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Jan-Willem van der Velden appointed as new Managing Director of Mabanaft GmbH & Co. KG

19.07.2010 - Hamburg:

Jan-Willem van der Velden will succeed Christian Flach who is taking over as CEO of Marquard & Bahls AG effective 1st January 2011.

Jan-Willem van der Velden started his career within Mabanaft in 1997 as a trader in the international markets. In 2000 he became Managing Director of the Rotterdam subsidiary, B.V. Mabanaft, and has been instrumental in positioning the company as a leading player in the ARA region and beyond. For the last three years Jan-Willem van der Velden has been responsible for all trading activities of the Mabanaft group in his position as Director Trading. He contributed substantially to the expansion of the "Global Book", the international trading business with offices in Rotterdam, Houston and Singapore.

As of 1st January 2011 he will be in charge of the entire Mabanaft Group.

Mabanaft is the trading division of Marquard & Bahls, Hamburg, a leading independent petroleum company, privately owned. The business encompasses international trading and the import and wholesale of petroleum products. Furthermore, the company is active in service stations, heating-oil retail, lubricants, biofuels and bunker services. Through its subsidiaries and representative offices, Mabanaft is well positioned in all important regions worldwide.

For more information on Marquard & Bahls, please visit www.mbholding.com.

For media inquiries, please contact:

Heidi Pipo
Corporate Communications
+49 40 370 04 255
ed.gnidlohbm@opip.idieh