Miguel Pacheco, a veteran in corporate finance, is set to assume the role of Chief Financial Officer (CFO) at Open Mineral Limited, an Abu Dhabi-based company. The firm anticipates that Pacheco's appointment will enhance its performance and standing.
Open Mineral aids clients in trading essential minerals and boasts over 800 mineral and mining companies from more than three dozen countries in its network. As per their services page, the company facilitates the trade of vast quantities of raw materials valued at over 2.5 million.
Global CEO of Open Mineral, Boris Eykher, welcomed Pacheco into his new role. He said, "I'd like to welcome Miguel to his new role at our young and thriving business, as we push ahead with our second phase of regional development and expansion while further reinforcing reporting and compliance standards in our specialized Critical Minerals business." Eykher added that amid ongoing global economic volatility and trade headwinds impacting their GCC region, a CFO with Pacheco's advanced skillset is invaluable. He also mentioned their upcoming participation in the Future Minerals Forum in Saudi Arabia where they plan to discuss their proposed entry into the Kingdom.
Pacheco brings a wealth of experience from his previous roles with multinational corporations and strategic corporate development programs. His past positions include CEO of TF Cargoes and senior roles at commodity companies such as Trafigura, Mercuria Energy Trading SA, Hartree Partners among others. According to the press release announcing his appointment, Pacheco holds a Master of Business Administration in Finance, Accounting, and Entrepreneurship from the Wharton School of Business.
Open Mineral operates offices across various locations including Abu Dhabi, Shanghai, Latin America, China, the Americas, Asia and Europe. Founded by a team of traders based in Switzerland in 2016 according to a press release dated Dec. 17.