Board of Directors
Secretary Spencer Abraham – Non-Executive Director
Secretary Abraham was the 10th Secretary of Energy of the United States, and served from 2001 to 2005. He began his tenure in the midst of a severe energy crisis that included the California blackouts, declining domestic energy supplies and insufficient international energy trade opportunities. In response, he helped President Bush devise America’s first national energy plan in over a decade and oversaw its implementation. As part of this plan, he led efforts to broaden America’s international energy partnerships, working with China, Japan, Russia, the E.U., countries in South America and Africa and certain OPEC nations.
Secretary Abraham has been a close observer of world energy markets, and under his leadership the Department of Energy conducted a number of short and long-term studies of world oil, gas, electricity and other markets. Domestically, he spearheaded the department’s high-tech efforts in the areas of hydrogen fuel cell research and the development and expansion of clean coal technology programs, and provided a strong voice for the re-emergence of safe nuclear power. Prior to being named Secretary of Energy, Secretary Abraham served as U.S. Senator from Michigan for six years, where he was the author of 22 pieces of legislation signed into law.
He also chaired two subcommittees: Manufacturing and Competitiveness and Immigration. Secretary Abraham is currently Chairman and Chief Executive Officer of The Abraham Group, a business consulting firm based in Washington, D.C. He is also Non-Executive Chairman of AREVA, Inc. and a member of the Board of Directors of Occidental Petroleum, of Deepwater Wind, a developer of offshore wind power and of C3, the energy resource management company.
In addition he recently authored “Lights Out: Ten Myths About (And Real Solutions To) Americas Energy Crisis”, a book discussing America’s energy challenges and Mr. Abraham’s strategy for addressing them. Mr. Abraham holds a J.D. degree from Harvard Law School, where he co-founded the Harvard Journal of Law & Public Policy. He later co-founded the Federalist Society.
Michael Boardman – CFO, Sindicatum Group
Michael Boardman joined Sindicatum in January 2011 as Group Chief Financial Officer. Michael brings 22 years’ experience of finance and capital markets and a strong knowledge of the international investment community. After qualifying as a Chartered Accountant in the UK, Michael pursued an investment banking career, where over 18 years he was directly responsible for raising over US$30 billion, in both the public and the private markets, executing a wide variety of transactions including equity raisings, debt and other financing solutions to corporate and government entities. A key feature of Michael’s career has been an emphasis on fast growing markets and growth sectors – high tech, biotech, and, in recent years, in the alternative energy space.
Thomas A. Daschle – Non-Executive Director
Senator Tom Daschle has participated in the development and debate of almost every major public policy issue of the last three decades in the United States. In 1978, he was elected to the US House of Representatives, where he served for eight years. In 1986, he was elected to the US Senate and was chosen as Senate Democratic Leader in 1994. Senator Daschle is one of the longest serving Senate Democratic leaders in history and the only one to serve twice as both Majority and Minority Leader.
During his tenure, Senator Daschle navigated the Senate through some of its most historic economic and national security challenges. In 2003, he chronicled some of these experiences in his book, Like No Other Time: The 107th Congress and the Two Years That Changed America Forever. Since leaving the Senate, Senator Daschle has remained an active and learned voice among policy-makers. He has distinguished his experience in health care through the publication of Critical: What We Can Do About the Health-Care Crisis and, more recently, Getting It Done, a close-up look at the 2009 passage of health care reform legislation. Senator Daschle has also emerged as a leading thinker on climate change and renewable energy policy. In 2007, Senator Daschle joined with former Majority Leaders George Mitchell, Bob Dole and Howard Baker to create the Bipartisan Policy Center, an organization dedicated to finding common ground on some of the pressing public policy challenges of our time.
Senator Daschle serves on the board of the Center for American Progress and the National Democratic Institute and is a member of the Council of Foreign Relations. He also is a member of the Health Policy and Management Executive Council at the Harvard School of Public Health as well as a member of the Global Policy Advisory Council for the Health Worker Migration Initiative. Senator Daschle attended South Dakota State University, then served for three years as an intelligence officer in the US Air Force Strategic Command. Following his military service, he spent five years as an aide to South Dakota Senator James Abourezk. After leaving the Senate in 2005, Senator Daschle joined Alston & Bird LLP as a special policy advisor, and today is a Senior Policy Advisor in DLA Piper’s Government Affairs practice and serves as a member of DLA Piper’s Global Board.
