Proven Track Record

Jade Energy was formed in 2018 from the existing RCMA Energy businesses.

2020

Jingemia Field oil process successful. Farmout agreement implemented with Metgasco Ltd (ASX:MEL) and Vintage Energy Ltd (ASX:VEN). iSwitch acquires 100,000 customers.

2019

iSwitch acquires 75,000 customers and growing. Electronic submersible pumps installed at Jingemia to further develop Jingemia field and farmout process begins.

2018

Jade Energy is formed from existing RCMA Energy businesses. iSwitch commences serving the residential market. RCMA Australia acquires a 93.72% interest in and takes operatorship of the Jingemia Field. SGX market-making activities under the Futures Incentive Scheme started on 1 Aug 2018.

2017

iSwitch served more than 3,000 commercial accounts.

2016

RCMA Group rebrands its subsidiaries under the 'RCMA' name. Acquired 65% interest in production license for the Jingemia Field.

2015

RCMA Group establishes RCMA Energy. Begins trading in Australian and Singapore exchange listed and OTC electricity contracts. Receives its Singapore Electricity Retail licence. iSwitch, our electricity retail subsidiary was formed.

Who we are

Board of Directors

Doug King

Doug spent 10 years of his career with Cargill, where he was Head of UK Grain and Non Grain Feed Ingredients business in the late 1990s before moving to become the Trading Head of Cargill’s Global Petroleum Trading business in Geneva. Doug graduated with a Bachelor of Science (Honours) degree in Mathematical Engineering from Loughborough University, England in 1990.

Michael Coleman

Michael Coleman has over 35 years of experience in commodity trading, starting out in Cargill before managing RCMA Asset Management Pte Ltd with Doug King. Michael is currently Chairman of SGX’s Rubber Committee and Chairman of The Singapore International Chamber of Commerce Rubber Association. He holds a BA in Natural Science (Geology) from Exeter College Oxford.

Nigel Jones

Nigel has a 30-year investment banking record. As the former head of Morgan Stanley’s South Asia M&A and advisory group, he was responsible for building one of the region’s most successful advisory teams. Nigel has also completed a number of capital markets and cross border M&A and listed company transactions in many countries across Asia.

Management Team

David Maher

Chief Executive Officer

David is CEO and Executive Board member of Jade Energy Holdings. He holds a degree in Electrical Engineering and has 20 years’ experience in the Energy space. David specialises in identifying, building, resourcing and leading Energy related initiatives. He has successfully worked with Major Corporates, Private Equity, Government Agencies and Regulators globally.

Nicholas Chan

Chief Financial Officer

Nicholas leads Jade Energy as its CFO, providing leadership in financial matters while driving corporate development of the business. He brings with him over 20 years of experience in energy companies such as Pacific Light Power and YTL PowerSeraya. His professional experience includes exposure in the broader Oil & Gas segment of Oil Trading, Transportation and Storage.

Senthil Kumar

COO (Retail)

Senthil possesses more than 15 years of experience in the electricity business in Singapore. He has performed multiple roles ranging from Business Analysis, Pricing and Managing day to day operations. He joined iSwitch as General Manager to kickstart the Electricity Retail business. Senthil holds a bachelor’s degree in Engineering and an MBA.

Andrew Koscharsky

Chief Commercial Officer

Andrew has worked in the Asian Energy Markets across Power, Gas, Coal, Carbon and Retail for 20 years at various Funds and Utilities. In 2011, Andrew moved to Singapore to take advantage of the changing energy markets in Asia. He is now Chief Commercial Officer and is co-founder of iSwitch. He focuses on Trading, Risk and Commercial Partnerships and Opportunities. Andrew was formerly a Director of a Credit Union in Australia and holds degrees in Psychology and Commerce.

Aveline Chan

General Counsel (Legal & Corporate Affairs)

Aveline oversees the legal, compliance, and corporate secretarial functions of the RCMA Group, including corporate affairs, with a focus on finance and M&A. She has 11 years of experience in litigation and oil & gas, and joined RCMA from Gunvor. Aveline is an advocate and solicitor of the Supreme Court of Singapore. She holds a Bachelor of Laws (Hons) from the National University of Singapore and is reading a Masters of Laws with the University of London.

About Us

Proven Track Record

2020

Who we are