Siemens Energy has announced the appointment of Samir Bouabba as the new Subregion Managing Director for North Africa and Country Managing Director for Algeria.
Bouabba, with extensive experience in the energy sector, will spearhead Siemens Energy’s operations across the region, driving its mission for sustainable and resilient energy solutions.
Bouabba’s leadership is expected to strengthen Siemens Energy’s regional presence and explore new growth opportunities as the company continues to deliver innovative energy technologies.
Prior to joining Siemens Energy, Bouabba led energy transition efforts as Value Stream Leader at Cevital SPA, where he was responsible for overseeing six factories and spearheading energy efficiency initiatives. He also held executive roles at General Electric Algeria Turbines, where he contributed significantly to strategic energy projects across Algeria.
Dietmar Siersdorfer, CEO Middle East & Africa at Siemens Energy said in a LinkedIn post: “I am excited to announce the appointment of Samir BOUABBA as the new Subregion Managing Director for North Africa and Country Managing Director for Algeria at Siemens Energy. With deep expertise in the energy sector across North Africa, Samir is well-equipped to drive our efforts toward a more sustainable and resilient energy future. His proven leadership in fostering growth and leading diverse teams will be instrumental as we continue to deliver innovative energy solutions and unlock new opportunities in the region.”
Before joining Cevital, Samir Bouabba briefly served as Executive Manager at GE Vernova in late 2023, where he played a key role in advancing strategic energy initiatives. His leadership at GE Vernova further bolstered his expertise in driving critical energy projects.
Prior to this, Bouabba spent over eight years at General Electric Algeria Turbines, where he held prominent positions, including Chairman & CEO and Executive General Manager. During his tenure, he led significant energy projects across Algeria, implementing effective organizational strategies and robust financial governance that contributed to the company’s success.
From 2011 to 2015, Bouabba was the North Africa Financial Services Leader at General Electric, overseeing financial operations in Libya, Algeria, Morocco, and Tunisia. Earlier in his career, he held various finance leadership roles, including Chief Accountant and Finance Team Leader at GE, as well as Accounting Manager at Algerie Telecom Mobilis SPA, gaining invaluable experience in financial management and operations.
Siemens Energy, a global leader in energy technology, operates across more than 90 countries and focuses on both conventional and renewable energy solutions. The company plays a critical role in global electricity generation, aiming to enhance sustainability in energy production.
With a focus on both conventional and renewable energy technologies, the company supports countries in North Africa as they transition to more sustainable energy systems. Siemens Energy’s operations in North Africa span multiple sectors, including power generation, transmission, and the integration of renewable energy sources.
In August, Siemens Energy (ENR1n.DE) raised its free cash flow outlook for the second time in three months, driven by strong demand for its power grid equipment and gas turbines. This boost comes as the company recovers from challenges in its wind division, signaling a positive shift in its overall performance.
The rise in global electricity demand, coupled with the increasing need for gas turbines, network components, and maintenance services, has provided significant momentum for the company. Siemens Energy, which competes with major industry players like U.S.-based GE Vernova, Denmark’s Vestas, and China’s Goldwind, is capitalizing on this demand surge.
Since its spin-off from Siemens AG in 2020, Siemens Energy’s stock has more than doubled, making it one of the best performers in Germany’s blue-chip index. This recent upward trajectory highlights the company’s strong positioning in the energy market, particularly in regions where power grid infrastructure and gas turbine technology are critical to meeting rising energy needs.
In Algeria, Egypt, and Morocco, Siemens Energy has been involved in major power generation projects, supplying cutting-edge gas turbines, steam turbines, and transmission systems to enhance energy efficiency and meet growing demand.
Recently, Egypt’s Minister of Electricity and Renewable Energy, Mahmoud Esmat, met with Siemens Energy’s Managing Director for Africa, Dietmar Siersdorfer, and Managing Director Ashraf Hamasa, alongside their delegation. The discussions centered on leveraging innovative technologies to accelerate the energy transition and tackle the region’s energy challenges.
