Personal Details
Name………………….Ken Frost
Year of Birth…………1962
Qualifications………..MA, BFP, FCA, FIPFM
Nationality……………British
Location………………London
Academic Background
School…………………Dulwich College (1973-1980)
University……………..Edinburgh University (1980-1984)
Degree…………………Economics and Accounting MA (Hons)
Career Details
GDI.INC
Executive Committee (2020 – )
Ken Frost Ltd
Owner (2015 – )
KenFrost.com (London)
Owner (2001- )
Phoenix Commercial Ventures Ltd (Investment opportunities in North Korea)
Director (2005-2016)
Daedong Credit Bank (Pyongyang DPRK)
Director (2009-2011)
Hana Electronics JVC (Pyongyang DPRK)
Director (2005-2015)
Sinji JVC (Pyongyang DPRK)
Director (2008-2010)
De Beers (London)
Audit Manager Centenary Internal Audit (2000-2001)
Royal Philips Electronics (Sweden)
International Forensic Audit Co-ordinator (1999-2000)
Philips Electronics AB (Sweden)
Head of Internal Audit Nordic (1996-2000)
Philips Electronics UK (London)
Audit Manager UK/International (1989-1996)
KPMG (London)
External Auditor (1984-1989)
Key Skills/Career Highlights
- Over twenty years international experience (Western/Eastern Europe, USA, South East Asia and Africa), including four years living in Stockholm
- He is a member of Gerson Lehrman Group Councils
- He is an Advisor with Guidepoint Global
- Management and leadership skills, eg the successful establishment and development of the Philips International Forensic team, the Philips Nordic Audit Department and the De Beers Centenary Audit Department
- In depth experience of working on Audit Committees; including experience of setting up country Audit Committees in the Nordic/Baltic region when working in Philips, and in the UK when working in De Beers
- Hands on experience of performing and managing professional independent reviews that identify risks/control gaps; providing recommendations for both the mitigation of these risks/control gaps, and general improvement of the business
- High level risk mapping on an international and company wide basis
- In depth experience of working with a variety of IT packages from pre to post implementation stages including; SAP, Triton, MFG Pro, Scala and Sage
- In depth international exposure to a variety of manufacturing, commercial, marketing, treasury and administrative/back office organisations
- Constant exposure (through monitoring, mentoring and advising) to organisational change eg; restructuring, cost cutting, centralisation of back office functions, introduction of the Euro, IT changes, centralisation of warehousing, direct deliveries and corporate delisting
- High level interpersonal skills, coupled with the ability to interact with people at all functional levels from a variety of cultural backgrounds
- Experience, and detailed knowledge, of best practice with respect to corporate codes of conduct via:
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- – Membership of the Philips General Business Principles Committee
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- – Developing the Philips General Business Principles casebook, subsequently distributed to the top international management
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- – Custodianship and maintenance of the Philips General Business Principles Database
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- – Aiding and advising on the development of the De Beers Code of Conduct
- Forensic experience arising from:
– Personal involvement in fraud investigations
– Establishing and developing the role of the Philips Forensic Audit Co-ordinator
– Custodianship and maintenance of the Philips Fraud Database