Trafigura’s head of metals operations to leave in restructuring

Trafigura Group’s head of metals operations is leaving as part of a global restructuring of its logistics team, the latest shakeup at the trading house since it was hit by a vast alleged nickel fraud.

Svetlana Kabanova, who ran operations for Trafigura’s metals trading unit, is leaving the company, according to people familiar with the matter. Instead of separate heads of energy and metals, Trafigura will now have a single global head of operations, one of the people said. The restructuring had long been planned but it has recently been accelerated, the person said.