Faruqui will be based in The Hague and takes over from Lauran Wetemans who is moving on to a new position. Faruqui originally joined Shell in 1997 as a Senior Analyst with Shell Services in the US. Shortly after that, he pursued commercial deal making in Shell Capital, focusing on investing in oil and gas opportunities.
Seizing the opportunity to broaden beyond energy, Faruqui completed an MBA from University of Chicago and then spent the next four years with Bain & Company in strategy consulting where he focused on transformational projects with mid-to-large corporations across multiple industries. With this broad commercial experience, Faruqui returned to Shell Trading & Supply in Gas & Power in their Structured Finance group. He was then appointed as Vice President for the Energy Retailer business in North America where he also co-led the South Power network team.
In 2014, Faruqui began running the conventional LNG Trading and Downstream LNG businesses for North & Central America. In his new role, he will utilise his commercial breadth and depth, established networks and understanding of the business to deliver Shell’s Global Downstream LNG strategy.