Board of Directors
The Board of Directors (“Board”) is responsible for the
overall management and strategic direction of Mermaid.
The Board is required to meet on a quarterly basis to
review and monitor our financial position and operations
and to, among other things, approve adequacy of internal
controls, risk management, financial reporting, corporate
governance and compliance matters. Ad-hoc meetings
are also called to discuss other major issues, such as
establishment and capital increases of new subsidiaries,
significant asset investments, strategy and annual
budget approvals. The Board consist of not fewer than
five (5) Directors as per the Articles of Association.
The following table sets forth information regarding our Directors.
Mr. Prasert Bunsumpun brings brings to Mermaid 30 years of experience in the oil and gas industry. Besides his role
in Mermaid, he serves as Chairman of other boards, including Thoresen Thai Agencies Plc. and PTT Global Chemical Plc.
and as a director on the board of PTT Plc., Intouch Holdings Plc. and Thaicom Plc. He also previously served as
Chairman of PTT Exploration and Production Plc., PTT Chemical Plc., IRPC Plc. and Thai Lube Base Plc., and as Executive
Chairman of Krungthai Bank Plc. He was President and CEO of PTT Plc. for over eight years. In addition, he served
as a director of PTT Aromatic and Refinery Plc., Thai Oil Plc., and Bangchak Petroleum Plc. Mr. Bunsumpun holds a
Master in Business Administration (M.B.A.) from Utah State University, U.S.A., a Bachelor of Engineering in Civil
Engineering (B.Eng.) from Chulalongkorn University in Thailand, and has a number of Honorary Doctorates from
renowned universities in Thailand. He also completed his Certificate in Advanced Management Program (AMP 155)
from Harvard Business School, U.S.A.
Executive Vice Chairman & CEO
Mr. Chalermchai Mahagitsiri brings a proven track record
of successfully managing and growing a variety of
businesses through his service as Chief Executive Officer
of PM Group Co. Ltd., Director of Quality Coffee Products
Co. Ltd., Director of Posco-Thainox Public Co. Ltd., Vice
Chairman of Thai Film Industries Public Co. Ltd., and
Managing Director of Lakewood Country Club Co. Ltd. He
also serves as Executive Vice Chairman and President and
CEO of Thoresen Thai Agencies Plc., Chairman of PM
Thoresen Asia Holdings Plc. and is Executive Vice Chairman
of Unique Mining Services Plc. Mr. Chalermchai holds a
Master of Science (M.Sc.) in Finance from Boston University
and a Bachelor of Science (B.Sc.) in Finance from Suffolk
University, both in the U.S.A.
Dr. Jean Paul Thevenin has a Ph.D. in Metallurgy from
Orsay University in France and has produced many
publications in the field of steel and the steel industry,
where he developed his longstanding career. He also
serves as a director of Thoresen Thai Agencies Plc.
He was the former Managing Director and Chief Executive
Officer of Thainox Stainless Public Company Limited, a
stainless steel manufacturer in Thailand, which he was
in charge of building and managing since 1991. He had also
served for many years as President of the Franco–Thai
Chamber of Commerce in Thailand and is an officer of
the National Order of Merit, a French decoration awarded
in recognition of his distinguished civil achievements, as
well as a recipient of an honorary Ph.D. from King Mongkut
Institute of Technology in Thailand.
Mr. Verma brings with him diversified international business experience of more than 25 years in various fields of FMCG food, retail, electronics, metal, manufacturing and real estate development sector. He has lived and worked in four different countries at Senior to Board level leadership positions in finance and operations. He is currently working as Senior EVP and Group CFO at Thoresen Thai Agencies Public Company Limited. and is also a member of the Executive Committee of Mermaid Maritime Public Company Limited.
Prior to that, he served as Executive Director of Finance at Jindal Stainless Limited and CFO and Acting Managing Director to Thainox Stainless PLC (now POSCO Thainox Public Company Limited). His previous employers included 'Dole Food Inc.' and 'Seagate Technologies' of USA.
