Managing Director
World Petroleum Partnership
Total years of experience :22 years, 5 Months
World Petroleum Partnership is a solution based company head quartered in Dubai, that focuses on providing the up- stream and down -stream oil and gas sector with cost effective and environmentally sustainable products and services. As Managing Director it's my responsibility to develop a diversified yet complementary portfolio of products and services that adds value to our customers business while optimizing share holder value. Our team of engineers, marketing and commercial professionals in partnership with our suppliers are continuously developing new solutions to todays problems. Whether its expanding your fuel retail network, developing in country lube oil blending and packaging, improving efficiency through automation, cleaning up oil spills, purchasing transportation equipment or managing your operational risks, WPP is your choice solution partner. With clients such as TOTAL, Vivo Energy, ENOC, ADNOC, NP and NGC we have accomplished our objectives of broadening our customer base and expanding our reach beyond the UAE into Africa and the Caribbean and Latin American markets. We welcome you to visit our web site at www.wpp-group.com.
• Managed the Revenue Assurance function to ensure revenue optimization
• Identification, assessment and treatment of revenue at risk across all lines of business
Design and implementation of Key Performance Indicators for measuring revenue at risk performance and benchmarking
• Reduced revenue leakage to less than 1% of gross turnover.
• Responsible for (5) professional and (5) senior staff members
• Direct report to the CFO
• Implemented and operated an IT based revenue assurance system (USD 650, 000)
• Development and execution of the section’s objectives to meet corporate objectives - Gross turnover, Gross Margin, EBITDA and Net cash
• Preparation and control of the section’s Annual operating Plan and capex and opex budget
• Certified revenue assurance professional
• Identification, assessment and treatment of all types of irregular network access across mobile, fixed and broadband networks
• Responsible for (7) professional staff members
• Implementation and operation of an IT based fraud management system (USD 200, 000)
• Minimised revenue leakage to 0.01% of Gross Turnover
• Conducted risk management audits of the company’s critical revenue earning assets
Assisted the FBI, Interpol and the Ministry of National Security with intel reports used for investigative purposes
• Produced written risk management action reports
• Coordinated implementation of risk solutions
• Analysed loss history and produced trend reports
• Certified Business Resilience Manager
• Developed Risk Management policies, procedures and standards to manage operational risk
• Guided the company’s Executive team on risk management strategies
• Designed risk solutions and coordinated implementation of such solutions
• Chaired several cross functional teams with responsibility for implementing risk management policies
• Led risk surveys conducted by external risk auditors
• Integrated risk control measures with risk financing programme, which reduced insurance related costs
• Conducted internal risk management audits of the company’s operations
• Conducted EML studies
• Conducted loss history analysis and trending
• Developed and maintained a Risk Management Information System
• Responsible for Risk Management services to the Neal and Massy Group of Companies and various private sector, government and state enterprises including PETROTRIN (oil and gas), NGC (oil and gas), TCL (manufacturing) & Bank of Commerce (Finance).
• Conducted on-site physical risk surveys.
• Produced risk reports and communicated risk solutions to clients
• Examined and recommended feasible risk control and risk financing techniques for reducing the severity and frequency of losses.
• Analysed loss history and developed trend reports
• Developed and maintained a risk management information system
• Provided risk management intelligence and underwriting data to account managers
• Conducted claims analysis and developed preventative risk solutions
• Assisted in developing a captive solution for a major client
Acheived certification as a revenue assurance professional which allows me to identify and assess revenue at risk accross all lines of business in a telecoms environment with the objective of quantifying the risk and implementation of control measures to reduce leakage. The sole objective is to protect the organisations revenues while optimising margins and EBITDA.
Acheived the status of Certified Business Resilience Manager
Business management and specialised finance courses in Investment Analysis, Corporate Finance and Strategic Management Accounting. Acheived a dissertation for research paper entitled "Efficency of the Trinidad and Tobago stock market" - based on the Efficient Markey Hypothesis. The dissertation was 20,000 words long and entailed a detailed analysis of how share prices react to public information based on timing and magnitude using regression analysis for trending and predicting price movements. The paper outlined recommendations for improving efficency. According to the dissertation supervisor this was one of the most challenging topics attempted and therefor it was an honor for me to acheive dissertation rights.
•Specialised study in Risk Control and Risk Financing techniques including Property Loss Control, Business Continuity Planning, Crisis Management, Tort and Contractual liability risks, Quantitative techniques, Financing Employee benefits, Commercial insurance, Captives and all other forms of risk financing. The ARM is a professional certification in risk management which is recognised world wide and is one of the most sort after qualifications by persons that want to advance their careers in risk management. The qualification has allowed me to work as a consultant in the insurance industry and as a corporate risk manager in the telecoms industry.
Studies in business administration which provided a solid foundation for completing my MBA. Each subject required the completion of a research paper. Received As in all subjects and a B in production management.
Studies in macro and micro economics