Abu Dhabi National Energy Co.’s (Taqa) shareholders confirmed a board reshuffle, tapping Jassem Al Zaabi as its new chairman, while Industry and Advanced Technology Minister Sultan Al Jaber — and Adnoc chief — was tapped as vice chairman, according to an ADX disclosure (pdf). Al Zaabi is currently vice chairman at the Central Bank of the UAE and chairman of ADQ-backed developer Modon.

Trojan taps new CEO: Alpha Dhabi’s construction arm Trojan Construction appointed Ahmed Al Shamsi (LinkedIn) as group CEO, according to a press release. Al Shamsi will oversee the company’s expansion across different international markets.

Al Shamsi brings over 25 years of leadership experience across the oil and gas, infrastructure, construction, utilities, and industrial sectors. He most recently served as CEO of Taqa’s Water Solutions. He was also chairman of the commercial printing and security solutions provider E7 Group and vice chairman of Emarat.

PLUS- Sherif Elbehery (LinkedIn) was tapped as CEO of the National Bank of Egypt’s Emirati operations, he told EnterpriseAM. Elbehery brings over 25 years of experience to the role, having previously served as CEO of Onebank — Egypt’s first digital bank — and held senior leadership positions at Banque Misr, Barclays Egypt, and Citibank.

“NBE has big plans in the UAE. We are looking into upgrading our DIFC license to offer a full-fledged investment banking experience,” he told us.

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