Chetan Thakore

Chetan Thakore

Business Systems

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location of Chetan ThakoreAbu Dhabi Emirate, United Arab Emirates

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  • Timeline

  • About me

    Director of Risk & Insurance Management - Etihad Rail

  • Education

    • Barnet College

      1992 - 1994
      BTEC National Diploma Business and Finance Distinction

      Activities and Societies: Economics Group, Understanding Business Finance Society BTEC National Diploma in Business and Finance

    • University of Warwick

      2009 - 2010
      Master's degree Business Leaders Pass

      Activities and Societies: Networking with other future Business Leaders on this course - Cultivate strategic leadership skills for visionary leadership with a global perspective that includes coaching and mentorship for high-performing teams- Enhance my decision-making capabilities by leveraging data analytics, strategic thinking, and ethical considerations for effective, timely decisions- Deepen my understanding of global business dynamics, including the complexities of cross-cultural management and operating in international markets- Grasp the intricacies of leading… Show more - Cultivate strategic leadership skills for visionary leadership with a global perspective that includes coaching and mentorship for high-performing teams- Enhance my decision-making capabilities by leveraging data analytics, strategic thinking, and ethical considerations for effective, timely decisions- Deepen my understanding of global business dynamics, including the complexities of cross-cultural management and operating in international markets- Grasp the intricacies of leading digital transformation initiatives by examining emerging technologies and their strategic implicationsDevelop and adapt business models to respond to market changes and capitalize on emerging opportunitiesManage and lead innovation initiatives, from idea generation to implementation, to ensure sustainable organizational innovation Show less

    • University of Lincoln

      1995 - 1999
      Bachelor of Arts (B.A.) Business Information Systems

      Activities and Societies: - Student Union Campaigns and Marketing Director for replacement of the existing chair. - Member of the Ski Club - Raising funds for Hull council shelter for the homeless BA Hons Business Information Systems - Core modules - Economics, IT, Commercial Law, Business Processes, Risk Management, Procedures Writing Skills and Six Sigma.Dissertation titled “Is Y2K Reality or a marketing ploy”, 1999. Published at University of Lincolnshire and Humberside.

  • Experience

    • Trans4m Ltd (trading as Metronet Rail Alliance)

      Jan 2002 - Jan 2006
      Business Systems

      •Helping in the development of the Project Management Process.•Working closely with IT to form a joint working practice for smooth delivery of new and existing projects including 3rd party suppliers.•Construct documentation and represent the Connections Business on SLA’s with IT and any third party provider to make sure all parties concerned comply.•Software testing & implementation.•Training staff members on the new and existing implemented systems.•Helping the IT team to implement new network infrastructures projects in the agreed timescales and budget.•Assessment of current working practices and implement improvements if need be to save the business time and money. Show less

    • Metronet Rail

      Jan 2002 - Jan 2006
      IT Project Risk Manager

      •Manage numerous projects seamlessly from conception through to completion right throughout the various shareholding organisations.•Negotiate contracts with third party providers to ensure service levels agreements and key performance indicators are managed and that the wording of the contracts are at an acceptable legal standard.•Implementation of various technology development projects from handheld smartcard swiping and verification solutions to a new enterprise deployment of risk management solutions to over 3000 staff•Manage, motivate and train the project team with threats, opportunities and issues to complete the project on time and within budget.•Migration of Primavera P3e project management applications and its data on a standalone desktop configuration to P3e Enterprise across networks with offsite hosted servers.•Project managed the entire Active Risk Manager software rollout with third party vendors to ensure the business is meeting the high standards that is required for the management of threats and opportunities•Establish project milestones and feedback to the project team to progress against targets and ensure even with scope creep that the final delivery date is met.•Utilise PRINCE 2 methodology in managing and implementing projects in a structured manner.•Lead contract and financial negotiations on behalf of the business for projects.•Management of large and small CAPEX and OPEX project budgets with regular monitoring for actuals versus cost status.•Manage LogicaCMG on all infrastructure related projects.•Decide and manage 3rd party vendor(s) to utilise for project(s).•Represent the business at vendor meetings and make key decisions on how to go forward.•Utilise the full suite of MS Office applications to ensure presentations, reports, budget and project plans are to a very high standard. Show less

    • Network Rail

      May 2005 - Sept 2012
      Risk & Value Manager

      •Identify, analyse and prioritise, operational, financial and managerial threats and opportunities along with strategic initiatives to address the analysis of data by using the latest enterprise software (Active Risk Manager, P3e, Pertmaster, @Risk).•Promote the understanding of risk and value management through regular training sessions on a one to one and group basis.•Project Manage the rollout of enterprise risk based software to various parts of the business.•Implementation of robust project level risk and value frameworks and control measures at enterprise level (ERM).•Hold regular programme and project risk reviews to update the status of threats and opportunities for monthly bespoke reporting at board level and make recommendations.•Review the programme and project plans quarterly to ascertain the confidence in hitting certain key milestones on critical path activities to aid in the reporting to the board.•Development of all key Risk and Value Management plans for the portfolio of high profile projects I look after.•Be part of the auditing team to ensure that good quality of data is utilised for the establishing and managing of threats and opportunities.•Apply the use of ISO31000 and BS31100 standards of risk management within Network Rail•Carryout risk and value management activities abroad with third party contractors Show less

    • Parsons Brinckerhoff

      Aug 2012 - Jan 2014
      Senior Risk Manager (Qatar Rail)

