Peter Schulz has been appointed as the Chief Financial Officer of Pacific Basin with effect from 21 August 2017 when he shall also become a member of the Company’s Executive Committee.
With reference to the company’s announcement of 9 January 2017, the Board also announces that Andrew Thomas Broomhead shall step down from the role of Executive Director and Chief Financial Officer on 20 August 2017.
Broomhead will remain available to the company as a consultant from 21 August 2017 until 31 December 2017 so as to ensure a smooth transition and handover.
Schulz, aged 44, graduated from the Stockholm School of Economics in 1996 with a Master of Science in Economics and Business Administration (major in Finance).
Contemporaneously, he has attended an exchange program in International Marketing and International Business at the Erasmus University Rotterdam School of Management in 1993. He started his career with Enskilda Securities, Stockholm, as an analyst from 1996 to 1998. He then spent six years with Dresdner Kleinwort in London in various M&A and corporate finance roles.
From 2004 until 2006 he worked as Partner, Corporate Finance in the financial advisory firm Vencom based in Stockholm and London. He then joined ABN AMRO / The Royal Bank of Scotland, initially as Director, Telecom, Media and Technology Banking in London from 2006 to 2008 and then as Executive Director and Head of Energy based in Hong Kong from 2008 to 2011.
He subsequently joined Royal Bank of Canada Capital Markets as Managing Director & Co-Head of Natural Resources based in Hong Kong. From 2012 to 2015 he served as Chief Financial Officer of Matrix Capacity Petroleum, a startup exploration and production company, based in Kuala Lumpur.
Since August 2015, Schulz has served as the Chief Financial Officer of BW Pacific Limited, a product tanker company that is a part of the BW Group, based in Singapore.