SM&T Press Release – Frédéric Barnaud Appointed Co-Chief Executive Officer of SEFE Marketing & Trading Limited

He will perform this role with effect from 1 September 2022 alongside CEO Wolfgang Skribot.

Frédéric Barnaud’s core responsibilities will be the Global LNG Trading and the Global Commodity & Derivatives Trading business units. His previous roles include appointments as Group Commercial and Strategy Officer of Mercuria Energy Trading in Geneva and CEO of Pavilion Energy in Singapore. He also held senior roles in Gazprom Marketing & Trading and TotalEnergies.

Dr. Egbert Laege, Managing Director of Securing Energy for Europe GmbH in Berlin and Chairman of the Board of Directors of SM&T commented: “I am delighted to welcome Frédéric Barnaud on board of SM&T. Frédéric Barnaud will complete the leadership team and bring broad commercial experience in global commodity trading and management. His appointment will strengthen the SEFE Group's presence in the global commodity markets.”

Frédéric Barnaud said: “I am extremely pleased to join SM&T at this decisive moment. I will bring all my energy, passion and experience to the further development of SM&T and the wider SEFE Group.”

About SEFE

SEFE, an international energy company, ensures the security of supply and drives the decarbonisation of its customers. SEFE’s activities span the energy value chain, from origination and trading to sales, transport and storage. Through its decades-long expertise in trading and the development of its LNG business, SEFE has become one of the most important suppliers to industrial customers in Europe, with an annual sales volume of 200 TWh of gas and power. Its 50,000 customers range from small businesses to municipalities and multinational organisations. By investing in clean energies and especially in the hydrogen ecosystem, SEFE is contributing to the energy transition. The company employs around 2,000 people globally and is owned by the Federal Government of Germany.

Securing energy – now and for the future.