RIC appoints new Executive Director

The Regulated Industries Commission (RIC) has a new Executive Director - Dr James Lee Young.

The appointment, announced today, became effective on August 1, 2017.

The RIC noted that Lee Young has more than 25 years’ experience in various sectors including Energy, Utility, Manufacturing and Service, both locally and internationally.

Lee Young has held senior executive and leadership positions in organisations such as Shell International, British Borneo, Venture Production, Ten Degrees North Energy Limited as well as briefly held the post of CEO of the Water and Sewerage Authority of Trinidad and Tobago (WASA).

The RIC said Lee Young "brings a range of competencies in business, economics, finance, organisational transformation and project management" to the commission.

Lee Young served as the President of the South Trinidad Chamber of Industry and Commerce, which under his leadership was restructured to the Energy Chamber of Trinidad and Tobago. He continues to hold directorships within the finance and services industry.

The RIC's Board of Commissioners and staff yesterday offered a warm welcome to Lee Young, expressing confidence that "his unique blend of training, knowledge and experience will allow him to deliver the highest level of performance to the RIC."

The RIC is the statutory body that regulates the Water, Wastewater and Electricity Sectors in Trinidad and Tobago.