acwa Executive and Leadership Team

July, 2026

Leadership Overview

ACWA Power has 10 executives leading key functions including strategy, finance, and regional operations.

Driven by sustainable development, acwa is dedicated to delivering integrated and sustainable utilities that support economic growth, resource efficiency, and long-term environmental stewardship across diverse international markets.

Leadership Roles at acwa

  • Chief Executive Officer - Dr. Samir J. Serhan
  • Chief Financial Officer, Project Companies - Syed Younus
  • Regional Chief Financial Officer - Nadeem Rizvi
  • Chief Financial Officer, At Sirdarya Combined Cycle Gas Turbine Plant - Ulugbek Rustambekov
  • Director, Finance & Chief Financial Officer, Cluster - Zaigham Shah
  • Chief Financial Officer, Country (Jordan) - Faheem Asghar
  • Director - Finance - Special Project Cluster Chief Financial Officer - Mohammed Al-Noaisr
  • Director, Finance & Chief Financial Officer, Cluster In Acwa Power (Dubai Renewables Cluster) - Zakir Hossain
  • Middle Africa Chief Financial Officer & Vice President (Measea, East, South, East, Asia) - Javed Mustafa
  • Chief Financial Officer, Country - Emad Elsafty
  • Dr. Samir J. Serhan - Chief Executive Officer

    Dr. Samir J. Serhan, the Chief Executive Officer at acwa, directs the company's overarching strategy and global operations. Serhan guides ACWA Power's expansion into new markets and oversees the development of integrated and sustainable utility solutions. This leadership role involves driving innovation in power generation, renewable energy, and water desalination. By ensuring alignment with the company's mission, Dr. Samir J. Serhan directly impacts ACWA Power's commitment to resource efficiency and economic growth across diverse international markets. The Chief Executive Officer's focus remains on executing the company's vision for long-term environmental stewardship and market leadership. This executive ensures all strategic initiatives contribute to ACWA Power's sustainable development goals.
    Dr. Samir J. Serhan

    Syed Younus - Chief Financial Officer, Project Companies

    Syed Younus, the Chief Financial Officer, Project Companies at acwa, manages the financial health and strategic investment for ACWA Power's diverse project portfolio. Younus oversees financial planning, budgeting, and capital allocation across numerous power generation and renewable energy ventures. This critical role involves ensuring robust financial controls and optimizing profitability for each project company. By meticulously analyzing financial performance, Syed Younus directly supports ACWA Power's objective of delivering sustainable utilities. The Chief Financial Officer, Project Companies' responsibilities extend to managing relationships with financial institutions and investors, securing necessary funding for ongoing and future developments. Younus's expertise is vital for maintaining ACWA Power's financial stability and driving its growth in water desalination and emerging solutions.

    Nadeem Rizvi - Regional Chief Financial Officer

    Nadeem Rizvi, the Regional Chief Financial Officer at acwa, oversees financial operations and strategic fiscal management across specific geographic regions for ACWA Power. Rizvi directs financial planning, reporting, and compliance within designated market territories, ensuring alignment with the company's global financial objectives. This position requires a deep understanding of regional market dynamics and regulatory environments to optimize financial performance. By implementing effective financial strategies, Nadeem Rizvi directly contributes to ACWA Power's expansion and operational efficiency in power generation and renewable energy sectors. The Regional Chief Financial Officer's focus includes managing regional budgets, analyzing investment opportunities, and mitigating financial risks. Rizvi's leadership ensures sustainable financial practices across ACWA Power's international operations.

    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, directs the financial strategy and operational fiscal management for the Sirdarya Combined Cycle Gas Turbine Plant. Rustambekov oversees all financial activities, including budgeting, forecasting, and financial reporting specific to this major power generation asset. This role is crucial for ensuring the plant's profitability and efficient resource utilization. By maintaining stringent financial controls and optimizing operational expenditures, Ulugbek Rustambekov directly supports ACWA Power's commitment to delivering reliable and sustainable energy solutions. The Chief Financial Officer's responsibilities encompass managing financial risks, ensuring compliance with local regulations, and supporting strategic decision-making for the plant. Rustambekov's financial acumen is essential for the plant's long-term success and contribution to ACWA Power's portfolio.

    Zaigham Shah - Director, Finance & Chief Financial Officer, Cluster

    Zaigham Shah, the Director, Finance & Chief Financial Officer, Cluster at acwa, leads financial management and strategic oversight for a specific cluster of ACWA Power projects. Shah directs financial planning, analysis, and reporting for multiple power generation and renewable energy assets within the assigned cluster. This position demands expertise in optimizing financial performance and ensuring fiscal discipline across diverse operations. By implementing robust financial controls and driving cost efficiencies, Zaigham Shah directly contributes to ACWA Power's sustainable development goals and market expansion. The Director, Finance & Chief Financial Officer, Cluster's responsibilities include managing budgets, evaluating investment opportunities, and ensuring compliance with financial regulations. Shah's financial leadership is integral to the cluster's profitability and ACWA Power's overall operational integrity.
    Zaigham Shah

    Faheem Asghar - Chief Financial Officer, Country (Jordan)

    Faheem Asghar, the Chief Financial Officer, Country (Jordan) at acwa, directs the financial strategy and operational fiscal management for ACWA Power's operations within Jordan. Asghar oversees all financial activities, including budgeting, forecasting, and financial reporting specific to the country's projects, focusing on power generation and renewable energy initiatives. This role is critical for ensuring the financial viability and strategic growth of ACWA Power's presence in Jordan. By maintaining stringent financial controls and optimizing operational expenditures, Faheem Asghar directly supports ACWA Power's commitment to delivering sustainable utilities and contributing to the nation's economic development. The Chief Financial Officer's responsibilities encompass managing financial risks, ensuring compliance with local regulations, and supporting strategic decision-making for Jordan's operations. Asghar's financial expertise is essential for ACWA Power's success in the Jordanian market.

