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 is an international energy company anchored in Europe, delivering energy solutions that ensure reliable and affordable supply. Our activities span the entire energy value chain – from origination and trading to sales, transport and storage. With decades of trading expertise and a growing LNG portfolio, SEFE is one of Europe’s leading suppliers to industrial customers, providing more than 200 TWh of gas and power each year. We supply over 50,000 clients, from small businesses to municipalities and multinational organisations. By investing in clean energies, we support our customers on their decarbonisation journey and contribute to the energy transition. SEFE employs over 2,000 people worldwide and is owned by the Federal Government of Germany.

Securing energy – now and for the future.