Trafigura appoints new Chief Financial Officer for its operations in India

Mumbai, 3rd October 2017 - Trafigura Pte Ltd (“Trafigura”), a market leader in the global commodities industry, has appointed Tariq Ahmed as Chief Financial Officer for the company’s operations in India.

Tariq Ahmed brings 15 years’ experience in investment banking, private equity investing and corporate M&A, with significant experience of deal making in Asia, North America and the Middle East across a range of industries.

Prior to joining Trafigura, Tariq Ahmed was Managing Director at Pragon Partners, an India focused mid-market growth capital private equity fund, and before this was Global Head of M&A at Cipla, an Indian generic pharmaceutical company.  He started his career at Morgan Stanley and has spent time in the US working in advisory and investing roles.

“In addition to his role as CFO for our business in India, Tariq will be responsible for developing new projects and business initiatives alongside our trading desks,” said Raoul Bajaj, CEO of Trafigura India Private Ltd.

Tariq holds a BBA in Finance and Accounting from the University of Michigan’s Ross Business School.  He replaces B Anand who moved to Essar Oil in August this year as Chief Executive Officer.

 

ENDS

For further information please contact:

Trafigura’s Global Press Office: +41 22 592 45 28 or media@trafigura.com

For high resolution images visit: https://www.flickr.com/photos/trafigura_images/

Notes to editors

Founded in 1993, Trafigura is one of the largest physical commodities trading groups in the world. Trafigura sources, stores, transports and delivers a range of raw materials (including oil and refined products and metals and minerals) to clients around the world. The trading business is supported by industrial and financial assets, including 49.6 percent owned global oil products storage and distribution company Puma Energy; global terminals, warehousing and logistics operator Impala Terminals; Trafigura's Mining Group; 50 percent owned DT Group which specialises in logistics and trading; and Galena Asset Management. The Company is owned by around 600 of its 4,100 employees who work in 61 offices in 36 countries around the world. Trafigura has achieved substantial growth over recent years, growing revenue from USD12 billion in 2003 to USD98.1 billion in 2016. The Group has been connecting its customers to the global economy for more than two decades, growing prosperity by advancing trade. Visit: www.trafigura.com