Ricardo Leiman has stepped down as CEO of Singapore-listed commodities group Noble Group, Financial Times reports. The Hong Kong–based group’s chairman and founder Richard Elman will oversee the company on an interim basis until a new replacement is hired.
Leiman, who has resigned citing personal reasons, will continue directing the trading firm. The resignation follows the group reporting its first quarterly loss in 14 years. Leiman was formerly associated with Louis Dreyfus Commodities, a global company engaged in processing of agricultural products and merchandising of a wide range of commodities.
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Financial Times Singapore Richard Elman Noble Group Ricardo Leiman