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Mr. Morrell has over 35 years of professional financial management experience in the private and public sectors. Mr. Morrell was a staff member of the World Bank for over 22 years with about 10 years of project experience in East Asia and an additional 12 years of project experience in Eastern and Southern Africa where he was a Lead Operations Officer responsible for leading teams in the design, implementation and evaluation of projects primarily in the areas of urban infrastructure development and institutional reform. Prior to joining the World Bank, Mr. Morrell served as the Treasurer of a corporation and later as the Controller of a division of a major corporation. Since retiring from the World Bank, Mr. Morrell founded FEI Consulting LLC and has participated in a number of development projects throughout the world involved with strengthening the financial management and institutional capacity of utilities in the water supply and sanitation sector and local governments. A focus of Mr. Morrell’s work has been on enabling utilities, sub-national entities and local governments to deliver sustainable services, and to gain access to domestic financing to help close the current infrastructure financing gap.Some of his policy-oriented activities include supporting the World Bank in developing the Water Utility Creditworthiness Initiative to guide the development of creditworthy utilities. He has also advised local governments on how to access domestic financing for urban infrastructure, and he has advised the Kingdom of Saudi Arabia on the development of a strategy to develop financially sustainable municipalities. He led a team to design a regulatory framework for the water supply and sanitation sector in Bangladesh, and was a team member in advising the World Bank developing a new approach to regulating water and sanitation services in developing countries. Mr. Morrell has also led and/or participated in projects designed to improve the operating and financial performance of water and sanitation utilities and local governments throughout the world including serving as the Project Director on a team contracted to serve as the transaction adviser to bring a performance-based contract to Jamaica to reduce the levels of non-revenue water on the northern coast of the country. Mr. Morrell has an MBA in finance, is a Certified Public Accountant and a Chartered Global Management Accountant.Specialties: Public Financial Management, Institutional Analysis, Infrastructure Planning, International Development
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Managing DirectorFei Consulting, Llc Apr 2008 - PresentFairfax, Virginia, UsaAfter retiring from the World Bank in 2007, Mr. Morrell established FEI Consulting LLC which is a Virginia (USA) based multidisciplinary consulting firm. The primary focus of FEI Consulting is to assist governments to deliver sustainable services. Through FEI, Mr. Morrell has participated in a number of consulting assignments in the areas of financial management, institutional assessments, financial modeling and financial analysis for a number of clients. Some specific consulting assignments have included:- Supported the World Bank in designing a training program to develop creditworthy water utilities- Drafted a toolkit for MCC to develop creditworthy water utilities-Supported the Government of Ghana in an assessment of the borrowing capacity of selected municipalities-Led a team of PFM specialists in the mid-term review of Uganda's FINMAP III - Participated in a study for the World Bank regarding regulatory experiences in water utilities in developing countries- Supported MCC/MCA in Zambia to strengthen the capacity of Lusaka City Council regarding solid waste management- Advised a team from the World Bank in developing strategies to strengthen local governance and financial management systems in the MENA Region- Led a team to advise the Government of Bangladesh regarding the establishment of a regulatory framework for the water supply sector including designing an independent regulatory commission- Led a team conducting an assessment on the state of Institutional and organizational management of local authorities and fiscal decentralization in Lesotho-Co-authored the chapter on Expenditure Management in the book Municipal Finances published by the World Bank - it addressed topics such as multi-year budgeting and capital investment plans, managing tariffs and subsidies, expenditure management systems, monitoring and evaluation of capital and recurrent expenditures, procurement and contract management, and oversight -
Lead Operations OfficerThe World Bank Feb 1995 - Dec 2007Eastern And Southern AfricaResponsible for overall leadership of teams created to evaluate and supervise investment projects involving local government reform/strengthening, public sector financial management, infrastructure development and capacity building in Eastern and Southern Africa. Technical responsibilities included evaluating financial and management issues, management information systems, and control procedures in place in key government agencies. Worked with senior government officials to design and implement mutually agreed-upon projects. -
Senior Financial AnalystThe World Bank Aug 1985 - Feb 1995East AsiaLed teams of experts to evaluate, appraise, and supervise investment projects in transportation, urban development, and housing in 7 countries in Southeast Asia. -
Consulting ManagerArthur Young And Company Aug 1984 - Jul 1985Washington Dc-Baltimore AreaManaged teams of consultants on projects with US government agencies attempting to introduce improved management controls and reporting systems that were similar to those used in the private sector.
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Controller Of The Chemicals DivisionMartin Marietta Corporation 1983 - 1984Washington Dc-Baltimore AreaOversaw all accounting and financial activities of three separate operating divisions with international operations.
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Frequently Asked Questions about Lance Morrell
What company does Lance Morrell work for?
Lance Morrell works for Fei Consulting, Llc
What is Lance Morrell's role at the current company?
Lance Morrell's current role is Managing Director at FEI Consulting.
What is Lance Morrell's email address?
Lance Morrell's email address is la****@****ail.com
What is Lance Morrell's direct phone number?
Lance Morrell's direct phone number is +170397*****
What schools did Lance Morrell attend?
Lance Morrell attended University Of Pennsylvania, University Of Richmond.
What skills is Lance Morrell known for?
Lance Morrell has skills like International Development, Capacity Building, Governance, Policy Analysis, Strategy, Government, Public/private Partnerships, Economic Development, International Relations, Financial Modeling, Rural Development, Managerial Finance.
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