Nigerian National Petroleum Company Ltd (NNPCL) has announced the appointment of Mr Jean-Marc Cordier, a former Vice President of the Abu Dhabi National Oil Company (ADNOC), as the Head of its oil trading arm, NNPC Trading Ltd.
According to statement released by Mr Garbadeen Muhammad, the Chief Corporate Communications Officer, NNPCL said Cordier joined as the Head of its oil trading arm, NNPC Trading Ltd.
The statement added that his appointment was in furtherance of the ongoing repositioning drive in the company toward improved growth, better performance and service delivery.
According to statement , the renowned international oil trader, a French/Swiss national, holds a Masters degree in Corporate Finance with Distinction from Paris 9 University.
“Cordier comes into the role with a rich background spanning over 30 years in physical oil, oil derivatives and risk management with significant experience in reorganizing and creating a trading business,” he said.
He spent 24 years with Elf Trading/Total Trading in various positions as Trader, Trading Desk Manager in Geneva, and four years as the Global Trading Manager at Addax Energy in Geneva.
At ADNOC in Abu Dhabi, UAE, he served as Vice President, Middle Distillates, Senior Vice President Risk Management, Senior Team Member in charge of building the trading activity for ADNOC and the launch of ADNOC Global Trading (AGT) in Dec. 2020,” he said.