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ABN Amro Hires Ex-Trafigura’s Mulder as Global Commodities Head

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Sept. 26 (Bloomberg) -- ABN Amro Group NV hired Jan-Maarten Mulder as global head of commodities, a newly-created role.

Amsterdam-based Mulder reports to Maarten Terlouw, global head of energy, commodities and transportation, ABN Amro said in an e-mailed statement today. ABN Amro combined agriculture, metals and energy commodities teams into a single business, according to the statement. Mulder was global head of corporate finance and treasury at Trafigura Beheer BV from 2006 to 2012.

“Commodities is a very important segment within ECT and we believe this development will strengthen our ability to provide a leading client service,” Terlouw said of the decision to combine the teams, according to the statement.

Terlouw was recently promoted to global head of ECT from global head of energy, replacing Harris Antoniou, who left last month. Terlouw joined ABN Amro last year and previously was head of Royal Bank of Scotland Group Plc’s global industrials team in London. Rui Florencio was promoted to global head of energy commodities, reporting to Mulder, according to the statement.

Energy and transportation sector teams will continue to operate separately within ECT division, the bank said.

ABN Amro, formed after the collapse of Fortis in 2008, will be sold to the public for as much as 15 billion euros ($20 billion) in about a year, according to the Dutch government.

Mulder worked at Fortis commodities division before Trafigura.

To contact the reporter on this story: Maria Kolesnikova in London at mkolesnikova@bloomberg.net

To contact the editor responsible for this story: John Deane at jdeane3@bloomberg.net

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