Trafigura announces appointment of Chin Hwee Tan as Chief Executive Officer Asia-Pacific
Singapore, 11th January 2016 - Trafigura Group Pte Ltd, a market leader in the global commodities industry, today announced that Chin Hwee Tan has joined the company as Chief Executive Officer for Asia-Pacific with responsibility for continuing the growth of Trafigura’s business across the region.
Chin Hwee brings two decades of experience in management and financial roles, most recently as the founder of the Asian operations of Apollo Global Management LLC, a global alternative investor with over US$185 billion in assets under management. He was voted by the Hedge Fund Journal as one of the emerging top 40 absolute return investors globally and also named for managing the Best Asia Credit Hedge Fund by The Asset. He is also the winner of the Distinguished Financial Industry Certified Professional (FICP) Award from the Singapore government and winner of the World Outstanding Young Chinese Entrepreneurs Award 2015.
Prior to joining Apollo, Chin Hwee was a Managing Director at Amaranth Advisors LLC, an American multi-strategy hedge fund responsible for identifying and evaluating public and private investment opportunities across the capital structure across Asia.
Chin Hwee sits on various for-profits and not-for-profit Boards including Singapore Press Holding, NRC Chair for Keppel real estate investment trusts (REIT), Lien Aid Limited (Singapore), the KKH Health Endowment Fund by KK Women's and Children's Hospital and the advisory board of the Shanghai Advanced Institute of Finance at Shanghai Jiaotong University. Most recently, he was appointed to the Board of Trustees for Nanyang Technological University, concurrent to his appointment to the Monetary Authority of Singapore's Finance Centre Advisory Panel. Chin Hwee is also an advisor to the Finance and Treasury committees for International Olympic Council, Switzerland.
Jeremy Weir, Chief Executive Officer for Trafigura said: “We are delighted that Chin Hwee has accepted the role, bringing a wealth of experience which will be extremely valuable in driving our future growth across Asia-Pacific.”
Chin Hwee said: “Much as I had wanted to slow the tempo following an eventful career in investment management, the opportunity to be an integral part of a team who holds a pivotal position in a dynamic sector both in Singapore and globally was compelling.”
Chin Hwee will be based in the company’s Singapore office.
ENDS
For further information please contact:
Poh Leng Yu, Ruder Finn PR Singapore - Tel: +65 6235 4495 or Email: yupl@RuderFinnAsia.com
Trafigura’s Global Press Office - Tel: +41 (0) 22 592 4528 or Email: media@trafigura.com
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 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 over 600 of its almost 5,300 employees who work in offices in 37 countries around the world. Trafigura has achieved substantial growth over the last ten years, growing turnover from USD12 billion in 2003 to USD97.2 billion in 2015. The Group has been connecting its customers to the global economy for more than two decades, growing prosperity by advancing trade.