Web CV of Yves Mechaka

Yves Mechaka

ymechaka@gmail.com

Fluent in English, French and Arabic.
Learning Spanish and Italian

A finance professional with more than 25 years in business management and operation.
Key skills include leadership, good general business knowledge, extensive investment and financing experience, cash flow management and implementation of processes

ACADEMIC BACKGROUND

École des Hautes Études Commerciales (H.E.C.)
Bachelor of Commerce (B. Com) with a major in Finance (1979)

Rosemont College
Major in Health Science (1976)

Canadian Bankers Institute
Bachelor from the Institute of Canadian Bankers (BIBC 1987)
Canadian Mutual Funds Course (1989)

Canadian Securities Institute
Canadian Securities Course (1994)
Partners, Directors and Senior Officers Degree (1997)
Branch Managers Course (2000)

Canadian and Quebec Institute of Financial Planning
Financial Planner (1989)

Financial Planners Standards Council of Canada (FPSCC)
Certified Financial Planner (1996)

AFFILIATIONS

Member of the Financial Planners Standards Council of Canada (FPSC )
Former member of the Investment Dealers association of Canada, the Association of Chartered Administrators, the Quebec Institute of Financial Planners and the Canadian Bakers Institute

PROFESSIONAL EXPERIENCE

DAR AL ARKAN REAL ESTATE DEVELOPMENT COMPANY

Dar Al Arkan is the largest Real Estate Development Company in the Kingdom of Saudi Arabia. It is a Saudi Joint Stock Company predominantly engaged in the Business of development, sale and lease of real estate projects and associated activities.

HEAD OF TREASURY
April 2008 to present

Accountable and responsible for treasury activities in the Company.
Assess, monitor, plan and manage the efficient utilisation of cash and financial services in a manner consistent with the objectives of the Company.
Monitor and ensure that the Company’s cash flow is adequate and allow it to operate effectively.
Ensure that strong relationship is maintained with other departments in a manner consistent with company policies.

Understand, manage and supervise all aspects of cash flow and short term investments.
Manage and supervise credit facilities and Murabahas.
Act as the Company’s principal liaison with banks for all banking activities.
Negotiate loan or overdraft facilities with corporate banks.
Develop and recommend short term investment strategies.
Determine the Company’s goals and risk tolerance.
Assess performance benchmarks and recommend changes when warranted.
Monitor compliance with investment policies and government regulations.
Review investment transaction/position reports.
Review monthly investment activity schedules for the Finance department in a timely manner.
Develop and manage the internal controls for bank mandates.
Manage, review and maintain bank guarantees, letter of credits, performances bonds, etc.
Review monthly reconciliations of investment statements.
Manage relationships with financial service providers.
Monitor banking relationships and advise Top management on required changes.
Manage payments and the release of cheques.
Support the CFO in discharging his responsibilities.

EPYCOM INSURANCE BROKERS INC.

Epycom Insurance Brokers Inc. is a brokerage and consulting firm.

PRESIDENT, TREASURY & INVESTMENT PLANNER
December 2005 to April 2008

I was responsible of all the financial and operations affairs of the company. In particular, the supervision and the monitoring of the daily operations, which include profitability and cash flow management.

I also advised clients with respect to cash management, investment and financing matters.

INDUSTRIAL ALLIANCE SECURITIES INC.

A Securities dealer and one stop financial centre.

INVESTMENT ADVISOR
December 2005 to January 2007

I acted as a special advisor with respect to investment recommendations to their clients.

IFORUM SECURITIES INC.

A securities dealer and a one-stop financial centre that offered Corporate and personal financial solutions. iForum catered to today’s investor and offered a broad range of innovative investment products and services designed to meet all types of financial objectives.

The company was sold to Industrial Alliance Securities in December 2005.

FOUNDING PRESIDENT
March 200l to December 2005

NTR FUND MANAGEMENT LTD.

A mutual fund dealer, financial planning and life insurance brokerage firm. The company was sold to iForum financial network in 2001.

FOUNDING VICE-PRESIDENT
September 1997 to March 2001

SENIOR VICE-PRESIDENT
April 1994 to September 1997

Responsibilities included, managing the financial and operation affairs of the firm and a group of 30 brokers and other professionals. I also had to meet with various financial institutions to negotiate back office support for the offering of various financial products.

DESJARDINS TRUST

A trust company that offered a wide array of financial services including fiduciary services, retirement planning, estate planning and wealth and cash management.

BRANCH MANAGER 1993 - 1994

GENERAL TRUST OF CANADA

A financial institution that offered banking and trust services to clients, such as investments, personal loans, mortgages and fiduciary services. The company was sold in1993.

CREDIT MANAGER 1990 - 1992

BRANCH MANAGER 1992 - 1993

BANK OF MONTREAL

A major financial institution that offers retail and commercial banking services to its clients.

ASSISTANT MANAGER 1980 - 1983

BRANCH MANAGER 1984 - 1990

CONTRIBUTION

President of the Board of Directors of the St. Leonard Minor League Baseball Association for a period of 10 years.

Former member of the Management Board of Saco Controls Inc., a small business company in Montreal.

Former member of the Board of Directors of the Jean-Talon Hospital foundation.

Co-founder and Treasurer of “Safeway chez Vous” from 1986 to 1987.

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