ACWA Power Executive and Leadership Team

August, 2026

Leadership Overview

acwa has 10 executives leading key functions including strategy, operations, financial planning, and regional market development.

Focused on sustainable utility infrastructure, [[acwa]] delivers reliable power and water solutions while advancing green hydrogen technology to drive global resource efficiency and long-term economic growth across international markets.

Leadership Roles at ACWA Power

  • Chief Executive Officer - Dr. Samir J. Serhan
  • Chief Financial Officer, At Sirdarya Combined Cycle Gas Turbine Plant - Ulugbek Rustambekov
  • Middle Africa Chief Financial Officer & Vice President (Measea, East, South, East, Asia) - Javed Mustafa
  • Regional Chief Financial Officer - Nadeem Rizvi
  • Executive Manager, Financial Planning & Deputy Chief Financial Officer, Analysis At Acwa Power ( Hassyan Water Project) - Idrees Javed
  • Chief Financial Officer, Rumah 1 & Nairyah 1 - Haseeb Ashraf
  • Vice President - Chief Financial Officer Central Asia - Ahsen Saeed
  • Chief Financial Officer, Country (Turkey & Azerbaijan) - Umut Kaydan
  • Chief Financial Officer, Project Company - Harris Chohan
  • Deputy Chief Operating Officer - Matthew York
  • Dr. Samir J. Serhan - Chief Executive Officer

    Dr. Samir J. Serhan, the Chief Executive Officer at acwa, directs the global strategic vision for power generation and water desalination assets. Overseeing the entire corporate portfolio, the Chief Executive Officer ensures alignment between renewable energy investments and long-term sustainability goals. This leadership role involves managing complex infrastructure projects across diverse international markets to maximize resource efficiency. By optimizing operational performance, Dr. Samir J. Serhan directly impacts the company's ability to deliver integrated utility solutions. The Chief Executive Officer maintains close collaboration with the Board to secure capital for emerging green hydrogen initiatives. Through rigorous oversight of project development, Serhan drives the expansion of the global footprint while maintaining high standards of operational excellence. This executive leadership ensures that the organization remains at the forefront of the energy transition, consistently delivering value to stakeholders through innovative and sustainable utility infrastructure development.
    Dr. Samir J. Serhan

    Ulugbek Rustambekov - Chief Financial Officer, At Sirdarya Combined Cycle Gas Turbine Plant

    Ulugbek Rustambekov, the Chief Financial Officer, At Sirdarya Combined Cycle Gas Turbine Plant at acwa, manages the fiscal health and capital structure of the Sirdarya facility. Overseeing financial reporting and budget allocation, the Chief Financial Officer, At Sirdarya Combined Cycle Gas Turbine Plant ensures that the plant maintains optimal liquidity and cost efficiency. This leadership role involves navigating complex regulatory environments to secure project financing and manage debt obligations. By implementing robust financial controls, Ulugbek Rustambekov directly impacts the profitability of this critical power generation asset. The Chief Financial Officer, At Sirdarya Combined Cycle Gas Turbine Plant coordinates with corporate treasury to align local financial strategies with global objectives. Through meticulous analysis of operational expenditures, Rustambekov drives cost-saving initiatives that enhance the overall economic viability of the plant. This executive oversight ensures that the facility remains a stable and productive component of the broader energy infrastructure portfolio.

    Javed Mustafa - Middle Africa Chief Financial Officer & Vice President (Measea, East, South, East, Asia)

    Javed Mustafa, the Middle Africa Chief Financial Officer & Vice President (Measea, East, South, East, Asia) at acwa, directs financial strategy across expansive regional markets. Overseeing fiscal operations in Middle Africa and parts of Asia, the Middle Africa Chief Financial Officer & Vice President (Measea, East, South, East, Asia) ensures that regional investments align with corporate growth targets. This leadership role involves managing currency risks, tax compliance, and capital allocation for diverse utility projects. By optimizing regional financial performance, Javed Mustafa directly impacts the company's ability to scale operations in emerging markets. The Middle Africa Chief Financial Officer & Vice President (Measea, East, South, East, Asia) collaborates with local project teams to ensure financial transparency and operational efficiency. Through strategic oversight of regional assets, Mustafa drives the successful deployment of capital in high-growth areas. This executive role ensures that the organization maintains a strong financial foundation while expanding its footprint across multiple continents.

