Leadership Team - Parami Energy Group of Companies

Leadership Team

KEN TUN

KEN TUN

Chairman & Group Chief Executive Officer

Ken founded Parami Energy in 2004 and has since overseen its growth into a variety of sectors. His areas of expertise include finance and strategy across such industries as steel and cement, oilfield services as well as oil & gas exploration and development. In the press, Ken has been interviewed or quoted on matters of oil & gas as well as energy investment and development in Myanmar. This coverage has emphasized his calls for transparency, corporate social responsibility and sustainable energy development, noting that at Parami, “We give a man half a fish to have his stomach half full and then teach him how to fish.”

Ken has consistently emphasized the need for domestic development in Myanmar to accompany increased foreign investment: “Unless we can balance an increase in foreign investment and energy production with the development of the domestic market, there is risk that growth will be unsustainable.” Ken has an MBA from the National University of Singapore and a Bachelor of Engineering from the Yangon Institute of Technology. He was honored as a Young Global Leader by the World Economic Forum in 2014.

ANTON SAFRONOV

Group Chief Operating Officer & Managing Director

Anton is responsible for the growth and operation of Power and Liquefied Petroleum Gas (LPG) businesses. In Power Generation, he manages day-to-day operations and leads our expansion efforts from Solar PV Mini-Grid electrification to utility-scale opportunities supplying to the national grid. In LPG, on top of managing the Thanlyin LPG import terminal in Yangon, he spearheads our customer base and downstream infrastructure expansion efforts across the country.

He brings 8 years’ senior management experience in energy transition and metals mining developed through corporate and project-based roles with Kinross Gold, TotalEnergies, Shell, and the International Finance Corporation. Global in-country leadership assignments have included projects in frontier and conflict-affected jurisdictions of Africa, Asia Pacific, and the Middle East. Anton holds a master’s degree in Development Economics from Harvard University and an MBA from the Massachusetts Institute of Technology.

Steve McBRIDE

Steve McBRIDE

Advisor to CEO

Steve has three decades of oil & gas experience spanning exploration, drilling, evaluation and production in Asia Pacific. His career commenced in seismic acquisition in Africa followed by electric wireline operations in SE Asia. He has 15+ years of experience in sales and business development, invigorating both mature and emerging markets. Steve’s previous assignments were with a global oil & gas service provider based in Bangkok, where he was GM of a 6-country region for 4 years, overseeing 12 product service lines and almost 600 personnel. Later, he was Global Account Director responsible for several Asia Pacific head-quartered Operators as well as three Majors. Steve commenced a consulting assignment with Parami Energy’s Upstream business in early 2018 and later transitioned to an advisory capacity. Steve holds a BSc in Electronics & Electrical Engineering from the University of Edinburgh and an MBA from Imperial College London.

STEFAN GHITA

STEFAN GHITA

VP Strategy & Finance | Head of Solar Business Unit

Stefan is a Manager at EY–Parthenon with a focus on growth, market entry and portfolio strategies for clients operating in a wide range of industries across APAC, USA and Europe. Stefan also has extensive experience advising private equity clients on acquisitions and divestitures. At Parami Energy, Stefan plays a dual role. First, he is Vice President for Group Strategy & Finance, advising the company on all investment decisions and partnerships as well as helping shape the strategic agenda. Second, he is the Head of the Solar Mini–Grid business unit driving the electrification efforts in Myanmar’s rural communities. Stefan has a MSc from Delft University of Technology, the Netherlands and a joint BSc from the Technical University of Civil Engineering Bucharest, Romania and Grenoble Institute of Technology, France.

NAY WIN

NAY WIN

Head of Production Business Unit

Nay WIN has been with Parami Energy since 2013. Prior to that, he had a 35-year career at the Myanma Oil & Gas Enterprise, spending 30 years in a broad range of engineering positions before serving as Deputy Director and then Director of the Production Department. He holds a BSc in Engineering from the Yangon Institute of Technology.

ZAW WIN

ZAW WIN

Head of Drilling Business Unit

Prior to joining Parami Energy in 2013, Zaw WIN worked as Planning Manager with Rimbunan Petrogas Ltd. He had a 30-year career at the Myanma Oil & Gas Enterprise, rising through the ranks as an engineer to become Director & Chairman. He holds a BSc in Engineering from the Yangon Institute of Technology.

Parami Energy Board of Directors

Parami Board of Directors (BoD) drives the policies required for corporate management and governance. It makes key company decisions.

The Parami BoD is responsible for maintaining and improving the company’s prosperity by constantly refining its strategy and directing its affairs, while striving to meet and exceed the expectations of its stakeholders.

The BoD is integral in determining who should lead the company and informing its financial and major investment decisions such as expanding the group’s portfolio through acquisitions or partnerships with local and international players. The BoD also helps drive the company’s strategy decisions and policy agenda.

Corporate Strategy

Parami is committed to developing and operating a diversified energy portfolio encompassing Renewable Energy, Liquefied Petroleum Gas (LPG) Import & Distribution as well as Oil & Gas Exploration and Development in an inclusive, sustainable and socially responsible manner.

Risk Management

Parami’s risk management model follows five steps with the goal of limiting and handling potential and existing threats: (1) identify, (2) analyze, (3) mitigate, (4) eliminate, (5) monitor & anticipate.