CEO of TAQA Arabia
Mrs. Pakinam Kafafi is an energy expert who has been operating with TAQA Arabia since 2006. She is taking pride in having an exceptional 24 years of track record of accomplishment advancing to leading Egypt’s largest home grown private sector Energy Distribution Company. As TAQA CEO, Mrs. Kafafi undertakes managing the strategic policies of TAQA Arabia, through an amalgamated leadership ability, influencing skills and in-depth energy industry expertise to deliver on the group’s targets, objectives, and profit uplift amidst aggressive economical and market challenges.
Taqa Arabia’s grew under Mrs. Kafafi’s management installing in the Power Sector a capacity of over 1,000 MW. Also, establishing 54 fuel stations (including 7 CNG stations) connecting more than 1 million household gas customers through a distribution network in 8 governorates in Egypt.
Moreover, under her leadership , performance had excelled and increased by 15% sold electricity, gas residential customers by 43% and oil station by 40% in the year 2014/2017 along with the MDs to grow its turnover from EGP 1.8 billion in 2014 to EGP 4.14 billion in 2017.
The social responsibility dimension was not absent from the plans of TAQA Arabia under the management of Mrs. Kafafi as the company has been committed to community endeavors as part of its corporate social responsibility program, the company upheld this tradition by contributing to Habitat for Humanity Egypt through a fruitful American Chamber of Commerce fundraising event. The main goal of Habitat’s work in Egypt is to build and renovate homes for 10% of Egypt’s impoverished citizens by 2023. To this day, the foundation has successfully built more than 20,000 homes for over 100,000 people who would otherwise find themselves homeless.
TAQA Arabia’s helping hand doesn’t stop there. It also contributed to Dar Al Orman foundation; an organization that improves living conditions and development in villages struggling with poverty issues. It also continues to provide gas to mosques and churches and residential customers at a reduced price and sometimes completely free of charge. In addition, the company has also funded the building and equipping of an eye clinic in Suez that provides constant medical care to the entire community as a means of boosting the public health initiative.
The employees of Taqa Arabia under Mrs. Kafafi have also been highly evaluated and cared for. The company has been working to safeguard the health of its valuable employees and customers while minimizing the effect of its activities on the environment. The company’s QHSE departments ensure the utmost compliance with health, safety and environmental standards while maintaining the company’s view of achieving a zero percent rate of defective operations, accidents and zero environmental hostility.
Despite a challenging and ever-changing investment climate, the company has not laid off in 2011 any of its employees, who hit 3,400 in number. On the contrary, it focused on training programs in effective crisis management and related fields and continued to uphold its commitment to technical training across each of its business arms.
It’s worth mentioning that prior to joining TAQA Arabia, Mrs. Kafafi built her career at EFG‐Hermes, where she rose to the position of vice president of EFG‐Hermes Investment Banking. She had successful accomplished many privatizations and acquisitions in Egypt at that time then she joined GENCO in 2003 were she held the position of Strategy and Investment General Manager at Gas & Energy Group (Genco), after moving to TAQA when Genco was acquired in 2006.
In 2016, Mrs. Kafafi was chosen to be one of the Top Fifty Women performing in Egypt. She is also a long standing member in the American Chamber of Commerce and the British Egyptian Business Association (BEBA).