Lead M&A

Closing Date

27 November 2024 (Wednesday)

Title

Lead (M&A)

Reporting To

Head (M&A)

Mission (Sources of Values)

To establish and drive major renewable energy (RE) initiatives in order to spur growth and sustainability of the New Energy Division (NED)’s investments and provide support to other divisions of Tenaga Nasional Berhad (TNB).

Accountability & Responsibility

• Lead activities/ projects (e.g., due diligence, valuation, negotiations, transaction closing) relating to the acquisition or divestment of investments.
• Identify potential new acquisition synergies and lead the development of post-deal integration plans to enable the realization of identified synergies and limit disruption to business operations.
• Responsible for developing (di)investment proposals/ papers for approval by the relevant authorities. 
• Drive major initiatives under the direction of the Head (M&A), relating to special situations e.g., financial and operational restructuring and turnaround initiatives on underperforming assets, to safeguard investments’ value. Key tasks include stabilizing core operations, formulating and managing turnaround plans, evaluating strategic options to maximize value during restructuring processes, and negotiating with senior management and key stakeholders.

KPIs

1. Total portfolio EBIT
2. Total shareholder value
3. Total RE capacity
4. Deliverables of restructuring / turnaround plan

End Products

1. Ad hoc/ annual review
2. NED Investment Playbook: M&A
3. New RE investments/ divestments
4. Restructuring/ turnaround plan

Competencies

Education

1. A degree in a related field, e.g. Finance/ Accounting/ Engineering/ International Business.

2. A master's degree in a related field is an advantage.

Experience Requirements

At least 15 years of experience in the power or related industries; the following experiences are an added advantage:

• Investment assessment and acquisition
• Investment management and monitoring
• Turnaround/ restructuring initiatives

Networking & Relations

• TNB Board of Directors
• Relevant international/ domestic investment
• Banks
• TNB future partners/ fund manager
• Head of Divisions/ Departments
• TNB Leadership Group
• Various business partners from TNB Group
• Relevant international/ domestic advisers for Technical, Market, Financial, Legal teams and Regulators