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Arshad Sayed was appointed as President - Peabody Mongolia and India in November 2011. Announcing his appointment, Peabody Energy President and Chief Commercial Officer Richard A. Navarre stated that Sayed brought with him "strong relationships in the region that will allow him to advance Peabody's Asian growth initiatives ... His experience with The World Bank Group ensures he will advance our goals using the highest standards for ethics, operations and the environment."
Peabody stated in a media release that Sayed "recently completed a four-year appointment as Country Manager and Resident Representative for The World Bank in Mongolia, where he was responsible for policy and program negotiations; developing new lines of business for the bank relating to mining and mining infrastructure; and coordinating relationships with the private sector and government, including involvement in the development of mining projects in Mongolia. Sayed represented The World Bank in various positions for more than 15 years. He served in the bank's Corporate Strategy Group leading innovation and strategy initiatives, and as Senior Strategy and Operations Officer in the Office of the Vice President for Europe and Central Asia. His prior experience includes founding a start-up company and working for the Government of Maharashtra in India."
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Related SourceWatch articles
- Mongol Messenger Editor–in–chief Borkhondoin Indra interview with Arshad Sayed, "World Bank's Arshad Sayed reflects on his tenure in Mongolia", Mongolian Views, July 30, 2010.
- Peabody Energy, "Arshad Sayed Joins Peabody as President of Peabody Mongolia and India", Media Release, November 30, 2010.