      - Responsible for identifying, analysing and prioritising operational, financial and managerial threats and opportunities along with strategic initiatives to address the analysis of data by using the latest enterprise software (Active Risk Manager, Primavera and @Risk)- Hold regular programme and project risk reviews to update the status of threats and opportunities for weekly/monthly reporting at project and board level to assist in making strategic recommendations for the key work packages of the Enabling Works program- Apply the use of ISO31000 and BS31100 standards of risk management within Qatar Rail- Responsible for reviewing in detail the programme and project plans for Enabling Works on a weekly and monthly basis to ascertain the confidence in achieving certain key milestones on critical path activities and to aid in reporting to board level- Responsible for carrying out quarterly detailed analysis of the programs using duration uncertainty analysis (Monte Carlo) and assumption analysis (ABCD)- With a core team develop the implementation of the risk escalation process within Qatar Rail- Responsible and accountable for detailed user testing of Active Risk Manager- Participate as the lead risk assessor in various tender evaluations- Lead the process for closing out work packages for the Qatar Rail Enabling Works project and produce a take-over and hand-over certificate for the main contractor(s) and other government agencies- Accountable for managing the process of collating, distributing, and reviewing all the weekly and monthly reports from the main contractor for the Enabling Works program and, if required, providing feedback to the contractor via official letters on data quality- Manage the monthly process for collating and inputting data into the monthly FIFA dashboard for theEnabling Works program to make FIFA aware of progress to date of all work packages Show less

    • Qatar Railways Company (Qatar Rail)

      Jan 2014 - Feb 2016
      Risk Manager

      My transition from contractor to client enabled me to develop my skills further and look after a platter of projects within Qatar Rail. Main high level responsibilities:•Responsible and accountable for implementation and on-going support of risk management in the newly developed operations division•Responsible for Project and Program Risk Management activities at program office to the joint venture contractors by ensuring that a standard methodology is applied•Responsible for carrying out various tender evaluations on Risk Management•Lead the implementation and management of risk and audit on the Lusail Tram project•Develop and implement a cost and schedule quantitative risk model for the Metro Project using Monte Carlo analysis•Develop key performance indicators to ensure that risk management is effectively applied•Responsible and accountable for Active Risk Manager software from upgrades and enhancements of the product to requests from the user community•Development and implementation of bespoke monthly reports to the directors for trend analysis•Present ISO31000 and COSO Risk Management to new starters, including how it is utilised throughout the supply chain•Be the acting Lead for the corporate risk department; report to the Director of QSHESER•Develop and maintain a working relationship with other businesses in Qatar•Carry out a detailed review of the contracts given to the Doha Metro contractors and cross check potential claims that may arise from the risk registers to prepare the business for counter Claims•Work with the Corporate Health and Safety team to gather data that can be presented in a one page A3 dashboard to the Managing Director and ascertain what risks need to be mitigated to ensure they will be operationally ready •Lead the presentation of the Risk Management process at Lusail Tram to the insurance company and secure a significant discount on the cost of the insurance premium for construction work Show less

    • Mitsubishi Heavy Industries

      Feb 2016 - Sept 2018
      Risk Lead (Qatar Rail)

      Led risk management efforts for Mitsubishi Heavy Industries and consortium members on the Doha Metro project in Qatar, ensuring seamless integration of systems and components. Coordinated multiple teams to deliver rolling stock and railway systems for Phase 1 of the project. Achieved successful project management and system integration, contributing to the overall success of the consortium.

    • Mott MacDonald

      Oct 2018 - Jan 2020
      Senior Risk Manager

      In my role as a Senior Risk Manager at Mott MacDonald, I led risk reviews and addressed interface risks for the T5 terminal at Changi Airport. I collaborated with JV partners to ensure project success and chaired meetings to report on threats and opportunities. Oversaw all master civil and building projects for the T5 terminal at Changi Airport.

    • Etihad Rail

      Jan 2020 - now
      Director of Risk

      In my role as Director of Risk at Etihad Rail, I have led a top-performing team to achieve a remarkable 98.04% score in the Risk Maturity Assessment. I successfully implemented Crisis Management frameworks during the challenging times of COVID-19, ensuring business continuity. Additionally, I enhanced risk management activities at the corporate level, focusing on mitigating potential risks and maximizing opportunities.

  • Licenses & Certifications

    • Prince 2

      Jun 2010
      View certificate certificate
    • Chief Risk Officer

      London School of Business and Finance LSBF
      Jan 2023
    • Enterprise Risk Management Expert

      London School of Business and Finance LSBF
      May 2022
  • Honors & Awards

    • Awarded to Chetan Thakore
      Highest score in Risk Maturity Assessment within the ADQ group of companies ADQ in association with AON consultants Mar 2024 Leading a highly successful risk team at Etihad Rail PJSC Group, having been awarded first place in 2024 by ADQ and its independent consultants (AON) for achieving the highest score of 98.04% in the Risk Maturity Assessment.
    • Awarded to Chetan Thakore
      Business Excellence First Place award Etihad Rail's Awards Team Dec 2023 The team and I came first place from stiff competition on delivering excellence in 2023 for risk management activities throughout the Etihad Rail group of companies.
  • Volunteer Experience

    • Lead Rescure Driver and Extraction support for motor sports events in the UAE

      Issued by Formula 1 on Dec 2021
      Formula 1Associated with Chetan Thakore