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About Us

Mr Mark Leahy

Chairman (Non-Executive)

Mr Craig Ricato

Chief Executive Officer & Managing Director

Mr Ken Dark

Independent Director (Non-Executive)

Mr Ong Tiong Soon

Director (Non-Executive)

Mr James (Mun Foong) Yip

Independent Director (Non-Executive)

Linc Energy Director Board Member Mr Mark Leahy

Mr Mark Leahy

Chairman (Non-Executive)

Mark Leahy is a capital markets expert with 22 years’ of experience in the banking industry, holding high level positions for global investment banks such as Deutsche Bank, UBS, Nomura International and HSBC. Since 2014 Mark has been a Principal at M&A and capital solutions provider, Eaton Square, where he has been providing debt and market advice to M&A clients with a particular focus on facilitating the expansion plans of companies operating in Asia.

Prior to this role, Mark was a Non-Executive Director of former ASX listed Sherwin Iron Limited where he performed the role of Deputy Chairman during their restructuring process. Mark was also the Managing Director of Debt Origination and Syndication for Nomura International in Singapore where he was responsible for all primary debt risk taking in the region.

Mark was employed at Deutsche Bank from 2004 to 2009 in the role of Managing Director (Asian Regional Head, Global Risk Syndicate) where he built a market-leading primary debt syndication business and he was responsible for managing the bank’s primary investment book in Asian credit instruments, with exposures ranging up to over USD$1 billion. 

Mark has a Bachelor of Commerce (Finance and Accounting) from the University College Dublin. He has been representative of the National Association of Securities Dealers in the US, a representative of the UK Financial Services Authority and a Capital Markets Services licence from the Monetary Authority of Singapore.

Aside from his corporate finance career, Mark is also the co-founder and Executive Director of health and wellbeing retreat business, Legacy Retreats, and he is also an owner of a boutique vineyard in rural Australia. Mark has Irish and British citizenship and is a permanent resident in Singapore and Australia.

Linc Energy Director Board Member Mr Craig Ricato

Mr Craig Ricato

Chief Executive Officer & Managing Director

Craig Ricato joined Linc Energy in 2008 in the role of General Counsel & Company Secretary. He was promoted to Executive Director of Legal & Corporate Affairs for the Company in October 2010 where he was responsible for all transactional and corporate legal matters, including Linc Energy’s compliance with listing requirements in Australia and regulatory requirements within Australia and overseas. Mr Ricato has served as both an Executive Director and most recently as a Non-Executive Director on Linc Energy’s board since 2010 and was appointed CEO and Managing Director on 1 October 2014.

Mr Ricato has provided legal guidance to the Board and Company departments and managed various corporate functions within the Group, including the provision of legal advice during Linc Energy’s Oil & Gas acquisition program.

Craig Ricato brings a broad range of international corporate and commercial experience to Linc Energy across the energy and resources industry. Mr Ricato obtained a Bachelor of Commerce degree in 1991 and was admitted as a Legal Practitioner in the Supreme Court of Queensland and the High Court of Australia in 2001 after graduating with a Bachelor of Laws with First Class Honours. His early career background prior to joining the legal profession was in Forensic Accounting and law enforcement.

Linc Energy Director Board Member Mr Ken Dark

Mr Ken Dark

Independent Director (Non-Executive)

Ken Dark was appointed to the Linc Energy Board in October 2004 and was Chairman from September 2011 to October 2014. He began his early working life as an electrician before gaining tertiary engineering qualifications and ultimately managing an in-plant multi-disciplined project engineering team at Alcan’s Australian Smelter. At that time, projects included world-leading innovations in Industrial Process Control. Concepts Ken pioneered are still the mainstay of process control for the international aluminium smelting industry.  

In 1986, Ken left the corporate world and established a successful business in the fuel distribution and retail industry. He has represented fuel distributors and retailers, chairing the national marketing committees for two major fuel companies and leading the national franchise negotiation committee to the successful renewal of contracts with one of the oil majors. He is a founder and silent partner in a small chain of independent fuel and grocery outlets. Ken has also had experience in freelance management consulting and is a Graduate member of the Australian Institute of Company Directors.

 

 

Linc Energy Director Board Member Mr Ong Tiong Soon

Mr Ong Tiong Soon

Director (Non-Executive)

T.S. Ong (full name: Ong Tiong Soon) is a Singaporean, age 71.  He is the Chief Executive Officer of the Energy Division of Genting Berhad (“Genting”).  He started his working life with the Port of Singapore Authority, where he worked for 11 years.  Prior to joining the Genting Group (the “Group”), T.S. ran the Smorgan Sanyen Paper Mill in Singapore which he co-owned with the Smorgan family of Australia. During his tenure with the Group, T.S. led the development and operation of a number of substantial projects in the manufacturing, power generation and oil & gas sectors. His first project with the Group was to construct the Genting Sanyen Industrial Papermill in 1992 which then evolved into the largest paper and packaging complex in Malaysia. This business was sold to CVC when the Group decided to focus on the energy sector, comprising power generation and oil & gas exploration and production. 

