About Us

Proven Track Record

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

2020

Jingemia Field farmout process successful with Metgasco Ltd (ASX:MEL), Vintage Energy Ltd (ASX:VEN) and Refine Energy Pty Ltd. iSwitch consolidates its position as the #3 largest energy retailer in Singapore with 105,000 customers.

2019

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

2018

Jade Energy is spun off 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.

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Who we are

Board of Directors

Doug King
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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
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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
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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
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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.
Senthil Kumar
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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
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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
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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.