Puma Energy appoints Hadi Hallouche as new CEO

Effective from 30th September, ahead of the anticipated consolidation of Puma Energy into Trafigura. Carlos Pons will become Chief Financial Officer.

Puma Energy announces Hadi Hallouche will become Chief Executive Officer on a permanent basis from 30th September, ahead of the anticipated consolidation of Puma Energy into Trafigura. The appointment is subject to shareholder approval, according to a press release.

At the same time, Carlos Pons will become Chief Financial Officer. Andrew Kemp, interim Chief Executive Officer will step down from this position on 30th September, the date the company expects the consolidation to become effective.

Hadi Hallouche takes up his CEO position after having been an active member of the Puma Energy Board since October 2020. He has been Co-Head of Trafigura’s Oil Trading Division since October 2019 and is a member of the Trafigura Management Committee, roles he will retain alongside that of Chief Executive Officer of Puma Energy.

Carlos Pons gained experience from a career including key roles in finance, corporate transactions, investments and executive management at Goldman Sachs, Glencore and Trafigura amongst others.

Puma Energy is a leading global energy business, providing energy solutions in 44 countries and across six continents. Puma Energy has around 2,500 retail sites, a presence at over 80 airports and a network of storage terminals.

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), and has recently established a power and renewables trading division.