Georges joined VARO in December 2023 in the position of Executive Vice President and Chief Financial Officer and is based in Zug.

Prior to this, Georges was CFO at ADNOC Refining, based in Abu Dhabi. Before joining ADNOC in 2018, he served in Shell for over 20 years in senior financial positions in the UK, The Netherlands, Sakhalin in Russia and Brunei. He was Vice President of Investor Relations, Financial Controller, and Finance Director of Brunei Shell Petroleum amongst other positions.

Georges brings to VARO world class financial and capital markets expertise and experience in transforming and scaling multi-national finance functions. He plays an important role in ensuring that VARO has the financial capability as well as the necessary infrastructure and capacity in place for the next phase of growth.

Bendik is a Managing Director for Carlyle International Energy Partners (CIEP), based in London. He brings significant M&A experience in the energy industry, including CIEP’s investments in Assala Energy, Nouryon and Moeve. He also holds expertise in commodity price risk management and financing, having successfully financed and refinanced a number of CIEP portfolio companies.

Prior to joining Carlyle in 2016, Bendik worked in the Investment Banking Division at Goldman Sachs in London on M&A transactions and capital raising in the energy sector.

Bendik received a BSc in Economics from the University of Warwick. Besides being a SB member, Bendik is Chair of our Audit Committee.

Joost is a Senior Adviser to Carlyle International Energy Partners (CIEP), based in Brussels.

Prior to CIEP, he was a partner of Atlas Invest, a private investment company majority-owned by Marcel van Poecke. Between 1999-2007, Joost was Director of Corporate Strategy at the refining company, Petroplus, where he had both M&A as well as operational responsibilities. His career in the energy sector started in 1993 as an oil trader.

He has a degree in Chemistry from the University of Utrecht (NL).

Besides being an SB member, Joost is also a member of our Remuneration Committee.

Russell is CEO of Vitol, a global energy company with an asset portfolio spanning power, oil, gas production, energy retail and renewables.

He has over 30 years’ experience within the energy industry, joining Vitol in 1993 from BP. He has held a number of trading and management roles in Singapore and London, and holds a MEng in Chemical Engineering from Imperial College, London.