Orb Energy has announced that it has appointed Gerald Kok as its new CFO (Chief Financial Officer). Gerald brings to Orb tremendous experience as a senior finance executive at various companies in Shell. He worked as the CFO for Shell in Sri Lanka, expanding their LPG operations during the early 2000’s, and was the CFO for Shell’s LNG operations in Hazira in India (starting in 2005), and was their CFO in Turkey for a Shell joint venture involved in trading, marketing and sales of fuels and lubricants.
Subsequently, Gerald played a role in M&A of some of Shell’s larger European portfolio projects, and most recently was responsible for enterprise risk management for Shell corporation at The Hague, Netherlands.
As the CFO of Orb Energy operating from its head office in Bangalore, Gerald will be responsible for corporate planning, financial controls & reporting, risk management, treasury operations, audit and corporate governance. He will spend significant time on financing the growth of Orb’s rooftop solar business, building on the success in the fast-growing SME (Small and Medium-sized Enterprise) segment.
"As a vertically integrated solar company operating in India for over 12 years now, Orb has achieved a leadership position in the commercial and industrial rooftop solar segment with its unique value proposition for SMEs, including offering collateral-free solar loans that match their payback period. With Gerald joining us, I am extremely confident of consolidating our position further and continuing to delight our customers. I am happy to welcome Gerald to the Orb family and wish him great success.” said Damian Miller, Orb’s Chief Executive Officer.
Gerald commented: “I am excited by the potential of rooftop solar in India. Rooftop solar has turned the corner and is now significantly cheaper than grid electricity for commercial and industrial users. Orb with its in-house manufacturing of high-quality solar panels coupled with in-house finance is uniquely positioned to enable commercial and industrial users to significantly reduce their electricity costs. I’m very happy to join this high energy team right now and work with them to become a major solar player across India and Africa”.
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