Mr. Peter PETERSEN, an economist with more than 45 years of professional experience, started his career in 1960 and worked for various private companies in senior commercial/financial management positions for 24 years - including 13 years abroad (Nigeria, Iran, USA and Belgium).

Since 1985 Mr. PETERSEN worked as financial/commercial consultant in donor funded projects (KFW, World Bank) in Sub-Sahara Africa (Swaziland, Lesotho, Zambia, Ethopia, Uganda and Nigeria) and CIS countries (Poland, Mongolia, Bosnia-Herzegovina and Russia).

His professional experience covers a broad spectrum of commercial/financial activities:

He has acquired extensive experience in the area of rehabilitation/commercialisation of ailing parastatals/institutions/companies in developing countries.

For the last ten years he has worked successfully in various water projects in Africa with the ultimate target to improve their revenue in order to achieve financial sustainability.

In recent years institutional development and due diligence analysis in connection with privatisation have become increasingly important aspects of his work.