ABOUT ME

Tom Jakobek is an expert in finance, land development and construction as a project management consultant.

In 25 plus years of experience as a leader of both government and private sector projects, Tom has proven his ability to effectively manage large-scale budgets and solve complex problems. His knowledge of project development comes from a decade of experience as Budget Chair and City Councillor for the City of Toronto, as well as demonstrated success leading his own property development and management firm, Romlek Enterprises, Inc.  

While handling, at the time, Toronto’s $6 billion operating budget, At the time,Tom Jakobek was largely credited with implementing the financial amalgamation of six municipalities, driving cost reductions through the elimination of redundancy. While curtailing the city’s $1.4 billion debt, he helped generate more than $280 million in savings through organizational restructuring, outsourcing, and line-by-line financial reviews as opposed to traditional slash and burn. 

At the Toronto East General Hospital, Tom undertook a review of $12 million in construction projects, and introduced cost-cutting measures that reduced operating costs by 11 percent within 12 months. He improved the hospital’s market position by purchasing a $3 million property for additional medical offices that generated new profits, and brought $64 million of capital projects back on track after they were already $2 million over budget. 

Thomas Jakobek graduated from the University of Toronto with a Bachelor’s of Arts Degree in Public Administration and also completed a Master’s Degree in Health Science. He is a licensed CPA and holds a Graduate Certificate in Public Administration.

In 2001, Tom Jakobek launched Romlek Enterprises, Inc., and achieved success through new developments and renovations in the Toronto area. He spearheaded a land deal for a 67-unit townhouse project, managed the $2 million restoration of lakefront condos, redeveloped an old 40-unit strip mall, transforming it into attractive offices with 100-percent occupancy, and obtained the approvals for a new 90-unit retirement home.

Tom has served on many boards. He sat on the Greater Toronto Services Board, the Toronto Harbour Commission and the Metro Toronto Housing Authority.  He also served as the director of the Cerebral Palsy Association for 11 years until 2006.

In his free time, Tom coaches youth basketball and soccer, and enjoys reading, writing and playing guitar.

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