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MB Energy
| Press release

Jonathan Perkins is to become the new CEO of Mabanaft

With effect from 1 July 2020, Jonathan Perkins will take over as CEO of Mabanaft GmbH & Co. KG. He succeeds Tim Bullock, who will in future focus on expanding his activities outside the company as a non-executive director and member of the advisory board.

Tim Bullock joined Mabanaft in April 2019, taking up the newly created role of CEO. He played a key role in shaping Mabanaft’s strategy, which focuses on downstream-oriented expansion. This gives Mabanaft a strong foundation for the future.

With effect from 1 July 2020, Jonathan Perkins, who has been CFO of the trading group since September 2019, will take on the role of CEO of Mabanaft. Jonathan Perkins has more than 15 years’ management experience in international commodities trading, investment banking and the consultancy sector. Before joining Mabanaft, he held the position of General Manager of Global Finance & Treasury at Gazprom Marketing & Trading, a global energy trading company based in his home city of London.

“Tim Bullock’s departure is a loss to the group, but we respect his decision. We are grateful for his contribution and wish him all the best. At the same time, we are delighted to have found an internal successor in Jonathan Perkins, who possesses excellent leadership qualities to successfully drive the Mabanaft trading group forward,” explains Mark Garrett, CEO of Marquard & Bahls.


Mabanaft GmbH & Co. KG is a subsidiary of Marquard & Bahls, an agile, independent holding company in the energy and chemicals sector. As an international trading company with offices in Germany, the UK, the USA and Singapore, Mabanaft focuses on physical wholesale trading as well as the supply and trading of petroleum products. In addition, the company is active in the areas of petrol station operations, heating oil retail, lubricants, bunkering services, and the trading of natural gas liquids and biofuels.
www.mabanaft.com