Masdar Executive Team
Mohamed Jameel Al Ramahi, Chief Executive Officer
As Chief Executive Officer (CEO), Mohamed Jameel Al Ramahi leads the strategic development of Abu Dhabi Future Energy Company (Masdar), today a leading global commercial enterprise in renewable energy and clean technologies.
A company veteran, he has played an instrumental role in the company’s emergence over the last decade, both as a catalyst for renewable energy in the Arab world and as an early adopter of advanced clean technologies at scale in key international markets.
Joining Masdar as Head of Internal Audit & Compliance in 2008, Al Ramahi established the firm’s enterprise risk management function, before being appointed Director of Corporate Services &
Financial Affairs in March 2011 and then Chief Financial Officer in December 2012.
Al Ramahi served as Chief Operating Officer from 2013 to 2016, driving substantial bottom line growth and operational efficiencies across the organization.
In February 2016, Al Ramahi succeeded Dr Ahmad Belhoul as CEO. His appointment coincided with Masdar’s 10th anniversary and further expansion of the firm’s commercial portfolio, including the ramping up of construction at the flagship sustainable urban community Masdar City in Abu Dhabi, and the award of a number of large-scale renewable energy projects.
Under Al Ramahi’s leadership, a Masdar-led consortium was chosen to develop the 800-megawatt (MW) third phase of the Mohammed Bin Rashid Al Maktoum Solar Park in Dubai in partnership with
Dubai Electricity and Water Authority (DEWA), after quoting a record-low price for solar power of 2.99 US cents per kilowatt-hour.The photovoltaic (PV) project will be the largest solar power plant in terms of electricity output when completed in 2020.
In addition to his role of CEO, Mr Al Ramahi holds a number of prominent board positions. He is the Chairman of the Masdar Investment Committee, and a director of Shua’a Energy 2 PSC, the project vehicle developing Phase 3 of the MBR Solar Park, Emirates Waste to Energy Company, the DFM-listed district cooling company Tabreed, and Medical Holding Company. He is also a director of the Catalyst, a joint venture between Masdar and BP specialising in the acceleration of clean-tech start-ups.
Before joining Masdar, Al Ramahi ran the internal audit and risks management function of Abu Dhabi Gas industries Limited (GASCO). He holds a bachelor’s degree in business administration & finance from the University of Evansville in the United States.
Niall Hannigan, Chief Financial Officer
In his capacity as Chief Financial Officer of Masdar, Abu Dhabi’s renewable energy company, Niall Hannigan brings to the CFO role more than 30 years’ experience in accounting, auditing, financial management, risk management, business and financial strategy, financing, commercial negotiation and business development. He is a qualified chartered accountant and a fellow of the Institute of Chartered Accountants in Ireland.
Having worked in Asia, Australia, Europe, the Middle East and North Africa and on the Indian subcontinent, Mr Hannigan has strong international and multicultural experience, and thrives on working in diverse geographies and marketplaces.
He is a business-focused finance executive with a strategic mindset and a commercial outlook, having developed his skills across a variety of sectors, including renewable energy, real-estate development and services, asset management, and manufacturing sales and distribution.
Prior to joining Masdar, Mr. Hannigan served as CFO for Zabeel Properties from 2008 to 2010 and was responsible for advising the board on the medium to long-term development strategy, including asset positioning, funding, development phasing, optimal development mix (across asset classes and income streams), and asset disposition strategies. He also directed business development, risk management and commercial asset management activities, while heading key commercial and financial negotiations on behalf of the company.
Mr. Hannigan was the regional CFO for Emaar Properties from 2005 to 2008. He managed the financial and risk management of the company’s international real-estate development operations throughout the Middle East and North Africa region.
In addition to his role in Masdar, Mr Hannigan serves on several Masdar-related boards, including Masdar Energy UK Limited; Masdar Offshore Wind UK Limited; Masdar Offshore Wind Scotland Limited; Masdar Energy B.V. (MEBV) Holland; Masdar Solar & Wind Cooperatief U.A. (MSWC) Holland; Jordan Wind Project Company PSC (Tafila); Baynouna Solar Energy Company (BSEC) Jordan, and Tesla Wind (WEBG), Serbia, Krnovo Green Energy D.O.O (KGE) Montenegro; Emirates Solar Power Company LLC; Masdar City Services LLC; Masdar Energy Holding LLC; Masdar Energy Limited; and Masdar Holding LLC.
