(Columbus) American Municipal Power, Inc. (AMP) recently expanded its executive management team, naming Bobby Little as Senior Vice President of Risk Control. Little started with the Columbus-based organization on July 15, and brings with him more than 25 years of related industry experience to the new position.
Little is the former executive director of risk management for Southern California Edison. In addition, he worked as an audit/compliance manager for Tulsa, Oklahoma-based Williams Power and held various management positions for Progress Energy. He has extensive experience in developing and managing organizational risk management plans and policies, audit plans, risk mitigation strategies and compliance issues.
“AMP is a diverse and evolving organization and risk management is a critical function,” AMP President/CEO Marc Gerken said. “AMP is a partner with our 129 member utilities and power supply remains our principal mission. Working with our members on power supply strategies involves: generation development and management; fuel procurement; negotiating power supply contracts; analyzing the impact of a variety of regulations; and general contract management. Bobby brings a wealth of related experience to this position and will contribute greatly to efforts to enhance and expand our existing risk management activities.”
In his position at AMP, Little will chair the Risk Management Committee and provide overall management of the Middle Office – the independent oversight, compliance, control and monitoring office for the organization. This includes the day-to-day valuation, reporting and monitoring of all power, energy and fuel procurement activities, as well as developing, implementing and overseeing an Enterprise Risk Management Program. His responsibilities also include management of AMP’s Corporate Energy Risk Control Policy.
Little holds a BS in Business Administration from the University of North Carolina and an MBA in Finance from Campbell University.
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