Melbourne, Victoria, Australia
Risk management professional with a proven track record of 20+ years with energy commodities and a solid knowledge of structured commodity trade related to renewable projects worldwide. Involved in setting-up energy trading & portfolio management activities in Singapore, Italy and Australia, leveraging on the experience gained in many different positions across the trading organization (origination, short-term trading, portfolio management, market analysis, business development, risk). Education background in electrical engineering and law (both at master’s level), complemented with a top-tier MBA.
2nd look on all non-standard European transactions (e.g. procurement contracts, sale bids, tolling agreements, risk-carrying price revision clauses) with expected turnover above € 50 mill., volume above 4 TWh or maturity beyond 3 years.
Risk analysis and compliance reporting for subsidiaries in Poland, Hungary, Romania, Greece, Italy and Spain. Definition of mandate and limits in accordance with management’s risk appetite.
Fundamental analyses, price forecasts, regular briefings. Management of a team of 6 analysts. Covered markets: crude oil, oil products, gas (NBP, TTF), coal (API#2), carbon allowances (EUA, CER), European liquid power (e.g. Germany), European illiquid power (Italy, Spain, Poland, Hungary), Clean Spark/Dark Spread, macroeconomic indicators, FX (EUR, USD, CHF, HUF, PLN, RON).
Implementation and daily management of centralized portfolio management activities. P&L responsibility: € 250-300 million per year. 3300 MW of gas-fired assets and gas contracts for 2.5 bcm/year. Management of a team of 5 portfolio managers
Optimization of Electrabel gas, power, coal and fuel-oil positions in Benelux from quarter-ahead to delivery (related to 15,000 MW of generation assets). Responsibility for 24h/day dispatching activities added as of 01/09/2007. Management of a team of 25 intra-day and short-term portfolio managers. Board Member of Powernext, the French power and gas exchange, representing Electrabel as a 7%-shareholder, from 1st August 2007.
Risk management projects, development of energy trading activities (e.g. in Rome when the ACEA-Electrabel joint venture was created), set up of Electrabel Virtual Power Plant auctions, migration of Electrabel book structure to IAS 39 standards.
Corporate finance transactions, price forecasts, asset valuation including due diligence processes.