Chairman, Saudi Arabian Industrial Investments Company (Dussur).
• Vice-Chairman, Jada Fund of Funds.
• Vice-Chairman, Regional Voluntary Carbon Market Company.
• Chairman, National Automotive & Mobility Investment Company.
• Chairman, Iliad Partners.
• Chairman of the Board, Awad Capital.

Past professional experience

• Chairman of the Board & Board Executive Committee, Saudi Fisheries Company.
• Board member, National Agricultural Development Company (NADEC).
• Board member, Shuqaiq Three Company for Water LLC.
• Investment Committee member, Abdul Latif Jameel Land.
• Advisory Board member, Four Principles.
• Board member, Abdul Latif Jameel Logistics.
• Board member, Saudi Sports for All Federation.
• Board member, Abdul Latif Jameel Real Estate Finance Company.
• Board & Executive Committee member, Job Creation & Employment Commission.
• Board member, Endeavor Saudi Arabia.
• Senior Managing Director & member of the Board, Abdul Latif Jameel Investments.
• Chief Executive Officer, Volkswagen Group Saudi Arabia.
• Assistant Deputy Governor – Research, Analysis, Saudi Arabian General Investments Authority (SAGIA).
• Associate, Mckinsey & Company.
• Process Engineer, Saudi Aramco Shell Refinery Company (SASREF).
• Research Engineer, Saudi Aramco.

Profile

Mr Abdullah AlRowais is the Chief Audit Executive of Etihad Etisalat Company (Mobily). He has more than 25 years of experience in Corporate Governance & Internal Control, Accounting, IT, ERM and Internal Audit. Mr AlRowais holds Bachler degree of Accounting and Master of Science in Computer and Information Systems from the USA and has successfully completed leadership and executive courses from internationally renowned schools such as IMD, INSEAD and London Business School. He is one of the founding members of the Institute of Internal Auditors of KSA.

Academic and professional qualification

• Master of Science in Computer and Information, University of Detroit Mercy, Michigan, USA. 1997.
• Advance Diploma in Accounting, The Economics Institute, University of Colorado, Boulder, USA ,1996.
• Bachelor's in accounting, King Saud University, Riyadh, SA, 1992.

Current positions

• Board of Director, Saudi National Bank (SNB).
• Board of Director, Saudi Tourism Authority.
• Board of Director, Bawan Company.
• Audit Committee member, Roshn Company.
• Audit Committee member, Jeddah Central Development Company.
• Audit Committee Chairman, Noon Company.
• Audit Committee Chairman, Boutique Collection Company.
• Audit Committee member, Saudi Information Technology Company.
• Chief Audit Executive of Internal Audit, Etihad Etisalat Company (Mobily).

Past professional experience

• Board of Director, Samba Financial Group.
• Audit Committee member, Alinma Tokio Marine.
• Audit Committee member, Saudi Arabian General Investment Authority.
• Audit Committee member, Deutsche Gulf Finance.
• Founding member, Board of Director, and Chairman of Executive Committee, Institute of Internal Auditors (IIA KSA).
• Board of Directors, Manafea Holding.
• Associate General Auditor, Saudi Aramco.
• IT Audit Manager, Saudi Aramco.
• Internal Auditor, Saudi Arabian Monetary Agency.

Profile

Mr Omar Almidani is the President and Chief Executive Officer of Vision International Investment Company (Vision Invest), a leading Saudi Development and Investment Holding Company with active investments in the power & water, industrial gases, district cooling, wastewater treatment, logistics and environmental solutions sectors. Mr Almidani has served in multiple roles within Vision Invest over the past 11 years. Mr Almidani is a member of the Young Presidents Organisation and holds a Bachelor of Commerce Degree (Finance) with Honours from the John Molson School of Business in Montreal, Canada. Mr Almidani sits on the Board of Directors of several Saudi companies, including Saudi Tabreed, Qudra Energy and Miahona.

Academic and professional qualification

• Bachelor of Commerce in Finance with honour degree, John Molson School of Business, Montreal, Canada, 2002.

