TAQA Arabia has completed the renewal of its board of directors for a three-year term ending in March 2029, reaffirming key leadership roles and shareholder representation.
The general assembly confirmed Pakinam Kafafi as Chief Executive Officer of Silverstone Capital Investment, thereby continuing her leadership of the company’s operations.
At the board level, two women hold prominent positions:
- Hala Abdelhamid Abu Bakr, representing Silverstone Capital Investment, and
- Ghada Abdelhadi Kandil, serving as an independent board member with expertise in governance and economic strategy.
The decisions were approved during the company’s ordinary general assembly, as part of a broader reshaping of governance and leadership at one of Egypt’s largest private energy distribution firms.
Executive Role Consolidated
Kafafi’s appointment formalizes her position as the company’s top executive, where she will oversee operations and strategy execution. She represents a key shareholder bloc, reflecting a governance model that ties executive leadership closely to investor representation.
Her mandate comes at a time when TAQA Arabia is expanding its footprint across gas distribution, power, and energy infrastructure, sectors that are seeing increased demand and regulatory evolution in Egypt.
Board Composition Expands Expertise
Among the newly elected board members, Kandil’s inclusion stands out for bringing a policy and economic development perspective into the company’s governance framework.
Her background is expected to support board deliberations on long-term growth, particularly as energy companies face rising expectations around sustainability, efficiency, and alignment with national economic priorities.
Three-Year Mandate Approved
Shareholders approved the full board slate for a three-year cycle, maintaining a mix of institutional representatives and independent expertise. The structure reflects TAQA Arabia’s effort to balance strategic oversight with operational alignment.
The reappointment of leadership alongside new additions signals continuity in direction while introducing new perspectives at the board level.
Leadership Changes
The leadership changes come as Egypt’s energy sector continues to evolve, with increasing focus on infrastructure investment, private sector participation, and long-term sustainability goals.
For TAQA Arabia, the combination of a newly structured board and executive leadership is expected to support its next phase of growth, as it navigates both expansion opportunities and shifting market dynamics.