Abdulla Ahmed Balalaa, Executive Director, Sustainable Real Estate, Masdar
Abdulla Balalaa is a seasoned commercial Executive Director, urban planner, and civil engineer. He has extensive experience in developing profitable strategies to accelerate the commercialization and development of partnerships in largescale projects. This included sustainable urban developments, some of which required creative bespoke solutions, as well as asset monetization and optimizing financial operations.
As the Executive Director of Sustainable Real Estate at Masdar, he is spearheading its flagship project - Masdar City, Abu Dhabi’s distinguished sustainable urban development. Abdulla oversees the development and operation of the City by driving its strategy for sustainable growth, as well as its initiatives, partnerships, and R&D clusters. Abdulla led the successful establishment of the first sustainable green REIT in the MENA region, with an initial asset investment of AED 1 Billion which will enable Masdar City to raise investment capital more efficiently.
Previously, he served as the Director of Real Estate Development and Asset Management in the Sustainable Real Estate Division at Masdar, where he was responsible for formulating and executing strategies to establish Masdar City as a global R&D hub.
Prior to Masdar, Abdulla was the Commercial Director at Etihad Rail where he oversaw commercial directorate administrative activities. He represented the UAE as member of the GCC rail committee and was instrumental in finalizing the GCC rail alignments, along with unifying customs policies and railway project specifications.
Before joining Etihad Rail, Abdulla was Planning Department Manager for the Abu Dhabi Urban Planning Council, where he managed Sustainable Urban Developments portfolio consisting of mega strategic projects by applying, enforcing and implementing government policies through planning & development review process.
Abdulla also serves on several Board of Directors including Ennovate LLC, Masdar EDF ESCO JV, and Emerge Limited. He holds an Executive Education degree in Business Administration from Harvard Business School, a Master’s Degree in Urban and Regional Planning from Paris Sorbonne University, a Leadership Excellence Applied Diploma (LEAD) co-validated by the University of Cambridge Abu Dhabi, and a Bachelor’s Degree in applied science Civil Engineering from the Higher Colleges of Technology in Abu Dhabi.
Fawaz Hadi Salem Ali Al Muharrami, Acting Executive Director, Clean Energy, Masdar
Fawaz Hadi Salem Ali Al Muharrami is Acting Executive Director for Masdar’s Clean Energy division, where he is responsible for steering and guiding teams to achieve performance excellence in investment, greenfield development, bidding, mergers & acquisitions, asset management and operations for large-scale renewable energy projects locally and globally. He also oversees Masdar’s Energy Services activities, and its growing portfolio of energy efficiency projects and off-grid renewable energy projects.
Mr. Al Muharrami was previously the Director, Delivery, Bids and Supply Chain for Clean Energy. Mr. Al Muharrami joined Masdar in 2009 as an engineering manager at Hydrogen Power Abu Dhabi, and subsequently managed delivery of the Port Victoria Wind Power Project, a 6 MW wind farm in the Seychelles launched in June 2013. Additionally, he was involved in securing the 117 MW Tafila wind farm in Jordan, and a 50 MW wind farm in the Sultanate of Oman, the first large-scale wind farm in the GCC. He later served as the Executive Managing Director of the third phase of the Mohammed bin Rashid Al Maktoum Solar Park, an 800 MW project won by a Masdar-led consortium that set a new world record for the lowest solar tariff in June 2016 and delivered the project successfully in 2020.
Mr. Al Muharrami also serves as a board member for the Dumat Al Jandal 400 MW wind project in the Kingdom of Saudi Arabia, the Sharjah Waste to Energy project and the MBR Phase III project. He also served on a number of advisory committees for projects like the 402 MW Dudgeon offshore wind farm in the UK and the ESI Carbon Capture project in Abu Dhabi.
