Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Arcadia Said to Shut Dubai, Switzerland Offices Amid CEO Change

Arcadia, the energy trader owned by billionaire John Fredriksen, is shutting its offices in Dubai and Switzerland, said three people with knowledge of the plans.

Some staff from the Swiss office in Nyon will be relocated to London and Singapore, according to the people, who asked not to be identified because they aren’t authorized to speak to the media. Arcadia has appointed Paul Adams as chief executive officer, replacing Peter Bosworth, the people said. Reuters reported Bosworth’s departure on March 28. Nobody responded to four phone calls and three e-mails to Arcadia’s London office or three calls to officials in Singapore.

Arcadia also has offices in London, Brisbane, Cyprus and Rancho Santa Fe, California, according to its website. The group trades and markets crude and oil products.

Arcadia was bought by Farahead Holdings Ltd. in 2006 from Japan’s Mitsui & Co., according to the company’s website. Farahead is indirectly controlled by trusts set up by Fredriksen.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.