Robert (Bob) Driscoll – President, Sindicatum Group
Bob has over 36 years experience in successful development and management of international and domestic businesses. Specifically he has more than 15 years specializing in large-scale infrastructure development, financing, construction, ownership, operation, acquisition and divestment. Prior to joining Sindicatum, Bob worked at Mirant Corporation as a Senior Vice President and Head of Asset Management where he managed Mirant’s US operations, responsible for government relations, business development, and coordination of the company’s commercial and operations groups.
Bob was also Chief Executive Officer of Mirant Mid-Atlantic LLC, a business unit representing nearly 80% of Mirant’s annual revenues. Previously Bob was a Principal at Private Power Development, an advisory firm providing consulting services to various companies, including a consortium of Japanese and British firms that purchased a multi-billion dollar Asia-Pacific business. Prior to this Bob worked at Edison Mission Energy (“EME”), serving as Chief Operating Officer of EME’s Asia Pacific business, where he grew the business from two assets in the region to one of the largest overseas US investments in the independent power business, with over USD 5 billion of assets and operations in Australia, New Zealand, Indonesia, the Philippines, Thailand and Singapore.
From 1984 to 1995 he worked at the US-ASEAN Business Council in Washington DC, and prior to that he was a Vice President at the Council of the Americas, from November 1973 to July 1984, in New York City. He holds a B.A. from Carroll College, Montana and an M.A. from the University of Texas.
Colin Goodall – Non-Executive Chairman
Colin joined the Sindicatum Board in 2005. After qualifying as a Chartered Accountant, Colin worked in Africa for a number of companies, including Anglo American Corporation, and became a partner at Touche Ross. He joined the finance team at British Petroleum plc in 1975, later becoming the first Chief of Staff within the BP group. From 1995 to 1999 he served as Chief Financial Officer of BP Europe and then as BP’s senior representative in Russia.
Sobhi Hatem – Non-Executive Director
Sobhi is a Director of CVCI focused on the CEEMEA region. He is also a Board Member of Continental Outdoor Media. Prior to joining CVCI in 2007, Sobhi had spent 9 years in Investment Banking at Lehman Brothers in the merger and acquisitions group focusing initially on the Telecom and Media sector and then on Emerging Markets. Sobhi holds a BEng from McGill University (Honours) and a Masters in Management from Ecoles des Hautes Etudes Commerciales (HEC) in France.
Assaad Razzouk – CEO, Sindicatum Group
Assaad is Group Chief Executive of Sindicatum Sustainable Resources. At Sindicatum, Assaad is responsible for overall strategy, stakeholder relationships and the project investments managed by Sindicatum’s business units. Under Mr. Razzouk’s leadership, Sindicatum has developed a global portfolio of projects on a principal basis and established and grown business units in Bangkok, Beijing, Jakarta, Manila, New Delhi, Singapore, Taiyuan (Shanxi Province, China) and Washington D.C. Through its local business units, Sindicatum has to date committed more than $400m to greenhouse gas reduction and sustainability projects, 90% of which are in Asia and has won multiple awards testifying to its excellence in sustainability and renewable energy.
Assaad is a Board member of the Climate Markets & Investment Association, establishing CMIA’s Asia Chapter. Assaad is also a Board member of ASrIA, the Association for Sustainable and Responsible Investing in Asia; and a commentator on climate change, natural capital and clean energy. His Op-Eds have been published by, among others, London’s The Independent, Singapore’s Eco-Business, the Ecologist and others.
From 1993 to 2002, Assaad was an investment banker at Nomura International plc in London, where he was last Deputy Head of Global Corporate Finance. At Nomura International, he advised on several billion dollars of equity and debt capital raisings and invested several hundred million dollars of Nomura’s capital in private equity and principal finance investments in the emerging markets, each investment resulting in a profitable exit for Nomura.
From 1988 to 1993, Assaad was at Price Waterhouse in New York City where his last position was as Manager, International Capital Markets. At Price Waterhouse, he advised the Government of Indonesia on the privatization of state-owned enterprises from 1991 to 1993, with an emphasis on the transportation sector, and specialized in advising Fortune 500 corporations in cross-border structured lease financings.
Assaad’s outside interests include founding South East Asia’s first Middle Eastern contemporary art gallery, Sana Gallery. He is a graduate of Syracuse University (Summa Cum Laude) and holds an MBA from Columbia Business School.