About Me

Ritesh Parakkal

RITESH PARAKKAL

PMP® , RMP® , PBA® ,CCMP©, FiE.

Alumnus of Harvard Business School

Ritesh has over 20 years of Experience in the International Oil & Gas/Energy Business with the last 12 years being in Leadership positions in CIS Countries. He is an Alumna of Harvard Business School. He is also a certified Project Management Professional (PMP) , Risk Management Professional (RMP) and Professional in Business Analysis (PBA) from PMI, USA and a certified Contracts Management Practioner (CCMP) by IACCM, USA. He is also a Chartered Engineer (CE) by IEI (Institution of Engineers, India). He has a strong track record of driving digital transformation for enterprises, executing business turnarounds and managing successful acquisitions.

He currently holds the position of Managing Director in RMS – ISKER and is responsible and completely accountable for the Operations and Financial performance of the Company. In addition to this he serves as the Commercial & Business Development Director of ISKER Group where he is responsible to secure business in Energy, Petrochemicals, Ports, Industrial Waste Management & Facility Management.  He has contributed in a major way in securing large orders in Kazakhstan, Turkmenistan, UAE and India. Prior to this he has occupied senior management roles (Director) in Proposals, Business Development, Mergers & Acquisitions, Strategic investments, and Project Management in EPC Companies like KazStroyService, KazMunaiService, RMS ISKER.

He has also been responsible for building up the Company by strategic diversifications in India, Middle East, Southeast, Africa and Europe by forming mergers/ acquisitions, forming JVs/Consortiums, Prequalification, Estimations, Risk analysis, bidding, negotiations, contract signing and further executing it through a team of project professionals.

Ritesh has undertaken struggling Projects midway and has been able to successfully deliver it to the expectations of the stakeholders. Project Management, Business Risk Management, Business Analysis, Planning, Project Controls, and Cost Management using EVM Techniques has been his forte. Besides these Proposals, Estimation, Contracts / Subcontracts Management and Administration are his passion and areas of interest. As a continuous learner and to enhance the knowledge in this domain, Ritesh has obtained certifications in PMP, RMP, PBA from PMI,USA and CCMP professional certifications from World Commerce & Contracting (former IACCM, USA)

Ritesh has also broadened his experience to include a range of Mergers, Acquisitions & Strategic Investments in companies like PSN KazStroy(part of Wood Group), Punjlloyd KSS JV, Isker KazStroyService JV, Bechtel Enka KSS JV , Petrofac ISKER LLP , Petrofac Kazakhstan Engineering services, ISKER Gamma Tekfen JV for Projects in Kazakhstan. He has been awarded Leader of the Year award by National Business Rating in 2017.

Ritesh has worked in India, Qatar & CIS countries like Kazakhstan and has extensively travelled to countries like Russia, UK, USA, Europe, Mozambique, Korea, Kuwait, UAE, China, Malaysia, Singapore, Turkey and Ghana to secure projects. He has been felicitated as Leader of the Year by National Business Rating, Kazakhstan and accomplishment awards by KazService. He has also featured in several Oil & Gas Business magazines and publications.

He is a staunch supporter of the Local content program and has been quite vocal in his support for the local vendors and subcontractors. During his tenure with the various companies that he has worked for he has promoted local vendors and subcontractors for potential opportunities on major EPC projects through local content workshops. Ritesh has been listed among the top 20 Expatriates in Kazakhstan who have contributed to the maximization of Local content /in country value in Kazakhstan.

SPECIALTES/ SKILLS

Business Development/ Marketing/ Planning, Project Controls, Cost Control, Project Management, Tenders, Proposals, Contracts Administration, Subcontracts Management.

 QUALITIES

Go Getter, Task Master, Leader, Motivator, Communicator, and Ability to get along with People.

LANGUAGE

 English ( Native Speaker) , Russian ( Advanced) , Portuguese ( Basics) , Hindi ( Native Speaker , Kazakh ( Beginner).

LANGUAGE

Clean Energy, Renewables, Hydrogen, Energy Transition, Decarbonization/Net Zero

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