Current positions

• President and Chief Executive Officer, member of Board of Directors and member of the Executive Committee, Vision International Investment Company.
• Non-Executive Director, Estydama Development Projects Company.
• Non-Executive Director, Miahona Company.
• Non-Executive Director, and Chairman of the Nomination, Remuneration & Compensation Committee, Saudi District Cooling Company.
• Non-Executive Director, Arabian Qudra Energy Ltd..
• Non-Executive Director, Chairman of Management Development & Compensation Committee, Member of Audit, Finance and Risk Committee, Member of Investment Committee, and member of Corporate Governance & Nominating Committee, Air Products Qudra for Energy.
• Non-Executive Director, Jubail Waves for Gases Company.
• Non-Executive Director, Jazan Gas Projects Company.
• Non-Executive Chairman, Ajyad Knowledge Company for Education and Training.
• Non-Executive Director, Beatona Company.
• Non-Executive Director, Saudi Integrated Waste Management Company.
• Non-Executive Director, Sahara Aluminium Company.
• Non-Executive Director, Wave One Project Company Limited.
• Non-Executive Director, Buildings Efficiency Company.
• Non-Executive Chairman, Yanbu Project Company for Electric Power Limited.
• Non-Executive Director, Vision Invest Limited (ADGM).
• Non-Executive Director, Rafal Real Estate Development Company.
• Non-Executive Director, Magma Holdings Limited (ADGM).
• Non-Executive Director, VI Gas Pipelines Holding I Limited (ADGM).
• Non-Executive Director, VI Gas Pipelines Holding II Limited (ADGM).
• Non-Executive Director, Vision Invest Pipelines Holding I Limited (ADGM).
• Non-Executive Director, Vision Invest Pipelines Holding II Limited (ADGM).

Past professional experience

• Non-Executive Chairman, East Pipes Integrated Company for Industry, from 2020 to 2022.
• Non-Executive Chairman, Integrated Tower Company for Telecommunications, from 2020 to 2022.
• Non-Executive Director, Etihad Energy International Company, from 2019 to 2021.
• Chairman, Multiforms LLC (UAE), from 2019 to 2020.
• Non-Executive Chairman, Jeddah Water Services Company, 2018 to 2022.
• Non-Executive Chairman, Industrial Cities Development and Operation Company, from April 2019 to October 2020.
• Non-Executive Chairman, Riyadh Water Production Company, from July 2018 to October 2020.
• Non-Executive Chairman, Jazzirah Environment Company, from 2018 to October 2020.
• Non-Executive Director, Power Acquisition Company, from 2014 to 2019.
• Non-Executive Director, Health Solutions Medial Company, from 2018 to 2019.
• Non-Executive Director, Arabian Japanese Membrane Company, from 2017 to 2018.
• Chief Executive Officer, Beatona Company, from 2011 to 2017.

Profile

Mr Alsallom is the Chief Executive Officer of the Kingdom of Saud Arabia’s National Infrastructure Fund (under establishment). Formerly he served as the Group Chief Executive Officer of Al-Rajhi Holding Group (RHG), a leading development and investment company headquartered in KSA with local and international operations and investments. Mr Alsallom chairs and/or is a member of the Board of Directors of several esteemed organisations in KSA, regionally and internationally. In addition, Mr Alsallom led executive roles in flagship organisations including the Head of Corporate Finance in the Structured Finance department of Banque Saudi Fransi. He received a Bachelor’s in Industrial Engineering from King Saud University and completed a Leadership Development programme from Harvard University, USA.

Academic and professional qualification

• Leadership development certificate, Harvard university, USA, from 2017 to 2019.
• Bachelor of Science in Industrial Engineering, King Saud University, KSA, 2005.

Current positions

• CEO, National Infrastructure Fund.

Past professional experience

• Chief Executive Officer of Al-Rajhi Holding Group.
• Chairman, Electroputere SA.
• Director, Havas Ground Holding Co.
• Director, Taibah Airports Development Company.
• Director, BTA Food and Services Company.
• Director, Saudi ATU Trading Limited Co.
• Manager Director, MADA Infrastructure Holding Company.
• Chairman, Electroputere SA.
• Advisory Board member, Al Arrab Contracting Company.
• Director, United Mining Investments Company.
• Head of Corporate Finance, Banque Saudi Fransi.

Profile

Dr Madelyn Antoncic is a member of the Board of Directors at ACWA Power.

Dr Antoncic is a highly educated leader with nearly four decades of experience in academia, banking and finance, intergovernmental organisations, and non-profits.

An economist by training, her experience spans global markets across all asset classes in large, complex, global financial institutions in both the private and public sector. She held various senior market roles at Goldman Sachs, Barclays Capital, Lehman Brothers and Principal Global Investors.