    Nadeem Rizvi - Regional Chief Financial Officer

    Nadeem Rizvi, the Regional Chief Financial Officer at acwa, manages financial planning and reporting for key regional operations. Overseeing the fiscal health of assigned territories, the Regional Chief Financial Officer ensures that project budgets remain aligned with corporate sustainability and profitability goals. This leadership role involves managing regional cash flows, investment appraisals, and financial risk mitigation strategies. By providing accurate financial insights, Nadeem Rizvi directly impacts the decision-making process for new infrastructure developments. The Regional Chief Financial Officer coordinates with project managers to ensure that financial resources are allocated efficiently across the regional portfolio. Through rigorous monitoring of financial performance metrics, Rizvi drives improvements in operational cost management. This executive oversight ensures that the company maintains financial stability while pursuing aggressive growth targets in the energy and water sectors. The role remains essential for balancing regional market demands with the overarching financial objectives of the global organization.

    Idrees Javed - Executive Manager, Financial Planning & Deputy Chief Financial Officer, Analysis At Acwa Power ( Hassyan Water Project)

    Idrees Javed, the Executive Manager, Financial Planning & Deputy Chief Financial Officer, Analysis At Acwa Power ( Hassyan Water Project) at acwa, directs the financial modeling and planning for the Hassyan Water Project. Overseeing complex analysis of project costs and revenue streams, the Executive Manager, Financial Planning & Deputy Chief Financial Officer, Analysis At Acwa Power ( Hassyan Water Project) ensures that the desalination project meets its financial milestones. This leadership role involves conducting detailed feasibility studies and managing long-term financial projections. By providing critical data-driven insights, Idrees Javed directly impacts the project's ability to secure funding and maintain profitability. The Executive Manager, Financial Planning & Deputy Chief Financial Officer, Analysis At Acwa Power ( Hassyan Water Project) collaborates with the broader finance team to ensure alignment with corporate standards. Through precise financial planning, Javed drives the successful execution of this major water infrastructure initiative, ensuring that the project contributes effectively to the company's overall resource efficiency goals.

    Haseeb Ashraf - Chief Financial Officer, Rumah 1 & Nairyah 1

    Haseeb Ashraf, the Chief Financial Officer, Rumah 1 & Nairyah 1 at acwa, manages the financial operations for the Rumah 1 and Nairyah 1 power assets. Overseeing budget management and financial reporting, the Chief Financial Officer, Rumah 1 & Nairyah 1 ensures that these facilities operate within defined fiscal parameters. This leadership role involves managing project-level debt, tax obligations, and operational expenditures. By maintaining strict financial discipline, Haseeb Ashraf directly impacts the profitability and long-term viability of these power generation assets. The Chief Financial Officer, Rumah 1 & Nairyah 1 coordinates with corporate finance to ensure that local financial activities support the broader organizational strategy. Through continuous monitoring of financial performance, Ashraf drives cost-efficiency initiatives that enhance the economic output of the plants. This executive oversight ensures that the facilities remain reliable and financially sound components of the company's extensive energy infrastructure portfolio, supporting the mission of sustainable utility delivery.

    Ahsen Saeed - Vice President - Chief Financial Officer Central Asia

    Ahsen Saeed, the Vice President - Chief Financial Officer Central Asia at acwa, directs financial strategy and capital management across the Central Asian region. Overseeing the fiscal performance of renewable energy and power generation projects, the Vice President - Chief Financial Officer Central Asia ensures that regional investments deliver expected returns. This leadership role involves navigating complex cross-border financial regulations and managing regional project financing. By optimizing the financial structure of regional assets, Ahsen Saeed directly impacts the company's growth trajectory in Central Asia. The Vice President - Chief Financial Officer Central Asia collaborates with local stakeholders to ensure financial transparency and operational efficiency. Through strategic oversight of regional capital allocation, Saeed drives the successful expansion of the company's footprint in this high-potential market. This executive role ensures that the organization maintains a robust financial position while delivering sustainable energy solutions that support regional economic development and resource efficiency.

