ACWA Power, a leading developer, investor, and operator of power generation, water desalination, and green hydrogen plants, announced executive changes at the C-suite level.

Rajit Nanda, the company’s Chief Portfolio Management Officer, is stepping down from his role in January 2022. Kashif Rana, ACWA Power’s Chief Financial Officer (CFO), who has held this position for over 8 years and steered the company through its successful public listing, will take over the portfolio management role while remaining the CFO. 

Simultaneously, the CFO office will be strengthened by Abdulhameed Muhaidib, currently the Executive Managing Officer of Noor Energy in the United Arab Emirates.

Additionally, ACWA Power has also already brought on board Clive Turton as Chief Investment Officer. Turton joined ACWA Power from Vestas, where he served as President for the Asia- Pacific (APAC) region.