Press Releases

July 11, 2017

A New Managing Director for Mabanaft

Adam Patrick Ritchie (45) has been appointed Managing Director of Mabanaft GmbH & Co. KG with effect from August 1, 2017. In this role, he will be responsible for the entire trading group and report to the CEO of Marquard & Bahls AG.

Adam Ritchie succeeds Marquard & Bahls CEO Christian Flach, who has also been serving as Interim Managing Director of the Mabanaft group since March 2016.

"We are delighted to have gained, in Adam Ritchie, a new Managing Director for our trading group who is very experienced in the international oil industry. In his new position, he assumes responsibility for the entire Mabanaft group with its Trading, Retail and Bunkering business areas. Adam Ritchie aims to generate further growth in a challenging market. His international expertise, particularly in trading, is an excellent starting point," says Christian Flach, CEO of Marquard & Bahls.

Adam Ritchie has more than 20 years of management experience in the oil industry. After studying mechanical engineering and engineering at the University of Melbourne, he held various positions at Shell, including roles based in his home country Australia, the United Kingdom and the United States. Most recently, he was the Executive General Manager of Caltex Australia, for which he successfully built up trading in Singapore.

Mabanaft GmbH & Co. KG is a subsidiary of Marquard & Bahls, a Hamburg-based family-owned company that operates in the fields of energy supply, trading and logistics. Mabanaft‘s business encompasses the import and wholesale of petroleum products. Furthermore, the company is active in bunker services, service stations, heating-oil retail, lubricants and biofuels.

Marquard & Bahls AG is a Hamburg-based family-owned company that operates in the fields of energy supply, trading and logistics. Its core lines of business include trading, tank storage logistics and aviation fuelling. Furthermore, the company is active in dry bulk handling, renewable energies, carbon trading, fuel analysis and gas supply. Through its subsidiaries, Marquard & Bahls has a presence in 36 countries in Europe, America, Asia and Africa and employs more than 8,000 people.

Press Contact

Corporate Communication
Marquard & Bahls AG
Koreastraße 7
20457 Hamburg

+49 40 37004-0+49 40 37004-7609