Before joining Masdar, Mr. Al Muharrami worked for nine years in the oil and gas industry, including being project leader at the Abu Dhabi Marine Operating Company (ADMA-OPCO). He also served as senior process engineer in the National Petroleum Construction Company (NPCC), and worked on numerous projects for clients such as the Abu Dhabi Company for Onshore Oil Operations (ADCO), Oil and Natural Gas Corporation Limited (ONGCL) of India and Iran Oil Company (IOC), among others.
Mr. Al Muharrami holds a bachelor’s degree in Engineering Management from the Higher Colleges of Technology, Abu Dhabi, where he earned the distinction with highest honor. He also holds a Higher Diploma in Chemical Engineering with distinction.
Yousef Ahmed Baselaib, Executive Director, Strategy & Corporate Development
Yousef Ahmed Baselaib is the Executive Director of Masdar’s Strategy & Corporate Development division, where he oversees the strategic direction of Masdar, ensures the continuity and safety of business operations and helps to manage the company’s asset portfolio.
Baselaib was previously Executive Director for Masdar’s Sustainable Real Estate division, and was responsible for the development of its flagship project and sustainable urban community, Masdar City, during its busiest period of growth.
He also served as Senior Advisor to the CEO of Masdar, advising on the company’s strategic alignment with its mandate to support the economic diversification of Abu Dhabi and the UAE. Prior to that, he was seconded from Masdar to the UAE-Egypt Task Force (ETF), where he worked with the UAE Minister of Industry and Advanced Technology HE Dr Sultan Ahmed Al Jaber to execute numerous development and infrastructure projects in the country.
Before joining Masdar in 2008, Baselaib was a senior manager with Dubai Properties. Earlier, he was Head of Registration at Abu Dhabi Gas Industries Ltd (GASCO). He has a Bachelor’s degree in Business Administration from the Higher Colleges of Technology in Dubai.
Ahmed Baghoum, Executive Director, Human Capital & Services
Ahmed Baghoum is the Executive Director of Human Capital & Services. He has overall responsibility for talent acquisition and development at Masdar and optimising its UAE national workforce. He also leads the company’s corporate services activities.
Mr. Baghoum was previously Director of the City Zone at Masdar City, with a focus on improving the customer experience. He also oversaw the Special Economic Zone functions within Masdar City including registration, licensing and permitting.
Before joining Masdar City, Mr. Baghoum was Executive Director – Customer Operations for the Dubai Technology & Media Free Zone Authority, which includes Dubai Internet City, Dubai Media City and Dubai Knowledge Village. His role was to provide leadership to the client interface and support departments functioning under the Customer Operations Division, ensuring that they were industry leaders in production efficiency, quality, service and cost-effective management of resources. Thereby promoting revenue enhancement, profitability and growth in the organization. He also led the reengineering of the Government Service Operations Department, where he helped develop and implement new concepts within the online services and devised innovative value-added services by creating new partnerships and alliances with key government entities.
Mr. Baghoum holds an MBA from Texas Tech University. He also holds a Masters Certificate in Project Management and Management Concepts from Regis University in the United States.
Dr Lamya Nawaf Fawwaz, Executive Director, Brand & Strategic Initiatives
Dr. Lamya Nawaf Fawwaz is the Executive Director of Brand and Strategic Initiatives at Masdar. She is responsible for leading the company’s communication and branding strategies and implementing an effective stakeholder engagement strategy to build, strengthen and maintain relationships with key stakeholders to advance the organisation’s business and corporate social responsibility goals.
In her current role, Dr. Fawwaz serves as director of the Zayed Sustainability Prize, an annual award that accelerates the development of sustainable solutions that promote prosperity across the world; leads Abu Dhabi Sustainability Week, one of the world’s largest sustainability gatherings; serves as program director of the UAE-led Women in Sustainability, Environment and Renewable Energy (WiSER) initiative, which aims to encourage more women to be involved in innovative solutions to the world’s energy and climate challenges; and oversees Masdar’s youth outreach initiatives, which aim to inspire and empower the next generation of sustainability leaders.
Prior to joining Masdar, Dr. Fawwaz was the Vice President of Institutional Advancement and Public Affairs at the Masdar Institute of Science and Technology, the world’s first graduate level university dedicated to advanced energy and sustainable technologies.
Dr. Fawwaz graduated from the George Washington University with a Doctorate in higher education administration and a Master’s degree in Information System Technology.