David Jonathan Yi
Credit Risk Manager
Mr. David J. Yi has over 25 years of experience in the energy industry in both wholesale and retail markets. He brings a broad range of experience in executive leadership, risk management, operations, finance and accounting.
Mr. Yi is currently Regional Head of Credit at Gunvor USA LLC n(“Gunvor”). Prior to Gunvor Mr. Yi was Credit Manager at Motiva Enterprises LLC (“Motiva”) and directs the credit department which manages all the credit activities within the business. Most recently, he was President and Principal of Saja Energy LLC, a minority-owned energy marketing and trading company based in Houston, Texas.
Previously, Mr. Yi served as Chief Risk Officer of Commerce Energy, a leading public U.S. electricity and natural gas marketing company serving over 150,000 customers. At Commerce, Mr. Yi developed a strong team to monitor, oversee and mitigate the risks inherent in retail energy marketing. He also was a lead contributor to a complete business turnaround which involved refinancing, restructuring and ultimately selling the business to Just Energy, a publicly traded retail energy provider based in Toronto, Canada (TSX: JE.UN).
Prior to Commerce Energy, Mr. Yi served as Director, Accounting & Risk Control for Pacific Summit Energy LLC (“PSE”), a wholly owned subsidiary of Sumitomo Corporation. At PSE, Mr. Yi created a formal credit department and developed policies and procedures to properly manage credit, market and operational risk.
Previously, Mr. Yi served as Chief Credit Officer at Cook Inlet Energy Supply, LLC, a multi-billion dollar North American minority-owned energy marketing company that was purchased by Macquarie Bank of Sydney and renamed Macquarie Energy. He has also held leadership positions with Southern California Edison.
Mr. Yi is pursuing a Masters in Business Administration from Rice University and earned a Bachelor of Arts degree in business economics from the University of California, Los Angeles (“UCLA”), and completed the Minority Business Entrepreneur Program at the Amos Tuck School of Business at Dartmouth College.
Mr. Yi is active at several associations including the International Energy Credit Association (“IECA”) which is comprised of credit and finance professionals from all the major global energy companies. In the IECA, he served in many roles such as Board member, Vice President and more notably as President in 2004. Mr. Yi also was a member of the North American Power Credit Organization (“NAPCO”) and National Council of Minorities in Energy (“NCME”). Mr. Yi was a Board Member of the Asian Chamber of Commerce (“ACC”) and was awarded the Emerging Entrepreneur of the Year at the ACC Gala dinner held on April 2014.
Mr. Yi lives in Houston, Texas and is devoted to his wife and his two children. When he is not working, Mr. Yi enjoys spending time with his family.