Acwa Power appoints new CEO and managing director

Marco Arcelli (LinkedIn) will succeed Paddy Padmanathan as Acwa Power’s CEO after nearly two decades, according to a company statement released this week. Acwa Power announced Raad Al Saady (LinkedIn) would be assuming the position of vice chairman and managing director last week. The new appointments are a part of the company’s plans to expand internationally, with Arcelli using his 25+ years of international experience in energy, infrastructure and digital innovation to streamline operations and spur growth.