Former Unipec head Simon Chen joins Sino Crown to lead crude oil expansion

Simon Chen simon chen, the former president of the trading arm of China Petroleum & Chemical Corporation (Sinopec) 0386.HK, has joined Singapore SGbased Sino Crown International to establish and oversee its new crude oil CLUSDtrading operations. The appointment, which occurred in November 2025, represents a significant executive move for the commodities firm as it expands its footprint in the Asia-Pacific region. Simon Chenwas specifically hired to build and lead the new crude oiltrading division from its headquarters in Singapore.

Prior to this role, Simon Chen, who is also known as Chen Bo, spent more than two decades at Unipec, which serves as the trading vehicle for China Petroleum & Chemical Corporation (Sinopec). He first joined Unipec in the early 1990s and eventually rose to become the company president in 2014. As a career crude oiltrader now in his early 60s, Simon Chenhas extensive experience in the energy markets of China CN.