• 10 Nov 2008
  • Global

TAQA Strengthens Local Team with Two Senior Appointments

As part of an organisational initiative, Shawn Olds and Scott Chapel will join TAQA’s Abu Dhabi headquarters to drive the company’s future growth and development by offering their extensive specialist experience across two sectors of the business: Global Sourcing and Corporate Security.Commenting on the appointments, Peter Barker-Homek, CEO of TAQA said: “These key appointments significantly strengthen our team in the Middle East region. Shawn and Scott have a clear understanding of the diverse needs of our growing organisation and a comprehensive knowledge of the industry-leading practices that will help TAQA to develop into one of the world’s leading energy companies. I firmly believe that they will each have a crucial role to play in the company’s future successes and I look forward to working more closely with both of them.”In his role as GVP of Global Sourcing, Shawn Olds will be responsible for establishing sound Sourcing practices throughout TAQA and its business units. His other key responsibility will be capturing, analyzing and acting upon TAQA’s corporate spending. Having recently served TAQA in the role of Head of Global Sourcing, Mr. Olds possesses over 14 years of professional experience working with blue chip companies, the military, governments and non-profit organizations.As the new Corporate Security Officer, Scott Chapel will manage the development and implementation of global security policy, standards, guidelines and procedures ensuring ongoing maintenance of security. His key responsibilities will be to identify protection goals, objectives and metrics consistent with TAQA’s strategic plan. Mr Chapel has been in the security business in the Arabian Gulf since 1993 with regional experience in security assessment, analysis, training, and program implementation combined with regional/cultural awareness.- ENDS -Contact Information for Media:Allan Virtanen
TAQA Media Relations, Abu DhabiTel +971 2 691 4894; Mob +971 56 685 2717
Allan.Virtanen@taqa.comAbout TAQAEstablished in 2005, TAQA is a diversified international energy group headquartered in Abu Dhabi, the capital of the United Arab Emirates, and listed on the Abu Dhabi Securities Exchange (ADX: TAQA).TAQA’s business is made up of three operating divisions spread across the entire energy value chain: power generation & water desalination; oil and gas exploration & production; and emerging & alternative energy technologies.Power & Water: TAQA is one the largest independent power producers in the world and the majority owner of the facilities that provide 98% of the water and electricity requirements in Abu Dhabi. TAQA’s power plants are located in the UAE, Morocco, Oman, Saudi Arabia, Ghana, India, and USA.Oil & Gas: with operations in Canada, UK, the Netherlands, USA and Iraq, TAQA’s oil and gas business includes exploration and production, underground gas storage and pipeline transportation.Emerging & alternative energy technologies: TAQA Energy Solutions is dedicated to alternative and technology-driven energy initiatives for long-term efficient energy production and generation.TAQA’s vision is to deliver ‘Energy for Growth’: growth within the business; social and economic progress in the communities where TAQA operates; and increased value for our shareholders.Over the past 40 years the UAE and Abu Dhabi have pursued a vision embodied by progressive development, investment and the highest global standards. TAQA is proud to align its strategy both domestically and globally to Abu Dhabi’s economic vision 2030, working towards sustainable economic development.For more information about TAQA visit: www.taqa.com or Twitter: @TAQAGLOBAL

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