Tabreed appoints Khalid Al Marzooqi as new CEO
Appointment comes as district cooling developer begins a new chapter, says chairman
The National Central Cooling Company (Tabreed), a leading district cooling developer headquartered in the UAE, has announced that its board of directors has appointed Khalid Al Marzooqi as its new chief executive officer.
In a statement, Tabreed said that Al Marzooqi joins from Dolphin Energy, where he was the chief operating officer – Downstream, overseeing the entire Operations Downstream Division in the UAE. Prior to this he was Senior VP at Dolphin’s Technical Services Division. He also handled senior roles at the Abu Dhabi Department of Transport, Abu Dhabi Water and Electricity Authority (ADEWA) and ADCO.
Announcing the appointment, Chairman Khaled Al Qubaisi said: ” Khalid Al Marzooqi joins Tabreed at the beginning of an exciting new chapter for the company and brings with him a wealth of experience in the energy sector, where he has worked at the most senior levels.”
“With the recent launch of Tabreed’s all-new corporate identity still fresh in our minds, the scene is set for this remarkable and progressive business to deliver on its ambitious plans, and I know Khalid’s considerable expertise will help drive us towards achieving ever more impressive results,” he stated.
An industry veteran, Al Marzooqi has more than 25 years of experience in the energy industry and holds two majors in Chemical Engineering and Petroleum Engineering.
Al Qubaisi also commended the outgoing CEO Bader Al Lamki for his steadfast belief in the company and his unwavering commitment.
“Tabreed is bigger and more profitable than ever delivering a 24% increase in consolidated connected capacity, ensuring a 20% increase in revenues and playing a pivotal role in the acquisition of the Downtown District Cooling concession from Emaar; it being the largest DC M&A transaction in history,” concluded.
