Abu Dhabi, UAE – February 25, 2016: Mohamed Jameel Al Ramahi has been formally appointed Chief Executive Officer (CEO) of Masdar, Abu Dhabi’s renewable energy company.
Mr Al Ramahi joined Masdar in 2008 as Head of Internal Audit and Compliance, rising to Chief Financial Officer and then Chief Operating Officer.
His Excellency Dr Sultan Al Jaber, Chairman of Masdar, said the appointment of Mr Al Ramahi reflected his proven track record over the last eight years and his outstanding business and commercial acumen.
“Investing in human capital and developing young leadership has always been a priority for Masdar. Assuming the role of CEO, Mohamed Al Ramahi has Masdar firmly embedded in his DNA. His deep personal attachment to the values and objectives of Masdar, together with his experience and technical abilities as a business leader, will be an immense asset to the company as it charts its future expansion, at home, in the region and overseas.”
Commenting on his appointment, Mr Al Ramahi said, “I have been fortunate to benefit from Masdar’s focus on developing its own people. As a long-standing member of the Masdar team, I have seen the company go from strength to strength, evolving from a thought leader into a genuine market leader promoting the wider adoption of renewable energy and sustainable development.
“I am proud to have played a part in this success and honoured to have been given the responsibility to head the company in its next phase of growth. As I embark upon my new role, I am grateful to the UAE leadership, in particular for its investment in developing the country’s human resources and its steady vision for a sustainable future.”
“Today, the business opportunities in renewable energy and clean technologies are greater than at any time in our history,” Mr Al Ramahi added. “Masdar is well placed to take full advantage, particularly with the shift towards optimising clean energy in the MENA region gathering pace.”
In recent years, Masdar has seen the continued expansion of its project portfolio, including the launch in December of the first utility-scale wind farm in Jordan, as well as a ground-breaking renewable energy-powered seawater desalination pilot project in Abu Dhabi.
Prior to joining Masdar, Mr Al Ramahi worked as an Internal Audit & Risk Manager at GASCO. Mr Al Ramahi has a bachelor’s degree in Business Administration & Finance from the University of Evansville in the United States.