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Dragontree CEO Bill Ballenden is new ICA president

09
Nov '18
L-R: Bill Ballenden, Azeez Abdul Syed, and Alex Hsu
L-R: Bill Ballenden, Azeez Abdul Syed, and Alex Hsu
A new leadership team has been voted in at the International Cotton Association (ICA) following its annual general meeting last month. Bill Ballenden, CEO, Dragontree has taken on the role of ICA president, while Azeez Abdul Syed, Sr VP, Olam Cotton, and Alex Hsu, MD, Formosa Trading are new first vice president and second vice president respectively.

New to the board are Pierre Chehab, platform head EBS, Louis Dreyfus Company Suisse SA; Shafiqul I Sarker Sohel, managing director, Purbani Group; and David Wookey, director, Sterling Cotton Limited.

Ballenden joined the cotton business in 1996 as a trainee at Ralli Brothers & Coney in Liverpool. After spending a number of years in Liverpool and a year living in Abidjan, he moved in 2001 to join The Seam to build and manage their international cotton trading platform.

In 2007, he joined Louis Dreyfus Company (LDC) as a trader in Geneva. He then spent the years 2008 to 2014 managing LDC’s cotton businesses in India and China, living in Gurgaon and then Beijing, and eventually managing the Asia region out of Beijing. In 2014, he once again moved to Geneva and managed the European & Black Sea regions, China, Singapore and Australia for LDC. At the end of 2017, he left LDC to start his own company, called Dragontree, focusing on online auctions for commodities.

Comprising 24 members, the new board line-up continues to represent the ICA’s global membership across all sectors of the supply chain and builds on its commitment to engage the entire global cotton community. (RKS)

Fibre2Fashion News Desk – India


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