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Philip de Cnudde is the Chief Risk, Strategy, and Sustainability Officer at ACWA Power, and joined us in June 2021. In addition to taking undivided responsibility for this integrated function at ACWA Power, as a member of the Management Committee, Philip will join the other members of this committee to guide and support the ongoing efforts to achieve excellence in all spheres of the business and operations.

A seasoned practitioner in the industry, Mr. de Cnudde has over 35 years of experience, much of which has been achieved in senior leadership roles with some of the most well-known energy companies across the world. He brings with him a wealth of experience in Executive Leadership and Risk Management and is someone who has consistently championed the sustainability agenda wherever he has worked and has influenced their energy transition and renewable energy development strategies, with an emphasis on growth and enhancement of efficiency.

Prior to joining ACWA Power, Mr. de Cnudde held the position of Managing Director, Global Industrial Hub at Engie in Paris, where he oversaw the functions of 3 departments advising on business development and operational performance. Prior to this role, he served for a period as the CEO of Engie Latam in Chile, where he was responsible for the overall business activities across Latin America and driving the energy transition strategy in the region for the company he was serving.

Mr. de Cnudde will oversee the Risk, Strategy and Sustainability function and will also take responsibility for the CSR function at ACWA Power. Within the domain of championing risk management and overseeing the development of the activities within the agreed risk appetite of the company, he will also be coordinating the Management Investment Committee and ensuring the effectiveness and integrity of the risk oversight and management process.

In the area of sustainability, in addition to championing environmental stewardship, social responsibility and good governance; and guiding and overseeing corporate social responsibility activities, he will also bring together ESG considerations into risk management and strategy at ACWA Power.