Jeff is global head of Commodities JResearch in Global Investment
Research (GIR). He is responsible for conducting research on commodity market dynamics in the context of corporate risk management programs, short and long- term commodity investment strategies and asset allocation. Jeff is also a member of the GIR Client and Business Standards Committee, Growth Markets Executive Group and Macro Executive Committee.
Jeff was European co-head of Economics, Commodities and Strategy Research from 2010 to 2012. He was based in London from 2003 until 2012, when he moved to New York. He has since returned to London.
Over the years, the commodities research team has consistently been ranked number one under Jeff’s direction, and in 2011, he was named CNBC Analyst of the Year by City A.M. Jeff joined Goldman Sachs in 1996 and was named managing director in 2002 and partner in 2008.
Prior to joining the firm, Jeff taught undergraduate and graduate level courses in microeconomics and econometrics at The University of Chicago and served as the associate editor of Resource and Energy Economics. Jeff also worked as a consulting economist, specializing in energy and other microeconomic issues, at Ernst and Young, LLP and Economic Insight, Inc. In addition, he has advised government agencies in the US, European Union and Russia.
Jeff earned a PhD in Economics from The University of Chicago in 1996.
Before taking on her current role, Carol ran bp Shipping and was the chief operating officer for IST oil. She has more than 20 years in the energy industry, many in integrated supply and trading. Previous roles, include chief operating officer for natural gas liquids, regional leader of global oil Europe and finance. Carol also served as the head of the group chief executive’s office.
Co-founder and Chairman, Mr. Törnqvist has spent more than 40 years in the oil and gas industry, and co-founded Gunvor Group in 2000. He began his career at British Petroleum, where he worked from 1977 to 1983, and then became Head of Oil Trading at Scandinavian Trading Co AB until 1989. Prior to founding Gunvor, he was Managing Director for the oil division of Intermaritime Group Petrotrade.
A consummate entrepreneur, Törnqvist has drawn on his extensive knowledge of the international oil markets to establish Gunvor Group as one of the world’s leading oil trading companies. He is now focused on developing Gunvor’s diversified operations a fully integrated global commodities trading house.
Born in Stockholm and a Swedish citizen, Törnqvist received a business degree from Stockholm University.
Matthew ChamberlainChief ExecutiveLondon Metal Exchange
Marco Dunand is Chief Executive Officer of Mercuria Energy Group, one of the world’s largest independent energy and commodities companies.
Together with Daniel Jaeggi and a small group of five other people, he founded the company in 2004 from Geneva, Switzerland and gradually extended its presence in Asia and the Middle East with its offices in Beijing and Dubai. 14 years later, the Group now operates from more than 25 offices worldwide and has a turnover of USD 105 billion.
In 2014, Mercuria completed the acquisition of the physical commodities trading unit of J.P. Morgan Chase and Co. In 2016, ChemChina, one of China’s largest chemical companies, became an important minority investor in the shareholding structure of Mercuria.
Primarily focused on crude oil trading, Mercuria is now present all along the commodities value chain with activities forming a balanced combination of commodity flows and strategic assets. More than 1,000 people contribute to sustaining the Group’s extensive business reach with market knowledge, diversity, and experience.
A Swiss citizen, Marco Dunand graduated from the University of Geneva, where he earned a degree in Economics and Management.
Greg A. MorrisPresident, Ag Services and OilseedsArcher Daniels Midland Company
Greg Morris is senior vice president and president of ADM’s Agricultural Services and Oilseeds business unit, and a member of the company’s Executive Council. In that role, Morris has responsibility for the company’s agricultural origination, global trading, transportation and oilseeds processing businesses. He also has strategic oversight of ADM’s operations in South America.
Morris joined ADM in 1995 and has held several senior-level merchandising and management positions across all three of the company’s business units. Prior to his current position, was president of ADM’s Oilseeds business. Before that, he led the launch of what was then known as the company’s WILD Flavors and Specialty Ingredients business unit.
Morris serves on the board of directors of ADM’s edible oils joint ventures Stratas Foods in North America, and Olenex in Europe. He also serves on the board of the Chicago Council of Global Affairs, and is a member of Illinois State University’s Finance Advisory Board. He holds a bachelor’s degree in finance from Illinois State University, and an MBA from Drake University in Des Moines, Iowa.
