Paul Okon

Paul Okon Email and Phone Number

Regulatory Compliance | Energy Economics | Convener Ibom Energy Forum | Stakeholders Management | Energy Contracts | Energy Access & Sustainability | Sales & New Business Development | Demand Side Management @ Ibom Power
Paul Okon's Location
Uyo, Akwa Ibom State, Nigeria, Nigeria
About Paul Okon

An experienced Regulatory Compliance Officer with a diverse educational background, over 9 years in the Nigerian Electricity Supply Industry, and a proven track record in regulatory compliance, stakeholder engagement, planning and performance monitoring, electricity market, and contract management. I aim to leverage my expertise to ensure organizational adherence to regulatory standards. My experiences over the years have enhanced my ability to understand and navigate complex regulatory landscapes, interpret energy policies, assess regulatory requirements, and contribute effectively to ensuring compliance and sustainable energy practices.Holding an MBA and currently pursuing a master's degree in Energy Studies with a specialization in the economics of the power sector, I bring a unique blend of analytical rigor, business acumen, and specialized knowledge to the field of energy economics providing insights, analysis, and recommendations that help corporate executives, policymakers, government officials, and other decision-makers make informed energy-related decisions, understand the economic impacts of regulations, and set directions for their organizations or governments.I am dedicated to driving compliance excellence and fostering effective stakeholder relationships to support any organization's sustainable growth and regulatory integrity.

