SIMEC Group, a global commodities company, has announced the appointment of a new head of coal to spearhead the company’s expansion into the coal sector. Raffaele Miscoria will take up the role at the company’s new operational centre in Geneva, Switzerland.
Before SIMEC, Miscoria had roles at Swiss-Italian coal trading company, Coeclerici Compagnie SA, and at Macquarie, an Australian bank, where he has responsibility for the Atlantic physical coal trading book.
“We are very pleased to be taking Raffaele on,” said Piero Piccolo, SIMEC’s European CEO. “His experience in identifying new opportunities, leveraging relationships, as well as his exposure to market arbitrage match SIMEC’s plans for robust expansion in the coal industry.”
SIMEC Group operates within the shipping, industrial, mining, energy and commodities business. The company owns coal mining, power and trading operations.
Edited by Jonathan Rowland.