Executive Vice President, Commercial
Skills
About This Role
Overview
The Executive Vice President, Commercial will lead the organisation s commercial function, taking ownership of major customer relationships, tariff strategy, contract negotiation, and the development of trading and bilateral commercial arrangements across the power and water value chain.
This is a senior leadership role with responsibility for both protecting and optimising major revenue streams, while also helping shape the future commercial model of a highly strategic utility business.
The role requires a blend of customer leadership, negotiation expertise, regulatory understanding, commercial analysis, and market development capability.
Reporting Line
This role reports to the Chief Strategy & Growth Officer.
Team Leadership
- The EVP, Commercial will directly oversee senior leaders across:
- Trading
- Commercial Tariffs
- Commercial Projects
• Commercial Structuring & Analysis
The role also carries indirect leadership responsibility for the broader commercial team.
Financial Scope
The position oversees multiple multi-billion-dirham contractual arrangements and tariff-related commercial activity across the bulk supply of electricity and water.
Commercial Leadership and Customer Management
- Lead the planning and execution of customer management activities in alignment with the organisation s broader strategy and growth agenda.
- Manage existing and new relationships with major power and water customers, acting as the central point of contact for commercial engagement.
- Oversee relationships with non-regulated and strategic counterparties across the United Arab Emirates and wider Gulf Cooperation Council (GCC).
- Lead negotiations on price, contract type, commercial structure, and deal implementation in close coordination with legal and finance stakeholders.
- Manage the negotiation and implementation of electricity and water sales agreements for major industrial and non-embedded customers.
- Build effective feedback loops with planning and project development teams to inform the structuring and negotiation of long-term customer agreements.
- Coordinate with finance to support timely payment flows and strong commercial governance.
Tariffs and Commercial Structuring
- Oversee the development, calculation, and approval process for bulk supply tariffs and related pricing mechanisms.
- Manage methodologies and timetables for tariff calculation in line with regulatory requirements.
- Ensure accurate calculation of fuel surcharge adjustments based on actual versus forecast consumption.
- Oversee the calculation and validation of bulk tariffs, industrial tariffs, and other customer pricing structures.
- Review and challenge tariff outputs in partnership with finance and relevant internal stakeholders before communication to customers.
- Validate tariffs applicable to retail customers under relevant electricity and water agreements.
- Monitor and report on variances between power and water purchase costs and bulk tariff revenues, feeding insight back into long-term capacity and least-cost planning.
Trading and Market Development
- Lead the development of the energy trading market and oversee the evaluation and agreement of bilateral trades.
- Drive exchange synergies with other utilities and sector participants across the United Arab Emirates.
- Build commercial cooperation frameworks that enable profitable short-term trading arrangements both domestically and regionally.
- Oversee the calculation of trading prices in line with business and market requirements.
- Negotiate and establish commercial frameworks for interconnections and cross-emirate trading arrangements.
Customer Experience and Operational Excellence
- Oversee all customer management channels and ensure robust mechanisms are in place for handling requests, complaints, and queries.
- Lead the development and maintenance of a strong customer database and account management approach.
- Monitor customer satisfaction and advocacy levels, identifying areas for improvement.
- Provide leadership, feedback, and performance support to strengthen team capability and departmental effectiveness.
- Drive continuous improvement in line with international best practice and evolving business needs.
- Ensure the timely preparation of accurate reports in line with internal standards and governance requirements.
- Ensure compliance with health, safety, security, and environmental standards, while promoting values such as sustainability, integrity, collaboration, and innovation.
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