RWE Trading reorganises coal, oil and freight ops

Alex Thistlethwayte has joined RWE Trading, part of German utility RWE, as head of a new department, Global Commodities Trading. He was previously director of oil trading at Deutsche Bank in London and has also traded natural gas at BP. The move is part of a reorganisation of RWE Trading’s coal, oil and freight activities.

Two new departments – Global Commodities Trading and Global Commodities Merchant Operations – will form a new Global Commodities department, comprising coal, oil and freight. RWE Trading wanted to bring the together its coal, oil and freight trading and physical marketing & procurement activities.

Thistlethwayte’s direct reports will be Julie Arnold, who becomes desk head of steam coal trading and Andy Mills, the new desk head of oil trading. Arnold was previously on RWE’s complex desk

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