Matti Lievonen is to take over the role as CEO of Oiltanking GmbH, effective April 2. The current Managing Directors will step down in mutual agreement.

Following the successful development of the Oiltanking Group over several decades, the emphasis is now on continuing to grow strongly whilst focusing on driving productivity and efficiency by optimising corporate structures and processes. On this basis, the chemical and gas business will be expanded in the near future.

From December 2008 to October 2018 Matti Lievonen was President and CEO of Neste in Finland. During this period he not only multiplied the company’s market value but also turned the regional refining company into the world’s largest renewable diesel producer and the world’s third most sustainable company. In addition to his wealth of experience in the biofuel and petroleum industry, his new role will also benefit from his knowledge on the technical optimisation of business processes and the management of large international investment projects.

After more than four years and by mutual agreement the current Managing Directors Koen Verniers and Daan Vos will step down whilst at the same time ensuring a successful hand over to Matti Lievonen.

Over the past 22 and 18 years respectively, Koen Verniers and Daan Vos have given important impulses for the development of the company in various management positions at Oiltanking. In their current role as Managing Directors of Oiltanking, they have contributed to an enhanced strategic focus and the successful growth of the group and corresponding developments in gas.

“Already now the company would like to take this opportunity to sincerely thank them both for their great commitment and many years of service,” it said in a statement.

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18th March 2019