Sergio Jaramillo, SALVO Thematic Leader, INTERCOLOMBIA
Sergio Jaramillo of Colombian electrical utility, INTERCOLOMBIA, has been selected as runner up for the prestigious ‘Next Gen’ achievement award by the UK Institute of Asset Management (IAM). In just three years, he has become an acknowledged expert, both leading and facilitating others to perform quantitative evaluations and optimize cost, risk, performance and life cycle value for critical equipment.
With a large and aging asset base, INTERCOLOMBIA recognised that end of life management is key to future investment planning. An evident fast-learner, Sergio was asked to explore how best to optimize the renewal and disposal stage of the company’s assets.
He has since led the development of the corporate management strategy of this life cycle stage and now leads the implementation of this strategy. This is built upon the international good practice guidance and SALVO, which targets the most important and urgent issues, determines the underlying problem, identifies candidate solutions and uses leading-edge decision support tools to evaluate the optimal amount and timing for interventions.
Sergio has linked this process with corporate processes for cost and risk management and determination of asset health, condition and economic remaining life. This has included handling of aging assets, obsolescence, safety concerns, preparation of business case/investment justifications, alignment with corporate objectives, compliance with various regulatory requirements, and environmental impact/sustainability factors.
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