    Umut Kaydan - Chief Financial Officer, Country (Turkey & Azerbaijan)

    Umut Kaydan, the Chief Financial Officer, Country (Turkey & Azerbaijan) at acwa, manages the financial operations and strategic planning for the Turkey and Azerbaijan markets. Overseeing fiscal compliance and project financing, the Chief Financial Officer, Country (Turkey & Azerbaijan) ensures that regional utility projects remain financially viable and aligned with corporate objectives. This leadership role involves managing local currency risks, tax planning, and capital expenditure for power generation assets. By implementing effective financial controls, Umut Kaydan directly impacts the profitability of the regional portfolio. The Chief Financial Officer, Country (Turkey & Azerbaijan) coordinates with corporate leadership to ensure that local financial strategies support the broader global mission. Through rigorous analysis of regional market trends, Kaydan drives cost-optimization initiatives that enhance the economic performance of the assets. This executive oversight ensures that the company maintains a strong financial presence in these key markets while delivering reliable and sustainable utility services.

    Harris Chohan - Chief Financial Officer, Project Company

    Harris Chohan, the Chief Financial Officer, Project Company at acwa, directs the financial management of specific project-based entities. Overseeing the lifecycle of project financing, the Chief Financial Officer, Project Company ensures that individual infrastructure developments maintain fiscal health from inception to operation. This leadership role involves managing project budgets, cash flow forecasting, and financial reporting for dedicated project companies. By ensuring financial accuracy and compliance, Harris Chohan directly impacts the success of critical infrastructure initiatives. The Chief Financial Officer, Project Company collaborates with project managers to optimize capital usage and mitigate financial risks. Through meticulous oversight of project-level finances, Chohan drives the efficient deployment of resources, ensuring that each project contributes positively to the company's overall financial performance. This executive role provides the necessary financial rigor to support the development of complex power and water projects, ensuring that the organization meets its commitments to sustainable utility delivery and economic growth.

    Matthew York - Deputy Chief Operating Officer

    Matthew York, the Deputy Chief Operating Officer at acwa, manages the execution of large-scale infrastructure projects and operational workflows. Overseeing technical performance across the global fleet, the Deputy Chief Operating Officer ensures that power generation and water desalination facilities meet strict efficiency benchmarks. This leadership role involves coordinating cross-functional teams to streamline project delivery and mitigate operational risks. By implementing advanced maintenance protocols, Matthew York directly impacts the reliability of utility assets. The Deputy Chief Operating Officer collaborates with regional leads to standardize processes and improve output quality. Through continuous monitoring of plant performance, York drives operational improvements that support the broader corporate mission of sustainable growth. This executive focus on technical precision and process optimization ensures that the company maintains a competitive edge in the global energy sector while delivering consistent, high-quality utility services to diverse international markets.

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    Frequently Asked Questions Regarding ACWA Power Top Executives and Leadership Team

    Who leads ACWA Power?
    ACWA Power is led by Dr. Samir J. Serhan (Chief Executive Officer), along with executives such as Ulugbek Rustambekov (Chief Financial Officer, At Sirdarya Combined Cycle Gas Turbine Plant) and Javed Mustafa (Middle Africa Chief Financial Officer & Vice President (Measea, East, South, East, Asia)).
    Who is part of ACWA Power’s executive team?
    The executive team of ACWA Power includes leaders such as Dr. Samir J. Serhan (Chief Executive Officer), Ulugbek Rustambekov (Chief Financial Officer, At Sirdarya Combined Cycle Gas Turbine Plant), Javed Mustafa (Middle Africa Chief Financial Officer & Vice President (Measea, East, South, East, Asia)) and other senior executives.
    How many executives does ACWA Power have?
    ACWA Power has 10 executives leading key business areas.
    What roles are included in ACWA Power’s leadership team?
    The leadership team of ACWA Power includes roles such as Chief Executive Officer, Chief Financial Officer, At Sirdarya Combined Cycle Gas Turbine Plant, Middle Africa Chief Financial Officer & Vice President (Measea, East, South, East, Asia), Regional Chief Financial Officer, Executive Manager, Financial Planning & Deputy Chief Financial Officer, Analysis At Acwa Power ( Hassyan Water Project).