Scott WellcomeDirector, Grains Risk ManagementGoodMills Group
Scott Wellcome is the Director, Grains Risk Management at GoodMills Group GmbH in Vienna. GoodMills is Europe’s leading wheat miller operating in seven European countries.
His primary focus is managing the day to day risks associated with a grain processing company, from raw material price volatility and inventory hedging to weather and macro events. Scott has over 30 years’ experience in the grain and oilseeds sector working within a few of the leading multinational trading companies, both in Europe and the Middle East.
Mikael Staffas is the President and CEO of Boliden since 2018. He has been a member of the top management group at Boliden since 2011, first as CFO and then as Head of Business Area Mines. He is the Chairman of Eurometaux (an umbrella association representing the interests of the combined non-ferrous metals industry in Europe) and SveMin (industry association for mines, mineral and metal producers in Sweden).
Before joining Boliden, Mikael was the CFO of the Swedish forest products group Södra and before that he was a Partner at McKinsey & Co in Stockholm and in Moscow.
Between 2013 and 2018 Mikael also served as a non-executive director of SJ (Swedish State Railways).
Mikael holds a MSc in Engineering Physics from the Royal Institute of Technology in Stockholm and an MBA from INSEAD in Fontainebleu, France.
Maarten KoningManaging Director, Global Head Trade and Commodity FinanceING
Maarten Koning has been appointed as Global Head Trade Commodity Finance as of December first 2020.
Maarten has been with ING for more than 19 years, where he has been Global Head of Structured Metals & Energy Finance (SMEF), Deputy Head of Trade Commodity Finance in Geneva and before that he was responsible for the TCF activities in North Asia, based in Hong Kong. Prior to Hong Kong he worked for TCF in Singapore and Amsterdam. Maarten joined ING's Global Management Trainee Program in 2001. Maarten brings with him a broad experience in Commodities Finance, Emerging Market Banking and in international cross-cultural management.
Based in Geneva, Maarten reports directly to Lynn Ng, Head of Commodities, Food and Agribusiness.
ING has a strong track record in the Commodities, Food and Agribusiness and the Wholesale Bank’s cross-border and cross-functional expertise has helped grow the business area substantially in past years.
Cristian SignorettoDirector Gas & LNG & Deputy General Director for Natural ResourcesEni
After graduating in Mechanical Engineering in 1999 from the Politecnico di Milano, he did his military service as officer in the Italian Army. In 2000, he was awarded a scholarship for a research doctorate at the Politecnico di Milano’s Department of Energy, where he was involved in research projects and teaching activities.
In 2001 he joined McKinsey. He graduated with a Master’s degree in Business Administration from Columbia University in New York in 2005. After a brief stint at Citigroup in New York, he continued his career in McKinsey, mainly working on projects in the Oil & Gas and Banking & Insurance sectors. He joined Eni in 2007, in the Office of the CEO supporting the Top Management in defining corporate strategies and overseeing specific projects at group level. Between 2008 and 2016, he worked he worked in Eni's Gas & Power business, first as Senior Vice President International Sales and later as Executive Vice President International Markets and LNG. In November 2016, he took the position of Executive Vice President Portfolio Strategy & Long Term Gas Negotiations in the Midstream business with responsibility for managing the gas supply portfolio and long-term relationships with gas suppliers. In February 2018, he became Executive Vice President of the Gas Business Unit with responsibility for the entire midstream gas value chain, including marketing and trading activities. In April 2019, he was appointed Chief Gas & Lng Marketing and Power Officer of Eni. He is the Chairman and Chief Executive Officer of Eni Global Energy Markets S.p.A. (the wholly owned subsidiary of Eni responsible for all gas, LNG, power and CO2 trading and origination activities).
He’s a member of the Board of Directors for BlueStream which is a joint venture between Eni and Gazprom.
He is President of Anigas, the National Association of Gas Industries, and a member of the General Council of Confindustria. He is also a member of the Board of Directors of Eurogas, the European Association of gas companies, as well as of the Executive Committee of GIIGNL, the International Group of Liquefied Natural Gas Importers.
