About Mr. Peter Edward WELCH

Mr. Welch is a renowned finance and teaching/training expert with over 30 years of professional experience. All throughout his professional life, he has focused on topics including, but not limited to accounting, internal audit and risk assessment, internal control, treasury and auditing. He started his career as an accountant at the British Diplomatic Service / Foreign & Commonwealth Office in London, and then held other private-sector senior accounting roles before, in 1979, moving to the USA, where he worked mostly in the above-mentioned fields of specialization. Since then, Mr. Welch has worked for various different private sector companies, including USAID and EU projects, in countries such as Kenya, Bangladesh, Nigeria, Ghana, Iraq, Afghanistan/Singapore, Egypt, Georgia, Sudan, Bosnia & Herzegovina, South Africa, Japan, India, UAE, Puerto Rico, and Bermuda. As a PeopleSoft, Inc.—Professional Services Senior Consultant/Senior Curriculum Developer, his background and experience includes ERP systems including PeopleSoft Technical Boot Camp and Asset/Liability Matching.

He also has relevant international experience in the public sector that includes being a Team Leader for a project in Tbilisi, Georgia working as a Fiscal Agent. Recently, in Bangladesh, Mr. Welch was engaged by USAID Consulting/GMG Management Consulting, to provide technical assistance/implement (Special Award Conditions) SACs in financial management, procurement, human resource, and program performance systems. He was tasked to transfer knowledge and essential skills to improve financial management, procurement, and human resource systems for the purpose of managing risk and sustainability. He has also developed an expertise with implementing USAID Compliance Procedures including USG costing, 2-CFR 230 (A-122) and A-133/ADS-591 Auditing. In 2003, under a USAID funded project, he provided technical assistance services to guide the development of process reengineering/ information (infrastructure) mapping within the local public sector municipalities. In 2009, he provided advice to the South African National Treasury within the framework of an EU-funded technical assistance project. During this mission, and in his capacity as IFRS trainer, he was responsible for the implementation of GRAP/IPSAS accounting training. Mr. Welch also worked in Georgia, under USAID, in 2002 where he taught ACCA final accounting papers, IFRS-based material, and assessed the financial sustainability and capacity of the local accounting standard setting body.

Mr. Welch possesses solid managerial skills, for he served as Director of Investment Accounting for a US-based company. In this capacity, he led a team of five cross-functional managers/supervisors, delivered critical financial information to the Portfolio Managers and provided decision support to the executive committee. Following this position, he worked as CFO of an American private corporation. In this capacity, he created a finance organization, established all controls, (infrastructure) processes, analysis models, budgets and reporting procedures; he negotiated a line of credit with an ACH facility, and designed the company’s treasury/cash management model.   Mr. Welch holds a US Master’s Degree in Finance (distinction), obtained at Bentley University (USA) in 1988. During the 1973-1979 period, he studied the ACCA Professional Accounting Examinations at the London School of Accountancy (UK). The obtained academic degree is equivalent to a U.S. CPA / BSc.

Peter Edward WELCH

Mr. Welch holds a US Master’s Degree in Finance (distinction), obtained at Bentley University (USA) in 1988. 

During the 1973-1979 period, he studied the ACCA Professional Accounting Examinations at the London School of Accountancy (UK). The obtained academic degree is equivalent to a U.S. CPA / BSc.