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 Marzouqi as its new Chief Executive Officer.
Al Marzouqi joins Tabreed from Dolphin Energy, where he was Chief Operating Officer – Downstream, responsible for 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 (Adwea) and Adco.
An industry veteran with more than 25 years of experience in the energy industry, Al Marzouqi holds two majors in Chemical Engineering and Petroleum Engineering.
Announcing the appointment, Chairman Khaled Al Qubaisi said: "Al Marzouqi 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.
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," he added.