Vitol Investments Head Ahmed to Leave Trading House at Year-End

Vitol Group’s head of acquisitions and investments, Javed Ahmed, is leaving the trading house after 13 years with company.

He will depart at the end of the year, according to a person familiar with the matter who asked not to be identified and who cited an internal memo. A direct replacement wasn’t named in the memo.

Ahmed oversaw major deals that helped turn Vitol — predominantly known as a trader of crude oil — into a multi-asset energy firm with investments in refineries, power plants and renewables. They included the establishment of downstream fuel business Vivo Energy, Varo Energy ...