After a long and distinguished career in banking and finance Dr Antoncic returned to academia and public service positions. She spent four years at the World Bank as Vice President and Treasurer, where in addition to her significant financial responsibilities she led capacity building and technical assistance programmes for World Bank member countries that focused on asset, debt, and risk management, and was responsible for maintaining the World Bank’s AAA-credit rating. She is known for her leadership in financial innovation in implementing national climate-related disaster risk reduction and mitigation structures to help developing economy countries mitigate and transfer climate-related financial and other risks to the markets. She is currently a Senior Fellow at New York University Development Research Institute. The primary focus of her work is achieving sustainable economic development and climate change solutions by helping foster better capital allocation to emerging and developing economies. Most recently, she served as senior advisor to UNCTAD on sustainability standards reporting and was CEO of SASB, a non-profit private-sector sustainability standards setter, and was CEO of Global-AI, a not-for-profit Big Data and AI institute. She began her career as an Economist at the Federal Reserve Bank of New York, and she has taught Economics at the Graduate and Undergraduate NYU Stern Schools of Business in New York. Dr Antoncic is an internationally recognized industry leader and expert on risk management and governance. She is published widely on various economic topics including on ESG and is recipient of numerous awards.

Dr Antoncic holds a bachelor’s degree from Southampton College, and a Master of Philosophy and a Doctor of Philosophy both in economics, with a minor in finance from New York University.

Academic and professional qualification

• New York University, Stern School, Ph.D., Economics with a minor in Finance 1983
• New York University, Stern School, Master of Philosophy 1981
• Southampton College, B.A., Summa cum Laude 1976

Current positions

• Senior Fellow, New York University Development Research Institute.
• Director and Founder, Sustainable Economic and Climate Development (SECDEV) Initiative.
• Member Research Advisory Panel, UK Foreign, Commonwealth and Development Office (FCDO) and the Norwegian Agency for Development Cooperation (NORAD).
• Member Editorial Board, Journal of A.I., Robotics, and Workplace Automation.
• Member Editorial Board, Journal of Risk Management in Financial Institutions.
• Board of Directors S&P Global Ratings.
• Board of Overseers of the Weill Cornell Medicine (WCM) and Graduate School of Medical Sciences of Cornell University.
• WCM Business and Finance Committee.
• WCM Special Committee on Research.
• WCM Development Committee.
• WCM International Affairs Committee.
• WCM Physicians’ Organization Committee.

Past professional experience

• Vice President and Treasurer, The World Bank and the International Development Association (IDA).
• Senior Advisor to UNCTAD.
• CEO, Global Algorithmic Institute.
• Chief Executive Officer, Sustainability Accounting Standards Board (SASB) Foundation.
• Executive Director, Principal Global Investors.
• Managing Director Lehman Brothers Holdings Inc.
• Director, Treasurer Barclays Capital Inc. and Barclays Bank PLC.
• Vice-President, Goldman Sachs & Co.
• Former Policy Member, Counterparty Risk Management Policy Group Ill (CRMPG Ill).
• Former Member of the Committee for Market Best Practices.
• Former Board of Directors FinTech Masala Advisors’: FTAC III and IV.
• Former member of the board of One-to-World.
• Former Member and Vice-Chairman World Bank Group.
• Pension Finance Committee.
• Former member Steering Committee and Co-chair Public Sector Issuers Forum.
• Former member of the Board of Directors of the Girl Scout Council of Greater New York.
• Former member of the Board and of the Executive Committee Barclay’s Capital.

Profile

Mr Li currently serves as an Independent Director at China State Construction Engineering Corporation Ltd. An experienced management professional, Mr Ping has three decades of experience in the information and technology sectors, where he has overseen global investments and expansions, mergers & acquisitions activity, and the management and operations of listed companies.

His previous roles include being a Board member of the China Reform Holdings Corporation and CNIC Corporation, Chief Executive Officer of China Communication Corporation Services Ltd., the Deputy Director General of China Telecommunications of the Ministry of Posts and Telecommunications and many others.

Mr Li received a bachelor’s degree from Beijing University of Posts and Telecommunications, where he majored in radio communication engineering. He also holds a master’s in Business Administration from the State University of New York at Buffalo.

Academic and professional qualification

• Bachelor degree in Radio communication from Beijing University of Posts and Telecommunication, 1976.
• MBA Degree from the Management School, State University of New York at Buffalo in 1989.

Current positions

• Board member of China State Construction Engineering Corporation Ltd.

Past professional experience

• Board member, China Reform Holdings Corporation Ltd.
• CEO and Chairman of China Communication Services Corporation Ltd.
• Executive Director of the Board and Senior Executive Vice-President of China Telecom and China CCS.
• Deputy Director General of Department of Telecommunications of Ministry of Posts and Telecommunication.