In the power sector, T.S. developed and managed (through greenfield construction or acquisition) a portfolio of 7 power plants in 3 countries with total generation of about 4,600MW. The plants include the 720MW gas-fired Kuala Langat Power Plant (the first Independent Power Producer in Malaysia to sell electricity into the Malaysian power grid), a 724MW coal-fired power plant in China, and a 92MW wind farm in India.  Under the charge of T.S., the Group is currently building a 680MW coal-fired power plant in Jawa, Indonesia and a 2,000MW coal-fired power plant in China with the State Development and Investment Corp of China as joint venture partner.

In oil & gas exploration and production, the Group is focused in two familiar countries – Indonesia and China. Its first project was a joint venture with British Gas in the Muturi Block, West Papua, Indonesia. After gas was discovered in Muturi, the Group sold its interest to BP. Today, the Muturi Block along with other gas fields supply gas to the Tangguh LNG Project. Next came the discovery of oil in two offshore blocks, Northwest Natuna and Anambas in the Natuna Sea, Indonesia. TS’s main focus in Indonesia is the on-shore Kasuri Block in Irian Jaya, Indonesia, where very substantial gas reserves have been discovered during exploration. The Group is working to progress to the development phase of the block. In China, the Group very successfully operated the Zhuangxhi Buried Hill Enhanced Oil Recovery oil field in north eastern China for 12 years until its equity interests in the project were sold in 2010. At present, the Group owns a 57% interest in the Chengdaoxi Offshore Production Block in the north east of China. This joint venture with Sinopec produces more than 8,000 barrels of crude oil per day.

Linc Energy Director Board Member Mr James (Mun Foong) Yip

Mr James (Mun Foong) Yip

Independent Director (Non-Executive)

Yip Mun Foong also known as James Yip, has nearly 30 years’ banking experience with specific expertise in marketing and business origination, credit assessment, international capital markets, project finance and corporate finance. James’ additional experience of managing a wholly-government owned investment company specialising in airport investment and consultancy, and furthermore managing an investment holding company in coal mine operations, has not only enhanced his leadership ability, but has also provided him with valuable and diverse industry experience to round out his strong banking and finance skill set. From 2010 to 2012 James was an Independent Advisor to SC Fulfil Consulting Pte Ltd, where he provided advice on M&A, institutional and private equity, strategic direction and operational matters. Similarly, James also worked as an Independent Advisor to the Transportation Group of HSH Nordbank AG (Germany), where he provided strategic advice for the securing of financing opportunities in Asia in the transportation infrastructure sector. Prior to this James was managing a private investment holding company involved in the co- ownership and operations of open-pit coal mines in Indonesia. In addition to day-to-day operations, James was responsible for overseeing the trading of coal extracted, as well as opportunistic trading of other mineral resources such as nickel, manganese and iron to markets in Asia, most often to the People’s Republic of China. James has worked as the General Manager for Changi Airport Managers and Partners Pte Ltd, a wholly-owned subsidiary of the Civil Aviation Authority of Singapore, which specialises in the investment of overseas airports and the provision of airport management and consultancy services. In this role James had to interact with numerous external parties/agencies/consultants and frequently travelled to target countries to pitch investments to relevant authorities and to negotiate partnering/investment terms. For close to the three decades before this, James had been employed in the financial services sector, having held the positions of Vice President and Head of Capital Markets / Syndications for Overseas Union Bank, Director – Corporate and Trade Finance for Rabobank Asia, and Senior Director – Capital Markets and Global Private Equity of Continental Bank N.A. He had also held various banking positions with First Chicago, Amro, Toronto-Dominion and Barclays Bank. James is a member of the Singapore Institute of Directors, a Non-Executive Independent Director of Auhua Clean Energy plc, a mainland China company listed on the Alternative Investment Market (London) and he is Lead Independent Director of USP Group Limited, listed on the Singapore Exchange. James had also formerly been an Independent Director of Advance Modules Group Limited (Malaysia) and Zhenzhong Auto Components Limited (The Peoples Republic of China). He was also Lead Member of the audit committee of the Singapore Soka Association for three years until April 2012 as well as Vice Chairman of the School Advisory Committee of Outram Secondary School (alma mater) for the decade to July 2011. James has an Executive Diploma in Directorship jointly awarded by the Singapore Institute of Directors and the Singapore Management University. He holds a postgraduate Diploma in Management Studies from the Graduate School of Business, University of Chicago and a postgraduate Diploma in Financial Management from New York University. Residing in Singapore, James was appointed to the Linc Energy Board on 31 July 2015.