Alexander Peters
Baar
Summary
A seasoned Group Chief Financial Officer, adept in strategic financial planning and corporate leadership, with a proven track record in the natural resource industry. Spearheaded major M&As, enhanced financial frameworks, and led global restructuring, significantly boosting efficiency and investor relations. Expert in financial management and a visionary in driving business growth.
Overview
34
34
years of professional experience
Work History
GROUP CHIEF FINANCIAL OFFICER
TORQ COMMODITIES / ORIGIN COMMODITIES GROUP
01.2024 - Current
- Company Overview: Torq Commodities Group is a leading commodity conglomerate active in the responsible sourcing of agricultural products, metals and minerals, energy products and shipping. The global operations are spanning over 17 offices with a workforce in excess of 250 employees
- Leading the project of global group restructuring and relocating the corporate headquarter to Zug/Switzerland with a strong emphasis on tax, transfer pricing and corporate governance topics
- Successfully overhauled and reengineered the entire accounting, controlling and FP&A function of the group
- Origination of sovereign wealth funds, institutional investors, UHNWI and investment funds for renewable energy projects in Africa and LATAM (PV solar farms and biogas) to power sustainable farming and responsible mining activities
- Financial reengineering of the corporate funding and trade finance landscape of the group
- Implementation of a new group wide ERP system as part of the digitalization strategy
- First time introduction and transition of the global financial reporting function from local GAAPs to IFRS
- Spearheaded the acquisition of a financial trading desk in London for oil&gas
- Spearheading renewable energy projects in Africa & LATAM for sustainable and regenerative farming
- Business development of green coffee bean trading in US and Middle East
Group CFO
ARROWRESOURCES GROUP / AOT ENERGY
02.2018 - 12.2023
- Company Overview: Arrow Group is a high-growth, private equity backed (USD 10 billion assets under management), leading Swiss natural resources conglomerate active in the investment and development of oil & gas, power, renewables and mining assets. The Group is managing the entire supply chain from upstream, mid- to downstream working with majors in its sector with a combined revenue in excess of USD 10 billion and assets over USD 2 billion. The company has over 4.500 FTEs globally.
- Responsibility: Spearheaded the origination, M&A process, and post-merger integration of a $ 10 billion oil & gas business (AOT ENERGY)
- Completed acquisition of a Romanian power plant including a photovoltaic park with an installed capacity of 200 MW and a 3 MW electrolysis hydrogen production plant
- Secured access to the Alexandroupolis FSRU locking into a 15 year LNG to gas capability, with a total nominal regasification and send-out capacity of 15mcm/day
- The FSRU to started activity from 1Q24, with gas transport capacity booked up to Bulgaria, and marketed downstream across the entire region including Bulgaria, Romania, Serbia, and North Macedonia
- Negotiated LNG deliveries from Egypt to supply into the SEFE Marketing & Trading programme for energy security for Germany and Western Europe
- Development project of a 80 MW PV solar park in Romania, 100 MW PV solar park in Northern Macedonia, 80 MV PV solar park in Cyprus, Development of a 120 MW PV solar park in Greece
- Renewables project for a 40MW PV plant in Ivory coast and 80MW in Dominican Republic
- Developed cooperation with Trafigura/Rosneft for sourcing crude oil & feedstock from Russia (unwound upon sanctions entering into force)
- Developed a global LNG trading desk with backing from TotalEnergies, Engie, EGAS, ADNOC & Trafigura for deliveries to Europe and APAC region
Group Chief Financial Officer
SAHARA ENERGY INTERNATIONAL PTE LTD
01.2014 - 01.2016
- Company Overview: Sahara Group is a top-tier vertically integrated energy company overspanning the entire oil, gas & power value chain with over 5000 employees worldwide. The company is a well diversified energy sector player with over USD 6 billion in industrial assets and a turnover in excess of USD 15 billion
- Responsilitiy: Leading the groups financial function for the upstream, mid- and downstream sector for oil, gas and power in charge of offices in Singapore, Switzerland, UK, Brazil, Dubai and West Africa
- Assuming for Geneva office next to CFO also CEO responsibility (40 headcounts including crude oil, refined products & gas traders, operators, accounting, controlling, treasury, trade & structured finance, credit & risk management, compliance, HR & IT)
- Negotiating tax rulings and service management agreements
- Team leadership: Managing and coaching 15 direct and 45 indirect reports eliminating cross-cultural differences within the finance function
- Assuming the position of Chief Compliance & Risk Officer
- Heading the internal controls unit
- Leading the M&A function of the group
- Investor relations and spearheading roadshows for bond placement and equity sponsorship
- Sahara Group is a top-tier vertically integrated energy company overspanning the entire oil, gas & power value chain with over 500 employees worldwide
- The company is a well diversified energy sector player with over USD 6 billion in industrial assets and a turnover in excess of USD 15 billion
- Successfully de-consolidated 15 group companies in upstream, midstream & downstream segment (oil storage, jetties & petrol stations and power generation) to reach IPO readiness for imminent LSE listing, ring-fenced them from the group and equipped them with stand-alone financial reporting, operations, HR and IT functions
- Developed a 200 mmbbl global crude oil trading desk with sourcing from Nigeria, Equatorial Guinea and deliveries into Western Africa, Europe and APAC region
- Sourcing products from Middle East for supply to East Africa
- Managing supply and sales for two refineries in Ivory Coast & Ghana
- Structured and developed the LPG joint venture with NNPC for a USD 5 billion trading desk for LPG out of Nigeria for supplies to Western Africa and Southeast Asia
- Spearheading the process of obtaining a production license for OML 148 onshore oil assets in Niger Delta
- Leading the M&A activities for the divestment of Total's interest in OML 138
- Securing financing for USD 1.5 billion for African power business with an installed capacity of 3.800 MW
- Successful completion of a USD 2 billion LNG project encompassing building of an LNG port terminal, jetty to utility and installation of a floating LNG regasification unit (FSRU) and financing of 10 years LNG flows to the Government of Ghana
Head of Finance Energy and Mining
TRAFIGURE PTE LTD.
