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Danske Commodities welcomes new Chief Data Officer

Press release | Aarhus, Denmark - 20.06.2023
Energy trading company Danske Commodities has today announced the appointment of Umid Akhmedov as their new Chief Data Officer (CDO). In his role as CDO, Umid Akhmedov will build upon the data strategy introduced by Danske Commodities in 2019.

In recent years, data management and data quality have become crucial competitive factors for Danske Commodities, as the company's daily trading strategy relies on thorough analysis and models derived from energy prices, weather data, and production insights

"I am delighted to introduce Umid as our new CDO. With his strong professional and managerial background, we believe he will bring immense value to our organisation," said Rasmus Lundgaard Pedersen, Head of Technology at Danske Commodities.

Umid Akhmedov has previously worked for Saxo Bank, DONG Energy, Ørsted, FLSmidth, and Microsoft, and he looks forward to applying his expertise and insights in his new position.

"I see an opportunity to work for a company that places a high value on data-driven decision-making. This lays a solid foundation for our future digitalization journey. Danske Commodities has made remarkable strides as a technology company, and I believe there is great potential to continue our progress towards a digital-first business model and achieve exceptional performance. Scaling to sustain our growth rate is one of the key challenges that I look forward to addressing with my new colleagues at DC."

In addition to his responsibilities as CDO, Umid Akhmedov will also oversee Danske Commodities' Data Engineering & Architecture team.

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English press release (PDF)

Danish press release (PDF)

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