Krishnadath Ramlogan – General Manager
National Enterprise Limited

On April 21, 2014 Krishnadath Ramlogan, brother of Trinidad and Tobago Attorney General Anand Ramlogan was appointed to the post of general manager.

He was appointed following a need by the Board of Directors for NEL to start experiencing growth.

According to the Board, pertaining to Ramlogan’s appointment, “we looked for the person with the requisite skills in management, accounting, investment banking. We think we found the person with the requistie skills and experience.”

Ramlogan is a graduate of the ACCA program and the UWI Institute of Business, executive management

The following edited extract was taken from the company’s Annual Report to shareholders.

Our results reflect a very satisfactory performance. This good performance is in a period of low oil and gas prices and has been the result of prudent management of the Company’s portfolio.

Three years ago, the Board devised and embarked on implementing a strategic plan that included five main pillars:
• Diversification of NEL’s investment portfolio into other sectors including
Power and Utilities, Financial Services and Downstream Energy
• Strengthening of management
• Monitoring performance of investee companies and contributing to strategic direction
• Investment and management of cash resources to generate better returns
• Increasing overall shareholder value and long term stability of earnings (less exposure to the vulnerability of Oil and Gas prices)

NEL’s results are a reflection of the Management’s execution of that strategic plan over the last three years, resulting in significantly better earnings in a period where Oil and Gas prices have seen a significant reduction.