Peter Karsten Petersen

PO Box 510232 Chipata/Zambia. Phone: +260-6-221493

Curriculum Vitae: link

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:

  • implementation and management of accounting systems
  • management accounts \ financial statements
  • cost accounting
  • budgets and financial forecasts
  • personnel management
  • company secretarial work
  • raising finance from commercial banks and donors
  • implementation of computer systems
  • cash and foreign exchange management
  • acquisition, rehabilitation and sale of companies
  • investment appraisal and monitoring
  • commercialisation of parastatals
  • commercial/financial management training/seminars/workshops
  • due diligence analysis in preparation for privatisation

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.