Singapore's Pavilion Energy on Wednesday said that its group chief executive, Frederic Barnaud, is stepping down and will be replaced on an interim basis by Alan Heng from Aug.26.
Barnaud,who joined Pavilion as CEO from Gazprom Marketing and Trading in early 2018, is returning to Europe to be with family, the company said.
“We will embark on a process to identify a suitable candidate from both internal and external sources," a Pavilion spokesperson said.
Heng, previously at ExxonMobil, joined Pavilion in 2013 and has been key in developing the company's activities in Singapore, Pavilion added.