With a distinguished career in the energy industry, Patrick excels in surpassing business goals and expanding company objectives. His expertise encompasses identifying new opportunities, executing strategic budgets, and enhancing product quality. A seasoned leader, he guides teams towards high performance, underpinned by a strong belief in transparent reporting. With a comprehensive understanding of risk management and compliance, he has fostered a positive, safe, and productive business environment. They hold a Master of Business Administration (MBA) from Arcadia University, and a Diploma in Nautical Studies from Singapore Polytechnic.
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Chief Financial OfficerSalad Ventures Feb 2022 - Dec 2023SingaporeBased in Singapore, I oversee finance operations, including treasury, tax, compliance, procurement, and listing of the project tokens on crypto exchanges. I engage in regular interactions with senior stakeholders, providing strategic business views and directing the finance and investment team. I'm also responsible for risk and compliance management, while establishing and nurturing relations with senior management and external partners.
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Asia Region Chemicals/ GasVopak Aug 2020 - Feb 2022SingaporeResponsible for revenue and profit generation for the Singapore chemicals terminals, I take charge of cultivating and nurturing meaningful relationships with external stakeholders and industrial partners. I orchestrate regular dialogue sessions with market participants, aimed at gathering market intelligence and identifying potential business partnerships and customers.I play a pivotal role as a team member in the development and execution of the company’s mid and long-term commercial strategy. A notable achievement includes initiating and leading an overhaul plan for a 50-year-old chemicals terminal on the Singapore mainland. I engaged and negotiated with an Oil Major to relocate its Lubricant blending plants within the terminal. This strategic move is poised to significantly enhance the terminal’s overall revenue, utilisation rate, and diversify its functionality, all while being mutually advantageous for the client. -
Business Director | Hsse Board Chairman | Board DirectorSinopec International Petroleum Service Corporation Sep 2013 - Dec 2018Hong Kong SarI spearheaded the inception of the International Terminal division, focusing on expanding its global presence, acquiring and optimizing terminal assets, and ensuring operational excellence. Reporting directly to the CEO, I oversaw subsidiary terminal businesses, ensuring revenue growth, operational efficiency, and safety compliance. Additionally, I served as a board member and chaired the HSSE Board.Guiding existing terminal management teams, I aligned international storage terminal goals and strategies with the company's vision. I played a key role in identifying business opportunities and securing strategic storage agreements, significantly contributing to surpassing revenue targets.Leading international business development, I conducted due diligence on potential terminals, refineries, and oil installations. I established and nurtured relationships with senior management, partners, and stakeholders.Key Achievements:- Acquired shares in Vesta Terminals and Fujairah Oil Terminal, launching the International Terminal division.- Managed 2.3M CBM storage capacity across Antwerp, Rotterdam, Amsterdam (ARA), and Fujairah.- Oversaw the establishment of a $325M, 1.17M CBM integrated petroleum storage terminal.- Led terminal refinancing, improving loan terms for more profitable outcomes.- Sustained monthly growth, maintaining over 90% terminal occupancy through strategic commercial approaches and industry networking.- Achieved 1M safe man-hours, fostering a positive, safe business environment as Board HSSE Chairman.- Enhanced organizational efficiency and facilitated informed decision-making by introducing IoT solutions. -
Regional Commercial Manager – Asia PacificOiltanking Sep 2005 - Sep 2013SingaporeI joined as Sales and Logistics Manager, overseeing commercial storage agreements at the Singapore terminal. Collaborating with terminal operations and traders, I orchestrated blending, vessel alongside, and pipeline transfer schedules.Progressing to Regional Commercial Manager, I ensured profitability and revenue optimization across Asia's subsidiary terminals. Reporting to the Regional CEO, I managed and reported on revenue from these terminals. Collaborating with regional commercial teams, I aligned company goals, identified opportunities, and secured strategic storage agreements, surpassing revenue targets.Managing business development initiatives, I conducted due diligence on potential acquisitions, fostering relationships with stakeholders and senior management.Key Achievements:- Negotiated key contracts, maintaining over 95% occupancy in Singapore and Indonesian greenfield terminals.- Achieved 70% EBITDA and surpassed $100 million in annual revenue.- Expanded Singapore terminal by 900,000 CBM storage capacity.- Successfully negotiated pipeline connections to enhance terminal functions.- Increased Singapore's storage market share, bolstering the company's reputation.- Led a $285M petroleum terminal acquisition in Singapore.- Played a pivotal role in developing terminals in Merak and Karimun, Indonesia.
Patrick Tan Education Details
Frequently Asked Questions about Patrick Tan
What is Patrick Tan's role at the current company?
Patrick Tan's current role is Chief Financial Officer at Salad Ventures.
What schools did Patrick Tan attend?
Patrick Tan attended Arcadia University.
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Patrick T.
Head Of Wider Asia @ Aurora Energy Research | Driving Energy Transformation In AsiaSingapore -
Patrick Tan
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