Swiss-based MET Group has appointed Shell man Huibert Vigeveno as the new group chief executive.
Controlling shareholder and current group chief executive Benjamin Lakatos will assume the position of executive chairman of the holding board of directors.
He will maintain his majority shareholding and will focus on driving long-term vision and growth.
The change in leadership will be effective from 1 January 2026.
Vigeveno (pictured left, with Lakatos) has enjoyed a 30-year career with energy major Shell.
Most recently, he served as a member of Shell’s global executive committee and as the group’s director of downstream, renewables and energy solutions.
Previously, he served as the executive chairman of Shell in China and led the integration of Shell’s $53bn acquisition of the BG Group, subsequently becoming its transition chief executive.
Huibert recently joined the Board of KBR, a global technology and engineering solutions company listed on the New York Stock Exchange, as a non-executive director.
Lakatos said: “Huibert’s exceptional leadership skills, strategic vision, and operational expertise will drive MET’s future aspirations to new heights.
“I am confident that his appointment will enhance MET’s global position while staying true to our roots as an independent, entrepreneurial company.”