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Mr. Thierry Grauwels appointed as Chief Financial Officer (CFO)

Posted on July 3, 2019

As of 01/07/2019, Mr. Thierry Grauwels from FLUXYS S.A., one of the companies of the Consortium of SENFLUGA (SNAM, FLUXYS and ENAGAS) that owns the 66% of DESFA’s shares, is appointed as Chief Financial Officer (CFO) of DESFA. Mr. Grauwels succeeded Mr. Dimitrios Kardomateas who was exercising the duties of CFO as of August 2015, in parallel with the duties of his position as Head of Strategy and Development where he remains.

Mr. Thierry Grauwels has a long experience in the oil and gas industry of approximately 20 years. He holds an MSc in Mechanical Engineering from the University of Louvain-La-Neuve, Belgium and an MBA from the Vlerick Business School in Belgium.

Mr. Grauwels since 1998, when he joined Shell, has held several business and market development positions in the European energy market. He worked in London and Paris for Shell Energy Europe, where he focused on business development in newly liberalized energy markets. During this period, he developed several divestment opportunities and negotiated long-term Gas and LNG supply agreements. He also developed several projects in LNG regasification and power plants.

As of 2016, he served as Shell’s representative at the Board of the Athenian Gas Distribution Company, “EPA Attikis”. Under his supervision, the company was unbundled in accordance with the requirements of the European legal framework.

In 2019, he joined Fluxys SA as its Region Manager for South East Europe.

Mr. N. Battilana, DESFA’s Chief Executive Officer (CEO) welcomed the cooperation with Mr. Grauwels and expressed his pleasure, as well as his strong belief that DESFA, which has moved to a new era, will benefit and be further strengthened by having on board a successful and qualified colleague.