John MacNamaraCEOCarshalton Commodities LtdChairmanLondon Trade Roundtable
John (Mac) MacNamara is currently the CEO of Carshalton Commodities Ltd, a consultancy in the commodity trade finance sector working with banks, funds, commodity corporates, insurers and lawyers. Mac is also the current Chairperson of the London Trade Roundtable, and Chief Investment Officer of Synthesis Trade Finance, a fund investing in Commodity Trade Finance, and is well-known as an author, trainer, presenter and commentator on Commodity Trade Finance matters. He set up and ran globally the Structured Commodity Trade Finance team at Deutsche Bank for 20 years, finishing as Vice Chairman, Trade Finance Commodities in 2019, and has worked for international banks and commodity traders on deals in over 100 countries since 1982. He has an MA from Cambridge University, a Green Beret from the Royal Marines Commandos, and lives in fear of his Glaswegian wife and three grown-up daughters in London.
Dr Marc AuboinCounsellor,Economic Research and Statistics DivisionWTO
Marc Auboin is the Counsellor at the WTO responsible for the institution's trade and finance agenda, including trade finance, and WTO's relations with the IMF and the World Bank. He is Secretary of the WTO Working Group on Trade, Debt and Finance, and of the Expert Group on Trade Finance. He supports current initiatives by the WTO on trade finance. Marc Auboin holds a Ph.D in economics and previous to the WTO he worked for the IMF and the European Commission.
Tom is responsible for delivering all of TXF’s market sentiment reports that span the commodity trade finance, export finance, project finance, and trade finance sectors. These include our in-house flagship reports, namely the Global Commodity Trade Finance Industry Report, the Global Export Finance Industry Report, and the Global Trade Finance Report and our array of more focused reports for our Intelligence subscribers. Tom also produces bespoke reports for paying clients who want to explore a topic in detail, but do not have the experience or time to explore it.
Jonathan WestbySenior Vice PresidentJERA Global Markets
Jonathan Westby joined JERA Global Markets as the Senior Vice President LNG in December 2020. In this role, Jonathan manages a global LNG team and spearheads the expansion of JERA Global Markets’ business in the LNG industry.
Jonathan graduated with honours in Business Studies from the University of Sheffield in 1994. Prior to joining JERA Global Markets, Jonathan was the Co-Managing Director of Centrica’s Energy Marketing & Trading business unit from January 2016, having joined Centrica in 2014. In this role, he had responsibility for all of Centrica’s energy trading activity and was a member of Centrica Plc’s Executive Committee. Before joining Centrica, Jonathan spent 20 years with BP, within their Energy Trading business. During this time, he worked as a Gas Trader in the liberalizing UK and European gas markets and as an LNG Trader. In 2005 he was appointed Global LNG Trading Manager in which he built a market leading LNG trading capability and managed teams in Houston, Singapore and London.
Recognized commodities and macroeconomics expert; currently Chief Economist with Trafigura, and Co-Portfolio Manager of Galena Multi-Strategy Fund. Extensive experience with quantitative and qualitative economic analysis, market fundamentals, derivatives, fund management, commodity trading, portfolio analysis, strategy and modeling. Responsible for generating all energy market outlooks and macro assumptions, including FX, inflation, interest rates and commodity prices. Experienced manager. Widely-quoted and published in major media outlets.
Paul Sebastien is co-founder of Climate Neutral Commodity, a Swiss-based initiative providing certification and advisory services to the commodity industry in the journey towards climate-neutral transactions. Paul is a former energy trader and he advised several national agencies to develop energy transition programs and he lead nature-based environmental programs in South America.
Peter is the Managing Director of DRUM Risk Limited.
Peter previously worked for a Tobacco multinational in the Baltic States and a Confectionery manufacturer in Russia. It was his experience working in these two industries which led to DRUM being established in 1997.
Peter graduated from the Royal Military Academy Sandhurst joining the Coldstream Guards, with whom he saw operational service in Northern Ireland, Cyprus, Kenya, Germany and Gulf War I.
