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GASCO-July-2016-Issue2

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JULY 2016<br />

Mr. Narinejit Pariag – Vice President, Finance<br />

and Informati<strong>on</strong> Management (Ag.)<br />

Mr. Pariag was appointed to act in the positi<strong>on</strong> of Vice<br />

President, Finance and Informati<strong>on</strong> and Management<br />

(FIMG) from the 26th March 2016.<br />

Prior to that, he held the positi<strong>on</strong> of Vice President,<br />

Finance and Administrati<strong>on</strong> at Nati<strong>on</strong>al Energy, a<br />

100% owned subsidiary of NGC. Mr. Pariag has over<br />

20 years’ experience in the field of Finance and<br />

Accounting, having previously worked for private<br />

sector corporati<strong>on</strong>s.<br />

Mr. Pariag holds an Executive Masters in Business<br />

Administrati<strong>on</strong>. He is a Fellow of the Chartered<br />

Associati<strong>on</strong> of Certified Accountants (FCCA) and<br />

Member of the Institute of Chartered Accountants of<br />

Trinidad and Tobago (ICATT).<br />

Regarding his new positi<strong>on</strong> at NGC, Mr. Pariag<br />

revealed:<br />

“The role of Vice President, Finance and Informati<strong>on</strong><br />

Management Group is more than just being the<br />

financial gatekeeper. The VP, FIMG is expected<br />

to participate in driving the organisati<strong>on</strong> towards<br />

achieving its objective. As part of the leadership team<br />

at NGC, my role is to support strategic and operati<strong>on</strong>al<br />

decisi<strong>on</strong> making in a ‘business partnership’ capacity,<br />

in additi<strong>on</strong> to fulfilling the traditi<strong>on</strong>al stewardship<br />

resp<strong>on</strong>sibilities related to governance, compliance<br />

and c<strong>on</strong>trol.<br />

“The current ec<strong>on</strong>omic envir<strong>on</strong>ment has created<br />

new challenges for NGC and Cost and Liquidity<br />

Management are two high priority areas. “Additi<strong>on</strong>ally,<br />

as an organisati<strong>on</strong>, we are focused <strong>on</strong> growing<br />

NARINEJIT PARIAG<br />

ec<strong>on</strong>omic value and therefore, there is now a<br />

significant focus <strong>on</strong> all investment projects achieving<br />

the required hurdle rate before moving forward.<br />

“During the last three m<strong>on</strong>ths, I have been working<br />

together with the leadership team in developing<br />

the Strategic Plan for the period 2016-2020. On an<br />

operati<strong>on</strong>al basis, the focus over the next three m<strong>on</strong>ths<br />

is strengthening and improving the reporting functi<strong>on</strong><br />

to deliver c<strong>on</strong>solidated reporting <strong>on</strong> a m<strong>on</strong>thly basis.<br />

“The job is not without its challenges, but it is indeed<br />

gratifying to be entrusted with the stewardship and<br />

resp<strong>on</strong>sibility of such an important functi<strong>on</strong> at NGC<br />

– the FIMG Group. I see a great opportunity to work<br />

with the team as we c<strong>on</strong>tinue to build <strong>on</strong> our success<br />

and create value for our shareholders.”<br />

NGC’s Head Office, Pt. Lisas Industrial Estate<br />

16

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