Paul Okon's Current Company Details
Ibom Power

Ibom Power

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Regulatory Compliance | Energy Economics | Convener Ibom Energy Forum | Stakeholders Management | Energy Contracts | Energy Access & Sustainability | Sales & New Business Development | Demand Side Management
Paul Okon Work Experience Details
  • Ibom Power
    Senior Compliance Officer
    Ibom Power May 2024 - Present
    Uyo, Akwa Ibom State, Nigeria
    Regulatory Compliance Interpret and ensure compliance with all relevant regulations, directives, codes, and standards issued by the Nigerian Electricity Regulatory Commission (NERC) and other government agencies. Monitor changes in regulatory requirements and implement necessary updates to company policies, procedures, and operational practices. Develop, implement, and maintain an effective compliance framework tailored to the specific needs of the Company. Conduct regular audits and assessments to evaluate compliance with internal policies, contractual obligations, and regulatory guidelines. Maintain accurate records and documentation for compliance activities, audits, and regulatory submissions. Prepare and submit compliance reports to regulatory authorities and senior management as required. Identify compliance risks and potential issues within operational processes and systems. Collaborate with cross-functional teams to develop and implement risk mitigation strategies and corrective actions. Conduct training sessions and workshops for employees to enhance awareness of regulatory requirements, compliance obligations, and ethical standards. Promote a culture of compliance and integrity throughout the organization. Serve as the primary point of contact for regulatory inquiries, inspections, and audits. Build and maintain positive relationships with regulatory authorities, industry associations, and other stakeholders. Monitor industry trends, best practices, and emerging regulatory issues to recommend and implement improvements to compliance programs and operational procedures. Participate in industry forums and working groups to stay informed and contribute to regulatory discussions and developments. Supervise the computation of the NESI KPIs report and ensure timely submission to the regulatory authority (NERC). and CBN-NEMSF.
  • Ibom Power
    Commercial Services Supervisor
    Ibom Power Jan 2022 - Jul 2024
    Uyo, Akwa Ibom State, Nigeria
    Business Intelligence Analysis Gather data about the energy market, analyze it, and present reports on market trends. Liaising with a wide range of stakeholders, understanding their requirements, and ensuring they are met effectively. Collect, clean, and analyzed electricity generation data. Visualize data insights and communicates findings to the management for decision-making. Validates assumptions & prepares energy generation forecast. Provide analysis and detailed strategic actionable recommendations for process optimization.  Create insightful automated dashboards and data visualizations with Excel and Power Bi to track key business metrics and transform raw data into meaningful and actionable information. Creating and following processes to keep data confidential. Utilized MySQL, Excel, & Power Bi visualization tools for data intelligence & analysis.Contract Management Provide support and coordinates key company’s contract with NBET, ACCUGAS; maintain and provide accurate commercial data needed for reconciliation of account. Monitor and advise on contractual performance, obligations and variations, and sector intervention funds. Supervise the preparation, submission, and follow-up of energy invoices to NBET. Assists in the management of client relationships and identifies opportunities for new contracts. Managed all communications with stakeholders in the Nigerian Electricity Supply Industry. Supervise the analysis of the Nigerian Electricity Supply Industry (NESI) KPIs and ensure timely submission of reports to the regulatory authority (NERC) and Nigerian Electricity Market Stabilization Facility Manager (CBN-NEMSF).
  • Ibom Power
    Commercial Officer
    Ibom Power Jan 2018 - Dec 2021
    Uyo, Akwa Ibom State, Nigeria
     Analyze Nigerian Electricity Supply Industry (NESI) KPIs and ensure timely submission of reports to NERC and Nigerian Electricity Market Stabilization Facility Manager (CBN-NEMSF). Monitor and analyze the evolution of energy policies and relevant activities within the NESI, making recommendations to the Commercial Manager for management actions.  Monitor and track yearly corporate goals and KPIs using the approved performance metric in the balanced scorecard. Assess the institutional and regulatory environment of the Nigeria Power Sector and identify opportunities for government support. Provide due diligence information to prospective investors. Serve as a link between the Commercial Department and the Liaison Office to provide required information on commercial matters, regulatory filings, etc.
  • Ibom Power
    Planning/Performance Officer
    Ibom Power Dec 2014 - Dec 2017
    Ikot Abasi, Akwa Ibom State, Nigeria
    Maintenance Planning  Generate Work Orders for both preventive & corrective maintenance of the gas turbine and its supporting systems Managed maintenance activities database and tracked status regularly. Assisted in the development of annual maintenance schedules. Maintain liaison with relevant units to ensure effective planning, scheduling, and coordination of all maintenance work performed in the plant. Maintain records and files essential to meaningful analysis and reporting of maintenance-related matters.Corporate Performance Monitoring Responsible for tracking and monitoring Ibom Power corporate performance using a cascaded balanced scorecard. Inspire and maintain the strategic focus of the workforce by linking individual performance to overall company strategy. Monitor and analyze daily plant O&M/safety performance and supervised updates on the company plant scoreboard and website. Worked with the corporate media team to ensure business results are communicated to employees, shareholders, and customers showing areas for continuous improvement.
  • Dewolsela
    Data Analyst
    Dewolsela Feb 2013 - Nov 2014
    Lagos, Lagos State, Nigeria
     Compile, identify trends, and evaluate data to support the E-Commerce team in decision-making Identify and track KPIs on web traffic and lead conversion funnels  Monitor user engagement levels from both website and email communications. Track new member subscriptions, cancellations, and retention of clients by member level Measure and monitor the adoption of new features and post-production builds  Regular data extraction from internal DB (SQL), Google Analytics, Marketo, and Salesforce Assist in list pulling, list management, and results monitoring of email campaigns Own the user registration process and profile completeness to identify areas for improvement.

Paul Okon Skills

Project Management Business Process Improvement Performance Management Data Analysis Governance

Paul Okon Education Details

Frequently Asked Questions about Paul Okon

What company does Paul Okon work for?

Paul Okon works for Ibom Power

What is Paul Okon's role at the current company?

Paul Okon's current role is Regulatory Compliance | Energy Economics | Convener Ibom Energy Forum | Stakeholders Management | Energy Contracts | Energy Access & Sustainability | Sales & New Business Development | Demand Side Management.

What schools did Paul Okon attend?

Paul Okon attended University Of Uyo, University Of Uyo.

What are some of Paul Okon's interests?

Paul Okon has interest in Politics, Education, Economic Empowerment, Poverty Alleviation.

What skills is Paul Okon known for?

Paul Okon has skills like Project Management, Business Process Improvement, Performance Management, Data Analysis, Governance.

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