Jürgen Mayerhofer is the CEO and co-founder of enspired, a fully digital energy trading company. He was CEO of VisoTech, a leading algorithmic trading software provider for European power and natural gas spot markets. Jürgen brings 20 years of experience in the energy industry based on various roles from software engineering, energy trading and management consulting. Since 2019, Jürgen is a guest lecturer at the Vienna University of Economics for algorithmic energy trading. He holds an MBA in Energy Management from the Vienna University of Economics. Jürgen obtained the Stanford GSB LEAD Certificate for Corporate Innovation in 2019 and globally represented Austria as Mission Innovation Champion 2020.
Russell Hardy is CEO of Vitol, a global energy company with revenues of over $140 billion and an asset portfolio spanning power, oil, gas production, energy retail and renewables. Russell has over 30 years’ experience within the energy industry, joining Vitol in 1993 from BP. He has held a number of trading and management roles in Singapore and London and holds a MEng in Chemical Engineering from Imperial College, London.
Collaborating across giants of industry, trade and cryptography, Neo is building a world first open blockchain ecosystem (layer one and exchange) with verified identities and ESG provenance for physical commodity trading.
Maryam Ayati is a leading energy and commodities deal maker, with executive experience in N. America, Africa, Middle East, Europe and Asia.
She has led creation of several multi-billion dollar ventures and business models in start-up and corporate settings - including world firsts in: LNG to mobility, LNG-fueled mining, flare gas to mobility, LNG-fueled drilling and Royal Dutch Shell’s LNG to Downstream and Marine businesses, part of the launch team for the Group’s New Energies business.
Most recently, Maryam ran physical and business-model deal making across Shell Trading’s Global Crude & Oil Products businesses, as well as serving on the M&A executive team.
She advises intergovernmental organizations, governments and energy C-suites on their response to digitalization, energy transition and the future of commodities.
Maryam was co-founder for both KomGo and Vakt enterprise blockchains (founding Board Chairperson for the latter)
Tom James is CIO & CEO and a co- founder of the Trade Flow Funds the innovative digitised trade finance solution for bulk physical commodity transactions being shipped or stored around the world.
After 2 years+ of FinTech development and planning the Digital Trade Finance Fund for USD deals went live in 2018, operating the new approach to physical commodity trade & Inventory finance. This was followed by launch of a Euro fund February 2020. He is the business and system architect for the solution which meets both industry needs and investor appetites combining a unique business model with proven risk management approaches, a fund platform, and Fintech for scalability. His co-founders complete the cross-discipline team necessary to develop and operate the trade finance solution and fund, coming from a legal, maritime and I.T. background. He has over 30 yrs of commercial exposure gained through a broad range of senior executive roles in trading, investment management, commodity finance ( Trade and Project) & advisory. He is called upon by governments & multinationals for advice & insight on market developments. In 2014 he was called upon to serve as a Senior Energy Advisor to the United States Department of Defense (TFBSO) and he currently sits on the “Financing Advisory Resources” panel for Enterprise Singapore, the trade development body of the Singapore Government.
Tom is a serial Commodity Fin Tech entrepreneur with a history of combining technology with best practice in order to create innovative industry services & solutions within the Commodity Industry. He is also a successful published author, having documented and shared his deep industry expertise through a series of 9 books and publications with Wiley Finance, Palgrave Macmillan and Springer.
Samir Neji is the founder of #dltledgers. He is a serial tech-entrepreneur, having spent 24 Plus years conceptualising and building 4 major start-ups. #dltledgers is his latest brainchild, born out of his enthuse to disrupt global cross border trade digitisation. He is focused on innovating blockchain technologies to build efficiency and trust in digitisation of inter-enterprise transactions. He can be reached at Samirn@dlt.sg.
Andrew GlassFounder, Managing DirectorAvatar Commodities
Andrew Glass is Founder & CEO at Avatar Commodities & Head of Sales & Partnerships at Viridios Capital. He has had a diverse career in international commodities for over 25 years, posted in four continents, in a variety of disciplines with a range of physical trading & financial organisations. Each role has had him successfully leading & developing businesses, creating sustainable value in varied products & services across agriculture, energy, mined resources & carbon markets.
Recently he has added carbon emissions & ESG to his expertise in joining Viridios Capital that utilises unique AI technology to value the taxonomy of attributes in the voluntary carbon markets, including sustainability co-benefits. S&P Global Platts has partnered with Viridios Capital to launch voluntary carbon indices for broad price transparency.
