FIRM PROJECT REFERENCES

Finance


  • Africa Region –Program of Workshops on Risk Mitigation Needs and Solutions in Africa – Led a series of workshops across Africa on financial tools available to engage the private sector and attract private sector financing on PPP and other projects (AfDB, 2012-Present)
  • Africa Region – Needs Assessment for Risk Mitigation in Africa – Conducted a demand-side analysis of the need for risk mitigation in Africa by surveying government officials, insurance providers, investors, NGOs, and other stakeholders on risks and perceived risks in Africa
  • Africa Region – Independent Review of AfDB’s Non-Sovereign Operations – Reviewed the AfDB’s non-sovereign operations (NSO) portfolio based on comprehensive interviews and a qualitative and quantitative analysis of the portfolio’s investments in projects, including promoting private sector development (AfDB, 2011-2012)
  • Barbados – Barbados Development Bank & Barbados National Bank – Analysis & Restructuring – Conducted a review of the internal operations and strategic plans of the two Banks and developed restructuring options (IDB, 1995-1997)
  • Cape Verde – Growth and Competitiveness Project – Project to Create the Postal Bank of Cape Verde – Provided the basis and the technical guidelines to allow the Postal Service of Cape Verde to analyze the market, develop an institutional solution and conduct a financial feasibility to explore the possibility of creating a Postal Bank in Cape Verde (Ministry of Economy, Growth and Competitiveness of Cape Verde, 2005-2006)
  • Central Africa – CEMAC Region – Development of Long Term Finance Capacity – Provided technical assistance to the regional development bank, the Banque de Développement des Etats de L’Afrique Centrale (BDEAC), to help the institution implement its business plan (Emerging Markets Economics Ltd, 2003)
  • China – Pension Reform -Component A : Development of Administrative System and the Legal, Regulatory and Supervisory Framework Underpinning the New Pension System – Assisted in the implementation of the administrative system for the unified pension system; provided advice on appropriate design, including software and hardware needed for the implementation of an efficient pension system administration; assessed proposals and presented recommendations for legal reform needed to implement pension system reform; provided advice and assistance on the implementation of the regulatory and supervisory system for the pension system; continued assessment of actuarial, financial, and economic implications of reforms (ADB/Ministry of Finance, 2000 – 2001)
  • Cook Islands – Review of Pension (Superannuation) and Insurance Schemes – Engaged on a technical assistance to review and revise the current superannuation pension and insurance schemes, as well as welfare benefits covering public and private sector employees with regard to their breadth of coverage, adequacy and comprehensiveness of the benefits and protection provided, as well as funding and long-term sustainability (Asian Development Bank, 2001)
  • Ethiopia –National Bank Of Ethiopia Human Resource Management (HRM) System – Reviewed, commented, and assisted in the implementation of the comprehensive restructuring study recommendations prepared by KPMG via-a-vis the ongoing HR Business Process Re-engineering Project in the Bank, which was expected to bring radical changes in the HRM Process (The National Bank of Ethiopia (NBE), 2010)
  • Ethiopia –Strengthening the Framework for Banking Regulation and Supervision for the National Bank of Ethiopia – Provided consultancy services to the National Bank of Ethiopia with an aim to modernize and strengthen the regulatory and supervisory activities of its Banking Supervision Department, including developing a framework for the implementation of International Finance Reporting Standards and International Auditing Standards, draft regulations for a Deposit Insurance Scheme and recommendations on IT-based bank supervision ( National Bank of Ethiopia, 2010)
  • Gambia -Study of Options For the Divestiture of Social Security and Housing Finance Corporation – Conducted a comprehensive diagnostic of the Social Security and Housing Finance Corporation (SSHFC) in Ghana in order to ascertain sustainable divestiture solutions (Government of Gambia, 2003-2006)
  • India – Preparing the Bond Guarantee Fund for India – Under contract to CRISIL, assisted in developing a business plan for the Bond Guarantee Fund for India (Asian Development Bank, 2014-2015)
  • Jamaica – Evaluation of Strategic Options for the Reform of the Development Bank of Jamaica’s Wholesale Lending Windows for Agriculture -Provided a set of strategic options that would reduce operating losses, improve the quality of service provided to clients and improve efficiency of the Development Bank of Jamaica Limited (Development Bank Of Jamaica (DBJ)/Inter-American Development Bank (IDB), 2009)
  • Kyrgyzstan – Central Collateral Registration Office (CCRO) Expert – IOS’s Director of IT was hired to develop and design documentation for a modernized movable property collateral registration system, including the Terms of Reference for procurement of the software (Ministry of justice of the Kyrgyz Republic, 2015)
  • Laos – Design, Development and Implementation of a Secured Transactions Registry System – Established a legal and institutional framework and designed and implemented an operational moveable property registry to facilitate and improve access to credit by the Small Medium-Sized Businesses (SME) sector in Laos (WB/IFC, Ministry of Finance Laos, 2013)
