Tabreed gets Adrian Kershaw as new finance boss
Company appoints new CFO following pivotal recapitalisation plan
National Central Cooling Company, better known as Tabreed, the UAE's district cooling company, has announced that Adrian Kershaw has been appointed Chief Financial Officer, effective as of 1st May, 2011.
Kershaw was formerly Tabreed’s Financial Director and joined the Company in June 2010. He replaces Steve Ridlington who was instrumental in leading the Company through its successful recapitalization program.
“On behalf of the Board of Directors I want to acknowledge Steve’s role at Tabreed’s over the past two years," said Khaled Al Qubaisi, Tabreed’s Managing Director. "He has been a valued adviser, leading the Company through its recapitalization program, and he leaves behind an invaluable legacy. Everyone connected with Tabreed is indebted to him, and on behalf of them, I would like to thank Steve and wish him well for the future."
“As Tabreed’s Finance Director, Adrian is well-versed with the Company’s financial management and his new role is a natural progression of his responsibilities. Over the past year, he has played an active role in the Company’s recapitalization program and in establishing a best-in-class financial reporting framework at Tabreed.”
Steve Ridlington, Tabreed’s outgoing CFO, added: “It has been a pleasure working at Tabreed during a pivotal time in the Company’s history. With the recapitalization program successfully completed, the Company has the foundations in place for future growth. Adrian’s industry and sector expertise combined with his broad-ranging financial and compliance experience will be instrumental as the Company focuses on its long-term growth objectives.”