Gulf Petrochem Group strengthens global trade with new Southern & Sub-Saharan Africa trading desk
Source: Limelight PR for Gulf Petrochem Group , Author: Posted by BI-ME staff
Posted: Thu November 23, 2017 11:11 am

UAE. Gulf Petrochem Group (GP) has further strengthened its global trade with the addition of a dedicated Southern Africa and Sub-Saharan Africa Trading Desk at its office in Rotterdam.

Three dedicated professionals with extensive local market knowledge and sectoral experience have joined the Trading Desk to support clients in boosting trade with the promising markets in Africa. 

Mr. Ngari Githitho has joined GP as Trader – Petroleum Products, East Africa, and will report to Mr. Avik Ghosh, Global Head - Fuel Oil & Distillates, while Ms. Yolanda Nell and Mr. Gert Nell have joined as Bunker Traders, South Africa in GP Global ARA BV. Both will be based in Rotterdam, and report to Chris Todd, Head – Bunkering, West of Suez.

Prerit Goel, Group Director at Gulf Petrochem Group, said: “The addition of a dedicated Southern Africa and Sub-Saharan Africa Trading Desk will further support our global client base providing them informed insights into the trading dynamics of the region. The two regions have tremendous growth potential and are central to the new global trade links that are being fostered, especially with China’s One Belt, One Road initiative. The regions have a strong role in meeting global demand for commodities and serve as a vibrant market for developed and developing nations in meeting their demand for raw materials.”

The new Trading Desk is underpinned by the extensive market knowledge of the three team members who have over 20 years of experience in the region. 

Mr. Ngari Githitho was previously associated with MENA Energy DMCC as Trader - Middle Distillates looking at Physical Oil Trading for Middle Distillates in East & West of Suez. He has exposure to calculating arbitrage economics for East of Suez to West and vice versa, to take advantage of the spot opportunities arising. He has also worked as Manager - Commercial Trading Operations managing Cross Barrel Commercial Trading & Operations, and with MOGAS International Kenya Ltd in Trading & Finance Operations as well as with Standard Chartered Bank as Manager Import LC Desk. 

Ms. Yolanda Nell was associated with Bomin (Mauritius) Ltd as Senior Physical Bunker Trader. Apart from trading, she was responsible for project support, compliance, legal & accounting structures.

She managed the coordination of physical operations with Cargo & Bunker supplies. She has also worked in the capacities of Operational & Administrative Manager and Accountant.

Mr. Gert Nell was also previously with Bomin (Mauritius) Ltd as General Manager and Bunker Trader. He was responsible for meeting with government officials for negotiations and establishing a new group physical supply in new countries. He successfully built the Sub-Sahara supply network, covering 25 new countries, 50 new ports and more than 500 supply contacts. 

Gulf Petrochem Group is fast expanding its global market spread and plans future expansion in the Europe, Middle East and APAC. 

Photo Captions:
1. (above)  Prerit Goel, Director at Gulf Petrochem Group
2. (inset)  For illustrative purposes only (File photo)
 
About Gulf Petrochem Group
Gulf Petrochem Group is a leading player in the oil industry, specializing in Oil Trading and Bunkering, Oil Refining, Grease Manufacturing, Oil Storage Terminals, Bitumen Manufacturing, and Shipping and Logistics. Headquartered in United Arab Emirates, with a presence in South Asia, the Far East, Africa and Europe, Gulf Petrochem has emerged as one of the most well-established manufacturers and traders of petroleum products in major parts of the world.

 

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