09.2011 - 12.2013
- Company Overview: Heading the finance function of the global energy and mining supporting the accounting/controlling/trade finance/treasury/risk management of the global offices along with over 50 affiliated companies and SPVs domiciled in Switzerland
- Managing the accounts of Trafigura AG the US arm of Trafigura group headquartered in Lucerne/CH
- Heading the group's trade & structured finance agenda for energy and mining
- Team leadership: Managing and coaching 19 direct and 350 indirect reports across the global finance function
- Managing the crude for product contracts in Angola, South Sudan, and Nigeria
- Leading the task force for the establishment of Trafigura Eurasia LTD for crude oil and products sourcing platform from Rosneft
- Heading the finance function of the global energy and mining supporting the accounting/controlling/trade finance/treasury/risk management of the global offices along with over 50 affiliated companies and SPVs domiciled in Switzerland
- Lead-negotiator for the landmark deal of 10 MMT crude oil offtake agreement with Rosneft/Russia and subsequent syndication of a USD 1.5 billion PXF for crude oil and products with a 5 year tenor
- Closure of USD 1 billion financing facility for the offtake of crude from Angola/Africa
- Managing a USD 850 million investment program with TDR terminal in Corpus Christi to expand on the growing crude oil production from the Eagle Ford Shale
- Successfully managed the transition from a Swiss based to Singapore based tax systems and obtaining a tax ruling in Singapore (Global Trader Program)
- Subject matter project lead for the launch of the inhouse-developed »Titan« CTRM trade capture and reporting IT-architecture
Group Finance Director
RAIFFEISENBANK INTERNATIONAL AG
09.2008 - 08.2011
- Company Overview: Raiffeisen Foreign Trade is the physical commodity trading house embedded in the publicly listed Raiffeisenbank Group active in trading oil/gas products (crude oil, refined products, LPG, LNG), renewables and petrochemicals and mining products
- Heading the global finance function of the at headquarters in Vienna responsible for the accounting/controlling/credit & risk/trade finance of the global offices along with over 60 affiliated companies and SPVs domiciled in global locations
- Heading the accounting & controlling, treasury, credit/risk management (incl Compliance) HR, IT and legal function of the group
- Team leadership: Managing and coaching 20 direct and 280 indirect reports across the global finance function
- Leading the banks IT-task force to migrate the accounting/treasury/controlling & risk function to SAP in order to optimize the consolidation process with the bank and advance reporting
- Raiffeisen Foreign Trade is the physical commodity trading house embedded in the publicly listed Raiffeisenbank Group active in trading oil/gas products (crude oil, refined products, LPG, LNG), renewables and petrochemicals and mining products
- Developed a global LNG trading desk
- Set up a crude oil & feedstock trading business for refineries in Europe
- Managing natural gas imports from CIS region to Baumgarten Hub in Austria and sales to Western & Central Europe
- RBL Financing of OMV E&P assets across the globe
- RBL financing and offtake agreements from Rosneft, Gazprom, Lukoil, MOL & Novatek
- Supply and offtake agreements with Petrom Romania and Petrol Ofisi Turkey
Managing Director - Country Manager CEE
AON CREDIT INTERNATIONAL LTD, AON Group
03.2005 - 08.2008
- Company Overview: Aon Credit is the world's largest publicly listed broker for financial services products with focus on structured credit and debt solutions (Borrowing Base, PXF, M&A, Capital Markets, Project Finance, Securitization, ABS, Captive Insurance, Factoring) with headquarter in Chicago/US employing worldwide more than 10.000 people
- Heading the Vienna Branch Office with activities in Western, Central and Eastern Europe servicing clients in commodity industry managing 50 directs reports
- Excercising the CFO function of the affiliate building a robust strong accounting & controlling structure consolidating regional offices in CEE with headquarter
- Key account management of majors in the mining (Voest Alpine, MFC Commodities, Safin, DCM), energy (BP, SHELL, OMV, GAZPROM, LUKOIL) and logistics (MAERSK, LKW WALTER, PANALPINA, KUEHNE UND NAGEL)