Mr. Verma holds a Bachelor Degree in Commerce, is a Fellow Chartered Accountant (FCA), completed the Director Certification Program No. 78/2006 from the Thai Institute of Directors Association (IOD) and also completed Diploma Examination Class 49/2016 from Thai IOD.
Mr. Ng Cher Yan is a professional accountant with more than 30 years of experience in his discipline. He worked for an international accounting firm in both Singapore and Australia for more than six years before starting an accounting practice in 1990. He serves as a director on several Singapore listed companies, including Ecowise Holdings Ltd., Samko Timber Ltd., Moneymax Financial Services Ltd. and Vicplas International Ltd as well as a Taiwan listed company, Bull Will Co. Ltd. He graduated with a Bachelor of Accountancy from the National University of Singapore and qualified as a Chartered Accountant in Australia. He is a Fellow Member of the Institute of Singapore Chartered Accountants and a member of the Institute of Chartered Accountants Australia. He is currently also the Immediate Past Chairman of the Citizens Consultative Committee of the Braddell Heights constituency. Mr Ng was awarded the Pingat Bakti Masyarakat, or the Public Service Medal in 2007 and the Bintang Bakti Masyarakat, or the Public Service Star Medal in 2016.
Dr. Jan Jozef Skorupa is currently Managing Director
and a major shareholder of Clesol Co. Ltd. (Clean
Environment Solutions), a company involved with process
and equipment of the MAGUIN Group from France for
bio-ethanol plants and conversion of biomass into
energy. He is the former Managing Director of Fives Asia
Office in Bangkok, an important French Engineering
Group focusing on process and equipment for cement,
steel, glass, sugar and energy industries. Prior to that,
he had served as a Director of the Milling and
Combustion Department of ALSTOM Group in France
where he was responsible for marketing and sales of
milling and combustion equipment for power generation
and mining industries. He obtained a Master Degree in
Mining Engineering from Polytechnic University of Silesia
in Poland and a Doctorate Degree (Ph.D.) at University
of Cape Town in South Africa in 1989.
Mr. Tay Yu-Jin is a lawyer and partner in the international law firm, DLA Piper, based in Singapore. With over 18 years' experience in cross border legal practice, he has also practised in London, Paris and Washington DC and currently heads DLA Piper's international arbitration practice in Asia. Prior to joining DLA Piper, Mr. Tay headed the Asia arbitration practice of a leading US wall street law firm, where he practised for over ten years. He was called to the bar in England in 1998 and trained as a pupil in Fountain Court Chambers, a leading commercial barristers' chambers. As a returning Singapore Public Service Commission Overseas Merit Scholar, he also served in the Singapore Ministry of Defence. Mr. Tay's sector coverage includes oil and gas, energy, infrastructure, mining/natural resources and technology. In addition to acting as counsel, Mr. Tay sits regularly as an arbitrator in ICC, SIAC, LCIA and ad hoc arbitrations. He is a Fellow and elected Council member of the Singapore Institute of Arbitrators, in which he chairs the Arbitration Bar Committee. Since 2001, Mr. Tay has also had experience advising and representing investors and governments in investment treaty arbitrations. In 2013, he was designated by the Government of Timor-Leste to the World Bank's International Centre for Settlement of Investment Disputes (ICSID) Panels of Arbitrators and Conciliators. In 2011, he was among few Asian lawyers honoured in Global Arbitration Review's global 45 under 45. He is listed annually as a leading individual in global legal directories including GAR's International Who's Who of Commercial Arbitration (since 2010), Chambers Asia-Pacific and Asia-Pacific Legal 500 (since 2008), the Euromoney Guide to the World's Leading Experts in Commercial Arbitration (since 2006) and Benchmark Litigation. Mr. Tay holds a Bachelor of Laws (LL.B.) and Master of Laws (LL.M.) from University College London.