Rich commenced his 31 year career in commodities primarily focusing on risk management, first as a commodities trader in energy and non-ferrous metals, prior to serving in senior management roles during the last 12 years of his career
Rich became the General Manager of Global Risk during the global financial crisis in 2009 and his focusing on market, credit and performance risk for all of BHP. Rich was key in shifting BHP’s focus to managing performance risk which partially contributed to the company moving toward the use of floating price for traditionally fixed price commodities. He was also accountable for the enterprise risk of large credit failures of counterparts and unauthorized trading. Rich then became the Vice President Global Business Management Systems where he was responsible for a team of 150 people to design, project manage, and implement the ERP system encompassing the entire revenue line of BHP. As part of this role, Rich’s team performed a number of risk reviews to ascertain the potential impact of software failure on the company’s commercial operations. Rich moved to become the Vice President of Analysis and Improvement in late 2016 and subsequently was responsible for the development of the commercial strategy in Marketing and Supply prior to his retirement in August 2018.
Since leaving BHP Rich is serving on the Investment Committee for the investment fund of the Business Angels Network of South East Asia (“BANSEA”), is an executive in residence for IMD South East Asia and is the primary investor and CEO of ATP Fitness, a personal training fitness business with locations in Singapore and Hong Kong.
Rich has a bachelor’s degree in Petroleum and Natural Gas Engineering from Pennsylvania State University and an MBA from the International Institute of Management Development (“IMD”) in Lausanne Switzerland.
Rich considers Singapore his home, having lived there for almost 30 years and is a permanent resident.