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Enron Mail |
Sally,
The draft for your review and comments, as promised. The sooner I can get this out, the sooner the trading floor gossip will stop. (no such thing as a secret in Enron is there?). Many thanks Fernley In view of the continued integration of a number of Enron global functions, I am pleased to announce that the European Trading Support functions will, with immediate effect, be consolidated into one operational unit. This unit, to be headed by Barry Pearce (VP of Trading Support Operations) and based in London, will include the European Gas, European Power and the Global Liquids groups. This newly created unit will work within the remit of Global Risk Management Operations and will adopt the following core responsibilities in Europe. 1. Enhance communication and integration among all trading support operations professionals. 2. Assure the proliferation of best operational practices. 3. Facilitate the allocation of human and systems resources. 4. Provide key training for all trading support operations personnel. 5. Co-ordinate user requirements for shared operational systems. 6. Work with ECT NA to oversee the creation of a global internal control audit plan for trading support activities. 7. Establish procedures for opening trading support operations offices and create key benchmarks for measuring on-going trading risk controls. In this role, Barry and his team will ensure that all Enron operations in Europe meet the extremely high standards of trading support we expect throughout our organisation. Barry will report directly to myself and also to Sally Beck in her capacity as head of Global Risk Management Operations. Barry has been involved in the European Energy Operations function since 1993 and manages risk management administration, risk consolidation and reporting, contract administration, contract settlements, cash management and trading accounting for ECT Europe's physical commodity trading, energy derivatives trading and financial products trading. He has been with Enron since 1992, when he joined the company from Arthur Andersen. Please join me in congratulating Barry in his new role and supporting him and his team in this exciting challenge they have ahead.
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