Al Mubarak named ENEC chairman
Sheikh Mohamed bin Zayed Al Nahyan appoints Mubadala CEO in reshuffle.
Khaldoon Khalifa Al Mubarak has been named new chairman of Emirates Nuclear Energy Corporation (ENEC) in a board reshuffle by Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi.
The new board of directors includes Sheikha Lubna bint Khalid Al Qasimi, Minister of Development and International Co-operation, Mohammed A. Sahoo Al Suwaidi, of Abu Dhabi National Oil Company (ADNOC), Saeed Fadhel Al Mazrouei, of Emirates Aluminium (EMAL), Engineer Owaidha Murshid Ali Al Marar of Abu Dhabi General Services Company (Musanada), Mohammed Hamdan Al Falahi, and David V. Scott of the Executive Affairs Authority of Abu Dhabi (EAA).
Under the resolution membership of the board is for an initial three years but is renewable.
Al Mubarak holds a number of high profile roles in Abu Dhabi including chairman of the Abu Dhabi Executive Affairs Authority, which provides strategic policy advice to the Chairman of the Abu Dhabi Executive Council, of which he is also a member.
He is also Chief Executive Officer (CEO) and managing director of Mubadala Development Company while overseas he is best known as Chairman of Manchester City Football Club, which is owned by the royal family of Abu Dhabi.
ENEC and a Korean consortium are developing a $30bn, four reactor nuclear power plant at Barakah in Abu Dhabi.
Construction of the first two reactors has already begun with the first reactor due to come online in 2017. All four are scheduled to be operational by 2020.