Vincent Tuk (45)
Managing Director Cleanreturns
Former CEO USIO energy
Formerly McKinsey & Company
Formerly Shell International
MBA INSEAD - France
MSc. Economics - Netherlands
Vincent Tuk is an entrepreneur and energy professional with 20 years of experience advising and building companies in the space of energy and clean technology.
He started his career with Shell in 1998 in their Dutch retail division, quickly followed by Shell solar and ultimately as M&A advisor in Shell’s M&A team in London. He worked amongst others on the acquisition of Siemens Solar as well as Nigerian LNG financing projects.
In 2002/2003 Vincent gained his MBA from INSEAD - studying both in France and Singapore.
From 2003 onwards, he joined McKinsey & Company as associate working across energy, media, healthcare and private equity. He left McKinsey & Company at the start of 2007 as Senior-Engagement manager to pursue an entrepreneurial career.
In 2011 Vincent founded Cleanreturns and since then the firm has served clients ranging from multinationals to early stage start-ups. The largest projects included teams of more than 15 staff across US, Europe and Asia.
In 2017, Vincent founded USIO energy. USIO as a ground-breaking UK domestic gas and electricity supplier to UK households. Using a in-house developed AI platform USIO was pioneering personalised energy tariffs. USIO’s AI platform ran individual neural network models for each household, increasing demand forecast accuracy and passing along the various energy and operational savings to its customers. Unfortunately, a vexatious lawsuit in end of Q3 2018 from one of USIO’s former service partners blocked USIO’s agreed Venture funding round and USIO was forced to cease trading. USIO had built a customer base of 7,500 households, turn-over equivalent of GBP 7million and was near starting pilots for its AI software with energy companies in the US and continental Europe. USIO had 28 staff.
From Q4 2018 onwards, Vincent is fully focussed on Cleanreturns and expanding its client base particularly in the United States.