- Aon Credit is the world's largest publicly listed broker for financial services products with focus on structured credit and debt solutions (Borrowing Base, PXF, M&A, Capital Markets, Project Finance, Securitization, ABS, Captive Insurance, Factoring) with headquarter in Chicago/US employing worldwide more than 10.000 people
- Managing and coaching training 50 direct and 250 indirect reports across European group affiliates
- Leading the key account management team in acquiring new clients and business enlarging and diversifying the product portfolio
- EUR 500M bond placement with Voest Alpine (largest Austrian metals group)
- Structured credit and debt instruments for Central European Gas HUB Baumgarten
- Provided structured credit & debt facilities OMV, MOL, ROSNEFT, LUKOIL and PETROL
- Successfully accompanied M&A activities (privatization of refineries) in the Balkans
- Setting up a USD350M PXF for RHI AG for minerals purchase (world leader in refractories)
- Providing ship finance for LPG and LNG carriers for oil majors
Group Finance Director
MTI Marketing & Trading
02.1991 - 02.2005
- Company Overview: MTI is a leading industrial group with over USD 5 billion in assets covering the commodity sector. The group is active in the investment into natural resources and development of international trading covering energy and mining sector with annual sales totaling USD 11 billion
- Responsibility: Heading the global finance function of Vienna headquarter, responsible for the financial reporting, credit & market risk management/trade finance & treasury of the global offices along with over 45 affiliated companies and SPVs domiciled in global locations. Responsibility for the IT, compliance, and legal function of the group. Team leadership: Managing and coaching 40 direct and 150 indirect reports across European group affiliates
- Integration and upgrading of global CTRM and accounting/controlling IT-infrastructure
- Established and developed a refined product trading desk in Central Eastern Europe
- Structuring equity participation in upstream assets in Russian & Kazakhstan
- Setting up a global 2MMT steam coal, metallurgical coal and met coke trading desk with flows from CIS, China, South Africa & Australia to European and Asian customers
- Marketing of LPG in CEE and the Mediterranean region
Education
MBA - FINANCE
WEBSTER PRIVATE UNIVERSITY
VIENNA, AUSTRIAEXECUTIVE MASTER OF INTERNATIONAL BUSINESS LAW - INTERNATIONAL BUSINESS LAW
UNIVERSITY ST. GALLEN
St. Gallen,, SwitzerlandCHIEF EXECUTIVE CERTIFICATE OF ADVANCED STUDIES - INTERNATIONAL CORPORATE FINANCE
INSEAD BUSINESS SCHOOL
Fountainebleau, FranceENERGY AND IT LAW PROGRAM - ENERGY AND IT LAW
UNIVERSITY OF TEXAS
Austin, Texas, USPROGRAM INTERNATIONAL TAX LAW - INTERNATIONAL TAX LAW
NEW YORK UNIVERSITY
New York, United StatesExecutive Program On Negotiation - Legal Negotiation
HARVARD LAW SCHOOL
Cambridge, United StatesSkills
- Strategic financial planning
- Financial management
- Financial reporting
- Performance metrics analysis
- Mergers and acquisitions experience
- Budget development
- Corporate leadership
- Business valuation techniques
- Investor relations management
- Tax planning and strategy
- Financial leadership
Languages
English
Bilingual or Proficient (C2)
German
Bilingual or Proficient (C2)
French
Advanced (C1)
Timeline
GROUP CHIEF FINANCIAL OFFICER
TORQ COMMODITIES / ORIGIN COMMODITIES GROUP
01.2024 - Current
Group CFO
ARROWRESOURCES GROUP / AOT ENERGY
02.2018 - 12.2023
Group Chief Financial Officer
SAHARA ENERGY INTERNATIONAL PTE LTD
01.2014 - 01.2016
Head of Finance Energy and Mining
TRAFIGURE PTE LTD.
09.2011 - 12.2013
Group Finance Director
RAIFFEISENBANK INTERNATIONAL AG
09.2008 - 08.2011
Managing Director - Country Manager CEE
AON CREDIT INTERNATIONAL LTD, AON Group
03.2005 - 08.2008
Group Finance Director
MTI Marketing & Trading
02.1991 - 02.2005
MBA - FINANCE
WEBSTER PRIVATE UNIVERSITY
EXECUTIVE MASTER OF INTERNATIONAL BUSINESS LAW - INTERNATIONAL BUSINESS LAW
UNIVERSITY ST. GALLEN
CHIEF EXECUTIVE CERTIFICATE OF ADVANCED STUDIES - INTERNATIONAL CORPORATE FINANCE
INSEAD BUSINESS SCHOOL
ENERGY AND IT LAW PROGRAM - ENERGY AND IT LAW
UNIVERSITY OF TEXAS
PROGRAM INTERNATIONAL TAX LAW - INTERNATIONAL TAX LAW
NEW YORK UNIVERSITY
Executive Program On Negotiation - Legal Negotiation
HARVARD LAW SCHOOL
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