He is a passionate advocate of contributing to positive evolution in commodity & carbon markets with innovation, collaboration, transparency & accountability.
Dr Tasneem Krueger-VallyFounderKruegerVallyConsulting
Tasneem has 15 years of experience in structuring and executing complex financing for clients operating in the natural resources and commodities sectors, 7 years of risk management experience and 5 years of consulting experience where she managed projects in various industry sectors across the globe.
Her focus on driving revenues and business growth led to her being awarded Top Dealmaker, two years successively by TXF.
Tasneem holds a doctorate in Chemical Engineering and Masters in Business Administration.
She currently serves on the executive committee of the London Trade Roundtable.
Derek SammannGlobal Head of Commodities and Options ProductsCME Group
Derek Sammann has served as CME Group's Senior Managing Director, Global Head of Commodities & Options Products since 2014. He is responsible for leading the development, execution and management of CME Group's global Commodities portfolio, including the Energy, Metals and Agricultural business lines. He also globally leads the company's cross-asset class Options business. Since joining CME Group in September 2006, Sammann also has served as Senior Managing Director of Interest Rates and FX Products, and as Managing Director, Global Head of Foreign Exchange. Prior to joining CME Group, Sammann acquired more than 16 years of sell-side trading experience in the global FX market, including serving as Managing Director, Global Head of FX Options and Structured Products at Crédit Agricole Corporate & Investment Bank in London. He also held senior level positions with Crédit Agricole Indosuez in London, Banque Indosuez in Paris and Cooper, Neff & Associates in Chicago. Sammann serves as a member of the Board of Directors of the following entities: the Dubai Mercantile Exchange, the COMEX Board of Governors and the Commodities Markets Council, where he also serves as Treasurer. Sammann also serves on the Shanghai Gold Exchange’s International Advisory Board, the Commodity Futures Trading Commission's Energy and Environmental Markets Advisory Committee and the Security Traders Association’s Listed Options Committee. He holds bachelor's degrees in both economics and political science from Northwestern University.
Grant is a Partner with Omni Partners LLP, a leading London based hedge fund. He has over 27 years of experience in financial markets. Previously CEO of Infinity Capital Markets and Head of European Credit Trading and Managing Director of Barclays Capital, he has also set up and run credit trading desks at Salomon, UBS and HSBC.
Chris MahoneyChairmanED&F ManFormer CEOGlencore Agriculture
The Board of ED&F Man, the agricultural commodities and financial services merchant, operating in 55 countries, appointed Chris Mahoney as its non-executive Chairman, from 15 March 2021.
Chris brings almost 40 years’ experience in the agricultural commodity processing, handling and trading industry with a particular focus on both soft commodities and the grain and oilseeds sectors. During his 17-year tenure as CEO, Glencore Agriculture was transformed into a leading agricultural business with 16,000 employees, 240 processing and handling facilities and annual turnover of 30 billion USD.
Charlotte MortonChief ExecutiveWorld Biogas Association
A practising lawyer for 10 years, Charlotte Morton studied for her MBA at London Business School before setting up a car club business. Asked to establish the business side of ADBA in 2009, she saw the potential of an industry that can deliver huge potential and value to the UK. Given the even bigger global potential, which must be achieved if the Paris Climate Change targets and UN Sustainable Development Goals are to be met, Charlotte played a pivotal role in establishing the World Biogas Association in 2016 to promote and increase the rate of uptake of biogas globally. Charlotte is also on the board of Green Gas Trading Ltd, which runs the Biomethane Certification Scheme.
An experienced business leader and board representative, Baddi is a former banker and ex-head of trade finance for Socéité Générale in Geneva. Since 2018 she is the CEO of Komgo, a global software development and IT services company, offering digital network and workflow solutions for the trade finance industry. Baddi sits on the boards of Sucafina, a leading sustainable Farm to Roaster coffee company; and Farmer Connect, a technology company dedicated to improving commodity traceability. She holds a Master in Finance, Statistics & Economics from ENSAE.
Arnoud Star BusmannCEOMineHub
Alex BoothHead of ResearchKpler
Dmitry V ZhdannikovEnergy Editor EMEAReuters
Ron BoussoOil and Gas Corporates CorrespondentReuters