Holtum, a former British military officer, has seen a rapid rise at Trafigura since he joined from Glencore in 2014. He currently runs Trafigura’s gas, power and renewables division.

A Trafigura spokesperson declined to comment on the appointment.

Reuters exclusively reported in April that CEO Jeremy Weir was priming Richard Holtum to take over when he step back into a chairman role.

http://www.miningnewspro.com/en/News/629091/Trafigura to announce Richard Holtum as new CEO as soon as next week