    Mohammed Al-Noaisr - Director - Finance - Special Project Cluster Chief Financial Officer

    Mohammed Al-Noaisr, the Director - Finance - Special Project Cluster Chief Financial Officer at acwa, leads financial strategy and oversight for ACWA Power's special project clusters. Al-Noaisr directs financial planning, analysis, and reporting for unique and complex projects, ensuring fiscal responsibility and strategic alignment. This position requires a nuanced approach to managing the financial intricacies of specialized infrastructure developments, including emerging solutions like green hydrogen. By implementing rigorous financial controls and optimizing resource allocation, Mohammed Al-Noaisr directly supports ACWA Power's mission of delivering integrated and sustainable utilities. The Director - Finance - Special Project Cluster Chief Financial Officer's responsibilities include financial risk assessment, investment evaluation, and ensuring compliance within these distinct project frameworks. Al-Noaisr's financial leadership is vital for the successful execution of ACWA Power's innovative ventures.

    Zakir Hossain - Director, Finance & Chief Financial Officer, Cluster In Acwa Power (Dubai Renewables Cluster)

    Zakir Hossain, the Director, Finance & Chief Financial Officer, Cluster In Acwa Power (Dubai Renewables Cluster) at acwa, directs financial management and strategic fiscal oversight for the Dubai Renewables Cluster. Hossain oversees financial planning, budgeting, and reporting for ACWA Power's renewable energy projects within this specific cluster, ensuring optimal financial performance and resource allocation. This role is critical for driving the financial success and sustainability of the cluster's operations. By implementing robust financial controls and identifying cost-saving opportunities, Zakir Hossain directly contributes to ACWA Power's commitment to renewable energy expansion and environmental stewardship. The Director, Finance & Chief Financial Officer, Cluster's responsibilities include managing financial risks, supporting investment decisions, and ensuring compliance with regional financial regulations. Hossain's financial leadership is integral to the cluster's growth and ACWA Power's clean energy objectives.
    Zakir Hossain

    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, leads financial strategy and operational oversight across extensive regions encompassing the Middle East, Africa, East, South, and East Asia for ACWA Power. Mustafa directs financial planning, investment analysis, and fiscal management for a vast portfolio of power generation, renewable energy, and water desalination projects. This expansive role requires navigating diverse market conditions and regulatory landscapes to ensure financial viability and growth. By implementing strategic financial frameworks and optimizing capital deployment, Javed Mustafa directly supports ACWA Power's global expansion and commitment to sustainable utility delivery. The Middle Africa Chief Financial Officer & Vice President's responsibilities include managing significant financial risks, fostering investor relations, and ensuring compliance across multiple international jurisdictions. Mustafa's financial leadership is crucial for ACWA Power's sustained development in these key global markets.

    Emad Elsafty - Chief Financial Officer, Country

    Emad Elsafty, the Chief Financial Officer, Country at acwa, directs the financial strategy and operational fiscal management for ACWA Power's operations within a specific country. Elsafty oversees all financial activities, including budgeting, forecasting, and financial reporting, ensuring the profitability and sustainability of the country's power generation and renewable energy projects. This role is vital for maintaining financial discipline and supporting strategic growth initiatives within the designated national market. By implementing stringent financial controls and optimizing resource allocation, Emad Elsafty directly contributes to ACWA Power's mission of delivering integrated and sustainable utilities. The Chief Financial Officer, Country's responsibilities encompass managing financial risks, ensuring compliance with local regulations, and providing critical financial insights for decision-making. Elsafty's financial expertise is essential for ACWA Power's successful operations and expansion within the country.

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    Frequently Asked Questions Regarding acwa Top Executives and Leadership Team

    Who leads acwa?
    acwa is led by Dr. Samir J. Serhan (Chief Executive Officer), along with executives such as Syed Younus (Chief Financial Officer, Project Companies) and Nadeem Rizvi (Regional Chief Financial Officer).
    Who is part of acwa’s executive team?
    The executive team of acwa includes leaders such as Dr. Samir J. Serhan (Chief Executive Officer), Syed Younus (Chief Financial Officer, Project Companies), Nadeem Rizvi (Regional Chief Financial Officer) and other senior executives.
    How many executives does acwa have?
    acwa has 10 executives leading key business areas.
    What roles are included in acwa’s leadership team?
    The leadership team of acwa includes roles such as Chief Executive Officer, Chief Financial Officer, Project Companies, Regional Chief Financial Officer, Chief Financial Officer, At Sirdarya Combined Cycle Gas Turbine Plant, Director, Finance & Chief Financial Officer, Cluster.