Abu Dhabi's ADNOC Gas names Fatema Al-Nuaimi as its new CEO

ADNOC Gas in Abu Dhabi announced on Tuesday the appointment of Fatema al Nuaimi to its CEO position, with effect from January 1, after Ahmed Alebri decided to step down following nearly two years as the leader.

In a press release, the company stated that Al Nuaimi would lead the delivery ADNOC Gas’ ambitious business strategy, which is focused on decarbonization and future-proofing. Alebri, meanwhile, will be the CEO of ADNOC Sour Gas as of next month.

Al Nuaimi is the executive vice president of downstream business management at ADNOC. He was previously ADNOC LNG CEO from 2022 to now and worked on ADNOC’s gas masterplan.

ADNOC’s gas unit will be operational by 2023, as the state-backed company consolidates its LNG, industrial gas and gas processing operations into one entity.

ADNOC Gas listed on the Abu Dhabi Stock Exchange in 2010, raising $2.5 billion, making it one of the largest IPOs to have taken place in the region. The parent company was said to be considering selling an additional 3%-5% of the business. Reporting by Federico Maccioni, Editing by Sherry Phillips and Varun K.

(source: Reuters)