Summary
Overview
Work History
Education
Skills
Affiliations
Timeline
Generic
NEHEMAIAH NARIS

NEHEMAIAH NARIS

Executive Manager Investments
Port Moresby,NCD

Summary

  • Accomplished and creative Executive Manager possessing multifaceted experience in oil and gas, power, telecommunication, banking and finance and agri business and proven ability to re-energize and restructure organizations, develop strategic initiatives and capture emerging business opportunities. Results-oriented, decisive leader adept at forging lucrative relationships with key partners, vendors and clients.

Overview

13
13
years of professional experience

Work History

Executive Manager-Investments

Kumul Consolidated Holdings
Port Moresby, NCD
2018.02 - Current
  • Current role reporting to the Managing Director and managing KCH’s various green field investment in properties, agriculture and shipping portfolion
  • Created, managed and executed business plan and communicated company vision and objectives for new investments to Board and Management of KCH.
  • Evaluated and decided upon key investments in infrastructure, agriculture projects and properties division.
  • Chaired monthly investment meetings with executive leadership to identify opportunities for improvement, establish milestones for project delivery.
  • Present investment submissions to Investment sub committee and KCH Board.
  • KCH Shareholder representative of NDB Board

Senior Portfolio Manager

Kumul Consolidated Holdings, IPBC
Port Moresby, NCD
01.2015 - 02.2018
  • I was reporting to the Executive Manager and overseeing/managing the following portfolios, PNG Power Ltd, PNG Ports Corporation, Water PNG Ltd and Ramu 2 Hydro Electric Project.
  • Managing KCH energy, ports and water portfolio worth approximately K2 billion (US$600 million).
  • Reviewing SOE Annual Operating Plans including budgets and CAPEX programs.
  • Financial Review of Monthly, Quarterly and Annual Reports for SOEs.
  • Preparing various NEC and Board Submissions for SOEs and KCH.
  • Team Leader, 50 Mw Port Moresby Gas Power Project with Exxon Mobil under Tax Credit Scheme with GoPNG.
  • Team member of the 180 MW Ramu 2 Project Hydro Project worth US$750 million 2013 Commercial Lawyer Independent Public Business Corporation (www.ipbc.com.pg).

Commercial Lawyer

Indpependant Public Business Corporation
Port Moresby, NCD
08.2013 - 07.2015

• IPBC acquiring additional shares in Bmobile worth USD 85 million.
A successful IPBC negotiation team that negotiated and completed IPBC’s acquisition of additional shares in Bmobile made IPBC the majority shareholder with 85%. Transaction documents reviewed and negotiated include IPBC Share Subscription Agreement, Bmobile Shareholders Agreement, Bmobile Shareholders Deed and Bmobile Company Constitution.

• Bmobile Company Secretary and Legal Counsel (Seconded from IPBC September 2013 to May 2014) (www.bmobile.com.pg). Reporting Bmobile Board and Attening to all Legal Issues. Negoitated and executed the partnership agreement between Bmobile and Vodafone PLC in London UK.

Some key projects undertaken in IPBC includes the following:

• Port Moresby Grid Power Upgrade Agreement with LR Group worth US$2.63 million
• Ramu 2 Hydro Power Feasibility Study worth PGK39 million.
• Naoro Brown Hydro Power Feasibility Study
• Pom Port Relocation Project to Motukea K800 million

Senior Commercial Lawyer

National Petroleum Company Of (Kroton) PNG
Port Moresby, NCD
01.2011 - 01.2013
  • NPCP is the third-largest equity participant with 16.5% behind Exxon Mobil and Oil Search Limited in the US$20 billion PNG LNG Project (www.pnglng.com).Some of the experience gained from working with NPCP includes:.
  • Providing in-house legal advice on commercial law matters relating to the PNG LNG Project.
  • Areas covered include project financing, oil and gas contracts, insurance and sales and shipping contracts.
  • Negotiating, reviewing and drafting contracts, including Gas Sales Agreements, Deeds and other commercial agreements on behalf of NPCP for the PNG LNG Project.
  • Reviewing and negotiating with other project partners in relation to tax benefits (Allowable Capital Expenditure (AEE) & Allowable Capital Expenditure (ACE)) for NPCP.
  • Team leader of NPCP’s Commercial department Commercial Opportunities Working Committee (Multidisciplinary committee comprising technical, legal, commercial and finance personnel’s).This committee is involved in identifying and studying new business opportunities/ventures in the petroleum industry for the company.
  • Preparing board papers for NPCP’s board approval of major expenditures and activities for the PNG LNG Project.
  • Reviewing and negotiating on behalf of NPCP, the US$90 million Hides Coordination Deed between Oil Search Limited and NPCP and other license holders including Exxon Mobil and Santos Ltd for upstream Pipeline Gas purchase.
  • Proved successful working within tight deadlines and fast-paced atmosphere.
  • Prepared a variety of different written communications, reports and documents to ensure smooth operations.

In House Lawyer

Environmental Law Centre
Port Moresby, NCD
11.2007 - 02.2010
  • The above organization is a nonprofit organization that deals with environmental issues. Attending court cases and managing in house legal matters for the clients who are indigenous landowners.
  • Developed team communications and information for meetings.
  • Worked closely with Community Affairs Team to maintain optimum levels of communication to effectively and efficiently complete projects in rural areas of Papua New Guinea

Education

MBA -

University Of Illinois Urbana Champaign
Illinois,US
02.2016 - 11.2017

Master of Laws (LLM) - Corporate And Commercial Law

University Of Auckland
Auckland, New Zealand
02.2010 - 03.2011

No Degree - Legal Practice Training (Admission As Lawyer)

Legal Training Institute
Port Moresby, Papua New Guinea
02.2007 - 11.2007

Bachelor of Laws (LLB) - Law

University Of Papua New Guinea
Port Moresby, Papua New Guinea
02.2003 - 11.2006

Skills

Business Development and Investment

undefined

Affiliations

  • A member of the Papua New Guinea Law Society
  • A member of the Australian Institute of Company Directors (MAICD)
  • A member of the Global Corporate Finance Society

Timeline

Executive Manager-Investments

Kumul Consolidated Holdings
2018.02 - Current

MBA -

University Of Illinois Urbana Champaign
02.2016 - 11.2017

Senior Portfolio Manager

Kumul Consolidated Holdings, IPBC
01.2015 - 02.2018

Commercial Lawyer

Indpependant Public Business Corporation
08.2013 - 07.2015

Senior Commercial Lawyer

National Petroleum Company Of (Kroton) PNG
01.2011 - 01.2013

Master of Laws (LLM) - Corporate And Commercial Law

University Of Auckland
02.2010 - 03.2011

In House Lawyer

Environmental Law Centre
11.2007 - 02.2010

No Degree - Legal Practice Training (Admission As Lawyer)

Legal Training Institute
02.2007 - 11.2007

Bachelor of Laws (LLB) - Law

University Of Papua New Guinea
02.2003 - 11.2006
NEHEMAIAH NARISExecutive Manager Investments