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Ken Frost


Personal Details

Name......................Ken Frost
Year of Birth............1962
Qualifications...........MA, 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

Phoenix Commercial Ventures Ltd (International)
Director (2005- )

Daedong Credit Bank (Pyongyang DPRK)
Director (2009- )

Hana Electronics JVC (Pyongyang DPRK)
Director (2005- )

Sinji JVC (Pyongyang DPRK)
Director (2008- )

KenFrost.com (London)

Owner (2001- )

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 eighteen 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:

    • Membership of the Philips General Business Principles Committee

    • Developing the Philips General Business Principles casebook, subsequently distributed to the top international management

    • Custodianship and maintenance of the Philips General Business Principles Database

    • 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


Please feel free to contact us, via our contact form.



   ? Phoenix Commercial Ventures Ltd 2005