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Pete Power (1969 - 2018) was the CEO of Angkor Mikroheranhvatho (Kampuchea) Co. (AMK), the largest microfinance institution in Cambodia in terms of borrower numbers.[1] AMK currently provides credit to about 300,000 customers or 10% of the households in Cambodia. Power successfully led AMK and its 1,000 staff through the Great Recession and subsequently embarked on a strategic transformation process to change AMK from a rural credit-only organization to a provider of a broad range of financial services, including savings, credit, money transfers, mobile banking, and various other innovative financial services.[2]
Biography
editPower grew up on a dairy farm in Rathgormack, County Waterford, Ireland and attended Rockwell College high school. He was award the first Dermot Harris Memorial Scholarship to the University of Scranton.[3] Power earned a Bachelor of Science in International Relations and Philosophy from the University of Scranton, followed by an MA in European Integration from the University of Limerick.
In 2002, Power co-founded a speciality consulting and software company, Claritee Group.[4] Claritee focused on corporate performance management solutions. After building the company to over $3 million in revenue, Power left Claritee in 2005 and joined the NGO sector.[citation needed]
Power worked as the Financial Systems Manager for Concern Worldwide until 2009 when he became Chief Operating Officer at Prosperity Initiative, a private sector development NGO based in Hanoi, Vietnam.[5] In 2010, Power joined AMK as CEO.[citation needed]
Power was a longtime rugby player, having been associated with Blackthorn Rugby Club for over 20 years.[6]
Power was a regular conference speaker and media commentator on topics such as Microfinance, Business Technology, Globalization, and Project Management.[citation needed]
Power was Chief Executive Officer of Gorta, where he led their merger with Self Help Africa in 2014.[citation needed]
He died in 2018.[7]
References
edit- ^ AMK Cambodia. http://www.amkcambodia.com/?page=detail&menu1=4&article=4&lg=en
- ^ Artese, Valerie. Microfinance Focus. 4 Nov 2011. http://www.microfinancefocus.com/amk-cambodias-managed-commitment-poor Archived 2011-11-07 at the Wayback Machine
- ^ The Vindicator. 17 Nov 1987: Youngstown, OH. https://news.google.com/newspapers?id=DC1KAAAAIBAJ&sjid=wIUMAAAAIBAJ&pg=4517,206921&dq=richard+harris+university+of+scranton&hl=en
- ^ Claritee Group. http://www.clariteegroup.com/index.html
- ^ Prosperity Initiative. prosperityinitiative.org
- ^ Blackthorn Rugby Club. http://www.pitchero.com/clubs/blackthornrugbyfootballclub/
- ^ "RIP Pete Power". 9 January 2019.