- 21 Sep 2014
Suhail Al Shamsi appointed GVP Treasury
ABU DHABI, United Arab Emirates – TAQA, the Abu Dhabi National Energy Company, has promoted Suhail Al Shamsi, currently Head of Treasury Operations, to the role of Group Vice-President – Treasury and member of the company’s Global Management Team.Commenting on the appointment, Saeed Al Dhaheri, Executive Vice-President Human Resources and General Services, said: “I look forward to working alongside Suhail as part of the Global Management Team. The fact that so many of our new leaders have been promoted from within the company reflects our long-term commitment to talent development and creating opportunities for top performers.”Suhail Al Shamsi, a UAE national, started his career at TAQA as Head of Treasury Operations in 2010. In his new role, he succeeds Ryan Wong who was promoted to acting Chief Financial Officer in September 2014. As Group Vice-President – Treasury, Al Shamsi has responsibility for operational treasury including cash and liquidity management, and the corporate finance and funding functions.Al Shamsi has 20 years of finance sector experience and has held leadership positions at Senaat and Abu Dhabi Islamic Bank. He has an MBA from United Arab Emirates University and a bachelor’s degree in Economics from Texas A&M University.This latest appointment is part of the company’s ongoing strategy development process, which has a focus on enhancing Emiratisation efforts.