Proactive Investors - Trafigura, one of the world's leading commodities traders, has undergone a board shakeup which has led to the departure of two senior executives.
Finance chief Christophe Salmon confirmed he will be retiring in June, while executive director and head of oil Jose Larocca will retire in September.
Larocca had been trained by founder Claude Dauphin before working his way to one of the top roles in the group, which he held for the last decade.
Salmon has also held is role for around a decade after he joined the group in 2012. Stephan Jansma, Trafigura's Asia Pacific CFO, will replace Salmon when he retires.
It comes just seven months after management started restructuring its management team, with long-time chief operating officer Mike Wainwright having retired last month.