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Programme - Global Reinsurance

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Michael Webb,<br />

Managing Director, Financial<br />

Sector Development and Policy<br />

QFC Regulatory Authority<br />

Mr. Webb is a graduate in<br />

law of Victoria University<br />

of Wellington. Prior to the<br />

QFCRA, Mr. Webb was<br />

a leading New Zealand<br />

commercial barrister<br />

specializing in securities,<br />

banking, corporate, insolvency<br />

and public regulatory law,<br />

acting in advisory, contentious business, and<br />

transactional matters. He has been closely<br />

involved in financial markets, corporate and<br />

insolvency law development and reform. He has<br />

also acted in lead legal roles in regulatory regimes<br />

for the electricity and telecommunications sectors.<br />

From 1992 to 2003 he was a member, and<br />

variously acting Chairman of the New Zealand<br />

Securities Commission. Other appointments<br />

have included being a director of significant New<br />

Zealand and Australian companies and, recently,<br />

Chair of the Ministerial Task Force on Financial<br />

Intermediaries in New Zealand.<br />

Esa Ikaheimonen<br />

Vice President Finance and<br />

Planning, Shell Qatar<br />

Esa Ikaheimonen joined Shell<br />

in 1990 after completing his<br />

Law degree from University<br />

of Turku in Finland and after<br />

a short-lived career in legal<br />

practice. He held a couple<br />

of positions in Shell Finland<br />

and Shell Scandinavia before<br />

moving to Shell UK Exploration<br />

and Production in Aberdeen 1995 where he held<br />

a position as Head of Planning and Analysis.<br />

From Scotland he was posted back to Finland,<br />

where he worked first as the country Finance<br />

Manager and thereafter as Scandinavian Finance<br />

Manager between 1998 and 2001. Esa then<br />

moved to Shell Europe Oil Products in London<br />

and worked in Strategy and Portfolio until June<br />

2004 as Portfolio Director responsible for Strategy<br />

and Portfolio in Central, Eastern and Southern<br />

Europe. During that period Shell made numerous<br />

portfolio deals across Europe and significantly<br />

restructured its downstream businesses.<br />

Esa still recalls deal making in countries like Italy,<br />

Turkey and Poland as one of the highlights in his<br />

career so far. In June 2004, Esa joined Shell Gas<br />

and Power as Finance and Commercial Director<br />

for the Pearl GTL Project. Following the successful<br />

conclusion of the Development and Production<br />

Sharing Agreement (DPSA) negotiations, Esa<br />

moved to Doha to the newly formed Qatar Shell<br />

GTL Ltd, which is tasked with the execution and<br />

operation of the Pearl GTL project. In addition, he<br />

is Country Finance Director for Shell in Qatar.

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