You're reading: Former Royal Dutch Shell vice president appointed Naftogaz chief financial officer

Peter van Driel was appointed Chief Financial Officer (CFO) of the Naftogaz Group on Jan. 8, 2020.

“Peter van Driel will be responsible for developing an integrated corporate financial function, defining the financial policies, principles and procedures of the Naftogaz Group. He will also be responsible for managing financial forecasting and planning processes, providing funds for financing strategic initiatives of the group, increasing efficiency and effectiveness of financial operations,” Naftogaz said in the report.

Naftogaz noted almost 30 years of experience of the new CFO at various positions at Shell, starting with a financial adviser at a subsidiary of Billion International and ending with the position of Vice President of Royal Dutch Shell for Accounting & Reporting before joining the group.

“At various stages of his career, he worked in areas such as accounting and reporting, business performance management, business partnerships, value management, outsourcing of financial and business processes, mergers and acquisitions, and investor relations. He is fluent in Dutch and English and he speaks German and French well,” Naftogaz said.