Ahmed Moghal
Summary
Ahmed Moghal became Baker Hughes’ Executive Vice President and Chief Financial Officer on February 24, 2025, after serving as CFO of its Industrial & Energy Technology segment since 2023. ([bakerhughes.com](https://www.bakerhughes.com/ahmed-moghal?utm_source=openai))
Biography
Moghal began his career at GE in the Financial Management Program and later worked on GE’s Corporate Audit Staff. He has more than two decades of international finance experience across multiple industries and business cycles. ([bakerhughes.com](https://www.bakerhughes.com/ahmed-moghal?utm_source=openai)) At the time of the Baker Hughes–GE Oil & Gas merger in 2017, Moghal served as a financial planning and analysis leader. He subsequently held senior finance and corporate roles, including Senior Vice President and CFO of Baker Hughes’ Industrial & Energy Technology business from 2023 to 2025, before succeeding Nancy Buese as company CFO. Moghal holds a degree in Accounting and Finance from London South Bank University and is a trustee of the Baker Hughes Foundation. ([bakerhughes.com](https://www.bakerhughes.com/ahmed-moghal?utm_source=openai))
Notable achievements
- Helped lead finance for Baker Hughes’ Industrial & Energy Technology segment from 2023 until his promotion to company CFO. ([bakerhughes.com](https://www.bakerhughes.com/ahmed-moghal?utm_source=openai))
- Was promoted internally to company CFO, providing continuity during Baker Hughes’ strategic transformation. ([investors.bakerhughes.com](https://investors.bakerhughes.com/news/press-releases/news-details/2025/Baker-Hughes-Appoints-Ahmed-Moghal-Chief-Financial-Officer-02-24-2025/default.aspx?utm_source=openai))
- Supported Baker Hughes’ focus on margin expansion, free-cash-flow generation, and disciplined capital allocation.
- Served in a finance leadership role during the 2017 combination of Baker Hughes and GE Oil & Gas. ([bakerhughes.com](https://www.bakerhughes.com/ahmed-moghal?utm_source=openai))
- Was CFO as Baker Hughes reported record 2025 adjusted EBITDA and free cash flow. ([bakerhughes.com](https://www.bakerhughes.com/company/digital-annual-report?utm_source=openai))
Problem areas / controversies
- Moghal inherited the company CFO role during a transition in which Nancy Buese left the position by mutual agreement with Baker Hughes; the company provided limited public detail about the reasons for the change. ([investors.bakerhughes.com](https://investors.bakerhughes.com/news/press-releases/news-details/2025/Baker-Hughes-Appoints-Ahmed-Moghal-Chief-Financial-Officer-02-24-2025/default.aspx?utm_source=openai))
- His company-level CFO tenure began only in February 2025, so his longer-term record overseeing Baker Hughes’ consolidated capital allocation and reporting remains relatively limited.
- The CFO role includes financial risks associated with funding and integrating the Chart Industries acquisition, including debt service and the realization of projected synergies. ([investors.bakerhughes.com](https://investors.bakerhughes.com/news/press-releases/news-details/2026/Baker-Hughes-Completes-Acquisition-of-Chart-Industries/default.aspx?utm_source=openai))
- No major personal controversy or regulatory finding involving Moghal was identified in the reviewed filings and reputable coverage.