Paddy Padmanathan steps down as ACWA Power CEO after 18 years

RIYADH: ACWA Power’s CEO Suntharesan 'Paddy' Padmanathan resigned on Monday, reported the Saudi Stock Exchange. The board accepted Padmanathan’s resignation, and welcomed Marco Arcelli, an energy leader with over 30 years of experience, as the new CEO, revealed ACWA Power. Arcelli was previously chairman at Europe’s seventh largest electricity producer Ep New Energy, and had

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