SINGAPORE (Reuters) -Independent oil trader Cathay Petroleum has hired Eugene Ganchev, an ex-senior banker at ABN Amro as its chief financial officer.
Ganchev, 41, posted in his LinkedIn earlier on Tuesday that he started his new role at Cathay Petroleum last month based in Singapore.
Ganchev’s LinkedIn profile shows he served the bank for more than 16 years with extensive experiences in metals and energy sectors, and his latest position was head of ABN Amro’s Hong Kong operation.
Cathay did not immediately comment.
Cathay, set up in 2003 in Hong Kong by Chen Wei, a former veteran crude oil trader with Chinese oil major Sinopec, is known as an arbitrage player focused on physical crude oil trading and logistics.
Cathay runs trading desks in Hong Kong, Singapore and London, and turns around $6 billion worth of oil a year, according to Cathay’s website.
(Reporting by Chen Aizhu; Editing by Kim Coghill)
