PARIS, 08-Jun-2016 — /EuropaWire/ — Sébastien Arbola is appointed CEO of ENGIE Middle East, South & Central Asia and Turkey (MESCAT) Business Unit (BU), effective in September 2016, taking over from Guy Richelle, who assumed these responsibilities on an interim basis, in addition to his role as ENGIE Business Development Oversight Director.
Sébastien Arbola is a graduate of Ecole Supérieure de Commerce de Paris. He has worked in the Group since 2006, starting with SUEZ as a Senior Finance officer in the Merger and Acquisitions (M&A) team in Paris where he was in particular in charge of the SUEZ – Gaz de France merger execution team. In 2009, he joined the GDF SUEZ Finance department as Head of M&A, responsible for coordinating with APE (French state agency), managing M&A banks and managing transforming assets rotation plan and operations among which the merger between GDF SUEZ International and International Power. In 2012, he became M&A Group director for GDF SUEZ. Since 2013, he has been CFO and Senior Vice President of SUEZ Environnement Asia, in charge of Finance, Tax, Legal, Internal Control, IT & Procurement for the BU.
In the region covered by the MESCAT BU, ENGIE is today present in 9 countries: Saudi Arabia, Bahrain, United Arab Emirates (UAE), Oman, Qatar, Kuwait, India, Pakistan and Turkey. ENGIE’s activities range from large scale power generation and water desalination (30 GW and 5.5 million m3 water per day1 in operation and under construction), gas retail & distribution (over 300,000 customers in Turkey), LNG import and Facility Management services for B2B customers (UAE and Qatar).
1 Figures at 100%.
ENGIE develops its businesses (power, natural gas, energy services) around a model based on responsible growth to take on the major challenges of energy’s transition to a low-carbon economy: access to sustainable energy, climate-change mitigation and adaptation and the rational use of resources. The Group provides individuals, cities and businesses with highly efficient and innovative solutions largely based on its expertise in four key sectors: renewable energy, energy efficiency, liquefied natural gas and digital technology. ENGIE employs 154,950 people worldwide and achieved revenues of €69.9 billion in 2015. The Group is listed on the Paris and Brussels stock exchanges (ENGI) and is represented in the main international indices: CAC 40, BEL 20, DJ Euro Stoxx 50, Euronext 100, FTSE Eurotop 100, MSCI Europe, DJSI World, DJSI Europe and Euronext Vigeo (Eurozone 120, Europe 120 and France 20).
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