Mubadala Petroleum announced today that Mussabeh Al Kaabi, the company’s current Chief Growth Officer, will succeed Maurizio La Noce as Chief Executive Officer (CEO).
Al Kaabi joined Mubadala Petroleum in 2013 from ADNOC, where during his 16-year career led the company’s exploration activity and played a key role in the joint ventures established in Abu Dhabi.
Dr. Sultan bin Ahmed Al Jaber, Minister of State, CEO of Energy Sector at Mubadala said, “Mubadala has shown Al Kaabi has all the necessary capabilities to lead Mubadala Petroleum into the future. The company is expanding its footprint through a portfolio of growth projects and world class-class partnerships across the Eastern Hemisphere.” He added that “We are pleased about the appointment of Al Kaabi”, adding that the move comes in line with the directives of leadership to empower young Emirati leaders, being core of the comprehensive development.
Source : WAM News Agency for United Arab Emirates