  • Macedonia –Capital Market Regulatory Strengthening: Bank and Non-Bank Financial Institutions Strengthening in Macedonia – assisted in redesigning the pension system for Macedonia and strengthening the country’s emerging private pension fund system. Advised the government in their efforts to stabilize the state-run pension systems and therefore reduce the government’s burdens on enterprises and government budgets (USAID and Emerging Markets Group, Ltd, 2004-2005)
  • Maldives – Enhancement of the Social Security System – Reassessed the existing social welfare and social security benefits, identified various issues on sustaining a viable financing structure, prepared a social policy framework in line with this sustainable financing model and existing budgetary constraints, and devised a new budgetary and public expenditure framework in line with existing cash and in-kind benefit entitlements (Asian Development Bank, 2002-2003)
  • Montenegro – Pension System Administration Investment Project – Increasing Tax and Contribution Compliance – participated as a sub-contractor to Arthur Anderson. With the goal of increasing tax and contribution compliance, the IOS team designed extended business processes related to central registration of insured persons and taxpayers (legal and physical entities), while capturing all relevant information for effective and efficient tax and contribution collection, control and enforcement as well as capturing data needed for core functions of the extra budgetary funds (pension, health and unemployment) (Ministry of Labor and Social Affairs, 2005-2007)
  • Moldova -Tender for Support to Public Debt Management in Moldova Project – Responsible for increasing the capacity of the Debt Management Department through improving the ability of the Department to provide the Ministry of Finance with comprehensive evaluations of the debt situation and to devise a reasonable proposal for improvement of the situation in the area of debt (Ministry of Finance of Republic of Moldova/Swedish Embassy/ASDI, 2004-2007)
  • Mongolia – Strengthening Mongolia’s Financial Sector Development – including Central Bank Strengthening – participated as major sub-contractor to Arthur Anderson to develop a more competitive, stable, and broad based financial system in Mongolia by increasing the efficiency of financial intermediation in the country. IOS was responsible for reviewing the existing structure and policies of the banking and financial sector and contributed to a comprehensive institutional reform matrix (Asian Development Bank 2001-2003)
  • Montenegro – Montenegro Pensions System Administration Investment Project – Increasing Tax and Contribution Compliance – Established a unified contribution collection system and developed a client database and other information systems in order to increase tax and contribution compliance (Ministry of Labor and Social Affairs, 2005-2007)
  • Montenegro – Reorganization and Operational Reform of the Central Bank of Montenegro (CBM)– IOS’s Director of IT assisted in the development of a functional bank supervision capability, the reorganization and operational reform of the Central Bank of Montenegro (CBM) and technical assistance on the International Accounting Standards (IAS) accounting conversion (CBM, 2001)
  • Nicaragua – Nicaraguan Social Investment Fund – managed the annual investment plan for the Nicaragua Social Investment Fund and assisted local entities with proposal writing and implementation of projects. IOS played an integral role to help the Nicaraguan Government obtain grant proposals for funding of projects, which led to more than 32 loans and grants worth more than US$ 500 million from bilateral and multi-lateral sources of funding including USAID, OPEC, EEC, and JAPANGRANTS (FISE Nicaragua, 2001-2005)
  • Nepal -Re-engineering of the Nepal Central Bank (NRB) and Supervision of Commercial Bank Restructuring – Provided comprehensive technical assistance to support the NRB in implementing an extensive re-engineering program and enhanced NRB’s role through effective regulations and supervision, implementation of international standards, improved transparency and administrative practices and design of a program for the development and implementation of a modern central bank IT department (World Bank and Nepal Rastra Bank, 2003-2006)
  • Republic of Georgia – FIRST Initiative – Georgian Insurance Supervisory Strengthening – the overall goal of the FIRST Initiative project was to develop a well-supervised and regulated insurance industry in Georgia, in order to meet the demands of the economy for risk protection and help stimulate investment growth. IOS was responsible for the insurance and supervisory capacity diagnostic of the project, as lead firm under the IQC award (The Insurance State Supervision Service (ISSS), 2003-2004)
  • Russia -Improvement of Corporate Governance Mechanisms in Russia – Improved the policies, laws, and regulations of capital markets and established sound corporate governance mechanisms with the goal to build up investor confidence and enhance private sector competitiveness in Russia (World Bank, 2006)
  • Slovakia -Public Finance Management Reform Project – Development of the Training System for the Ministry of Finance and the State Treasury Clients – Designed and implemented a permanent training system for the employees of the State Treasury and Debt and Liquidity Management Agency and for State Treasury clients (World Bank, Ministry of Finance of the Slovak Republic, 2004-2006)
  • Solomon Islands – Strategic Review of Solomon Islands National Provident Fund – Identified key policy issues to be addressed as well as deficiencies in the organization, including in legislation and finance, and provided recommendations and strategies for strengthening the National Provident Fund (World Bank, 2000)