Shell-Manager moves to Louis Dreyfus

Print Friendly, PDF & Email

Commodities trading and shipping company Louis Dreyfus (LDC) has appointed Armand Lumens as new Chief Financial Officer, coming from Dutch energy giant Royal Dutch Shell.

The 48-year old Dutch national will take his role from March 1st, 2017. Federico Cerisoli, who was named Grou[ds_preview]p CFO in June 2016, pending a more lasting appointment, will now assume the roles of Deputy CFO and Chief Controlling & Accounting Officer, also effective March 1st.

According to a statement, issued by LDC, Lumens has built his career at Royal Dutch Shell over almost 24 years. After holding a variety of M&A, business development, trading and supply chain positions in his first 9 years at the company, he worked in numerous, increasingly senior upstream, downstream and corporate financing roles in the Americas, the Netherlands, France, Bulgaria and the UK. Since 2013, he has served as the London-based CFO for Shell International Trading & Shipping, the largest oil, gas, liquefied natural gas (LNG) and power commodities trader in the world.

»Following a structured and thorough search process coordinated with the Supervisory Board, we are convinced that his knowledge of the commodities industry and his global experience in financial operations will be a definite asset in the pursuit of our future plans,« said Gonzalo Ramírez Martiarena, Chief Executive Officer at Louis Dreyfus Company B.V.

»I am very excited to be joining a family company with such an impressive history and strong track record of success,” commented Lumens. He added, that he was doing business with LDC already at the beginning of his career in the crude oil industry more than two decades ago.