Alkagesta Corporate Governance Structure
Our Governance
Board Of Directors
Our Board of Directors, appointed by shareholders, is responsible for devising and executing the company's strategy.
The Executive Board
The Executive Board oversees day-to-day business operations, policies, procedures, and budgets, ensuring proper oversight of key business areas. The Executive Board has established the following committees: Risk Committee: Finance and Investment Committee; Trading and Business Development Committee; and ESG and Compliance Committee.
Audit Committee
The Audit Committee reports directly to the Board of Directors and supervises the integrity of the company's financial reporting, internal controls, and risk management systems. The committee also monitors the performance and independence of external auditors, ensuring adherence to established guidelines and regulations.
Risk Committee
The Risk Committee identifies, evaluates, and manages risks impacting the company's financial performance, operations, and reputation, ensuring appropriate risk management processes are in place and effectively communicated to stakeholders.
Finance and Investment Committee
The Finance and Investment Committee oversees capital management, financial planning, and investment activities, ensuring alignment with the company's strategic objectives and risk appetite.
Trading and Business Development Committee
The Trading and Business Development Committee guides the company's trading activities and business development initiatives, ensuring compliance with relevant regulations and ethical standards while supporting growth and diversification objectives.
ESG and Compliance Committee
The ESG and Compliance Committee ensures the company’s adherence to compliance and ESG principles. It assesses performance, identifies risks and opportunities, and reviews related policies and initiatives. The committee also monitors progress toward ESG targets, integrating sustainability into business strategy, operations, and risk management.
Our Team
Members of the Board
Mark Seccombee
Member of the board
Mark Seccombe has been part of the development, expansion and diversification of oil risk management since the early 1980s
His journey in the Commodity Trading industry has been nothing short of remarkable, encompassing a wide range of experiences with some of the most prominent organizations in the field: Société Générale, BNP Paribas, Dean Witter and Shearson Lehman Bros
His early career included notable positions at Shearson Lehman Bros, EF Hutton and ACLI Commodities, where he laid the foundation for his remarkable career in derivatives trading
He went on to create the Energy group for Dean Witter in the UK, before moving on to establish the crude swap desk at Tradition Financial Services (TFS). While with BNP Paribas, they witnessed Mark's efforts in expanding the Oil Trade Finance portfolio and tripling its revenue, before he joined SG and established a team in London to provide hedging on oil products financed by Société Générale.
Pierre Gay
Member of the board
Pierre Gay, a distinguished member of our team with over thirty years of expertise in commodity trading, has held pivotal roles at esteemed entities such as Euronova Energies SA, BNP Paribas, and United European Bank
In addition to expanding the horizons of commodity finance within the banking sector, Pierre has showcased exceptional leadership skills, effectively managing global teams
During his more than twenty years at BNP Paribas, serving as a Member of Management and Group Head of Commodity Finance, Pierre played a crucial part in shaping the trajectory of the organization. His strategic insights and expertise significantly contributed to the growth and success of the group in the highly dynamic and competitive landscape of commodity trading finance. Pierre actively contributes to our organization by providing valuable support in trade finance and corporate governance practices. His extensive experience and commitment continue to enrich our team, driving excellence in both strategic financial management and governance.
