The Blue Circle, a wind energy project developer in the Southeast Asia, has appointed Varabott Ho as a new member to the Company’s Board of Directors today, extending the board’s size to six members.
“I am very pleased to welcome Varabott Ho to our Board of Directors” said Olivier Duguet, chief executive officer of The Blue Circle. “He will bring not only his extensive international financial experience but also his understanding and knowledge of the new Cambodia emerging economy.”
Cambodia had 2,008 MW installed and 58 percent households electrification rate as of December 2016. The country is still dependent on its imports for 24 percent of its energy supply and has planned to add 1,335 MW of new power capacity by 2024.
Varabott Ho has more than 20 years working experience in the banking and finance industry across Europe and Asia Pacific. He worked in Private Banking at Banque Indosuez and Banque Hottinguer before becoming Senior Investment Manager at Credit Suisse in Paris, London and Zurich.
In 2010, Varabott specialized in emerging markets at Axa in France and Leopard Capital in Cambodia. He is now General Manager of the Institute of Banking & Finance Cambodia, founded by The Association of Banks in Cambodia to provide training to the banking and finance community in Cambodia. Varabott has acted as an advisor to The Blue Circle since 2013.