Rabobank has hired Frank van Oordt as global head of energy and metals within trade and commodity finance (TCF), a newly-created role which sees the energy and metals sectors being brought together under one head.
He replaces Dirk Kuiper, who formerly held the role of global head of energy for TCF and has now taken up the role of executive director within the bank’s financial restructuring international unit in Utrecht.
Van Oordt joins Rabobank from the World Bank, where he worked for four years as a consultant to various Asian governments on a number of gas projects. Prior to this, he spent 15 years at Shell, holding several senior roles in gas as well as helping the company shape its energy transition strategy.
Based in Utrecht, van Oordt reports to Jasper van Schaik, the bank’s global TCF head, and oversees energy and metals activities in Rabobank’s 11 TCF offices around the globe. In his new function, he also becomes a member of the TCF global management team.
Speaking about van Oordt’s appointment, van Schaik says: “With his deep knowledge of the energy transition, and strong industry experience in natural gas and LNG, we believe he is the right person to further sharpen our energy and metals strategies, in which we already have implemented our energy transition efforts in the context of the Paris Accord.”