Group / Governance / Management
Management
Giacomo Clerici
Chairman & Managing Director
Giacomo Clerici was born on March 8, 1975, in Lugano, Switzerland. He is married and has two children. He began his career as a junior controller at Pirelli (Milan), then moved on to RCS Media Group (Milan) and later to the Graham Beck winery (South Africa), before joining the family business in 2004. Within the Coeclerici Group, he has held various roles, initially as Group Financial Controller and later as Chief Financial Officer. In 2010, he was appointed to the Board of Directors of Coeclerici S.p.A., and in 2012 he relocated to Singapore to oversee and drive the Group’s growth in the Asia-Pacific region. He has extensive experience in Corporate Finance (Syndicated Loans, Project Finance, Pre-export and Trade Finance), Accounting (IFRS and local GAAP), and IT systems (ERP, Treasury Systems, and Business Intelligence). He is currently the Chairman and Managing Director of Coeclerici Far East (PTE) Ltd, the Group’s Singapore-based subsidiary responsible for all Asia-Pacific operations. He also serves on the Boards of IMS Technologies S.p.A., Coeclerici Commodities SA, and Coeclerici S.p.A.
Tim Short
Non Executive Director
Tim Short, born in Dorking, England in 1955, married with two children. From 1973 to 1975 he worked in France for Sogena as Ship agent, stevedore, customs. From 1975 to 1979 he worked for Howe Robinson/Matheson Chartering, a subsidiary of Jardine Matheson (United Kingdom) as Dry cargo broking / sale and purchase. In 1979 he moved to Taiwan where he kept cooperating with Howe Robinson/Matheson Chartering/Jardine Matheson as Dry cargo broker, tanker broker / sale and purchase. From 1981 to 1983 he worked in the ship chartering /operating sector with Bulk Charters, in South Africa. In 1983 he moved again to United Kingdom where he remained until 1985 working as Dry cargo shipbroking with Howe Robinson/Matheson Chartering. In 1985 he moved to South Africa where he remained until 1994 working in the ship broking/chartering/ship agency/liner-coal trading sector, first with Rennies Consolidated and then with Ruhrkole Handel Inter GmbH South African representative office. In 1994 he moved to Australia where he was employed in the Ruhrkole Handel / RAG Trading GmbH Australian Representative office and in 2007 holded the post of Trading Country Manager Australia. From February 1st 2020 the Company has invited Mr. Tim Short to act as non-executive director on the board of Coeclerici Far East (Pte.) Ltd.
Manoj Modi
Non Executive Director
Manoj Modi was born in September 1953. From 1973 to 1999 he held the post of Vice President of Dodsal Ltd. Dodsal Ltd. was in the business of supply and distribution of chemicals, steel, coal and industrial raw materials, representing global companies like Dupont, Mannesmann, and Hansen Coal. From 1999 to July 2007 he was employed as Country Manager India for RAG AG, a German conglomerate operating in 20 countries active in coal mining, supply & distribution, power generation, chemicals, real estate, etc. He has been working with the Coeclerici Group since July 2007, when Coeclerici acquired RAG Trading Asia Pacific Ltd. He held the post of Trading Country Manager India for several years and as of April 1st 2022 he acts as non-executive director on the board of Coeclerici Far East (Pte.) Ltd..
Mark Howard
Non Executive Director
Mark Howard was born in London but has lived in Amsterdam since 1982. He began his association with coal in 1983 in the Cory group which merged with the German Raab Karcher consortium. He later worked with Inter-Continental Fuels developing the European market for Canadian coking coal and in 2001 was invited to join parent company Rio Tinto to expand its activities with the steel mills, marketing mainly Australian coking and injection coals. Joining Coeclerici in 2013, Mark’s focus was injection coal and developing business with suppliers in the USA. In 2024 he was invited to join the Board of Coeclerici Far East as Non-Executive Director.
Simone Tait
Vice President Thermal Coal
Simone Tait, born in Trento (Italy) in 1985. He completed the Master of Science in Management at USI (Università della Svizzera Italiana) in Switzerland in 2010 after having obtained his Bachelor Degree of Business Administration at Bocconi University in Milan in 2008. He is in the coal industry since 2010 when he joined Carbofer General Trading based in Lugano, Switzerland as coal transaction manager. He worked in several international companies with focus on Indonesian coal business where he acquired knowledge of operations, logistics, stocks financing and trading. In 2012 he moved to Jakarta, Indonesia and in 2015 he joined Coeclerici Commodities with direct responsibility of Indonesian coal purchase strategy and sales oversight. He held the position of Country Manager Indonesia until February 28th 2022 and he is now Vice President Thermal Coal and based in Singapore.
Utkarsh Dubey
Country Director Australia
Utkarsh Dubey completed the MBA (International Business) with the University of Indore in 1999 after having obtained his Bachelor of Engineering (Mechanical) from the University of Nagpur in 1996. He has always worked in the global trading and strategic marketing industry and mainly handled physical dry bulk commodities. Prior to joining Coeclerici, he held various senior roles such as General Manager – Commodities & Mineral Resources Division for Daewoo International Corporation (now POSCO Daewoo) in Seoul and Sydney, Vice President – Coal Trading for WanBei Coal & Electricity Group in Brisbane and Shanghai and Trading Manager – Coal & New Business Division with Mitsui & Company in Brisbane and also previously as Manager – Steel Trading Division at Mitsui & Company in Mumbai. He joined Coeclerici on January 1st 2017 as General Manager of Brisbane Office; after years of solid performances and results that allowed him to further grow professionally, Group appointed him as Australia Country Director as of July 1st 2020.
Piero Marzi
Vietnam Country Manager

Piero Marzi was born in Trieste (Italy) in 1988; in 2014 he completed the Master’s degree in Law with specialization in International and Maritime Law between the University of Trieste and the University of Regensburg (Germany). After cumulating several work experiences among Italy, Thailand, Vietnam, Japan, Colombia and Argentina; in 2017 he Joined Coeclerici Group as part of the Operation department, initially based in Lugano and then in Singapore. From 2018 he specialized in the chartering activity and since 2019 he developed and stimulated the trading activity of the Group in Vietnam. As of May 1st, 2021 the Group appointed him as Vietnam Country Manager.

Davy Hu
Country Manager China
Davy Hu started his career in the trading of coal and coke in 1994 and until 2001 he worked as Senior Manager of the agent of Ruhrkohle Trading Corp. in China to export coke and coal to North & South American market. From 2001 to 2007 he was employed in RAG Trading Asia Pacific Beijing Rep. Office as the Senior Trader for coke and coal trading. In 2007, after the acquisition by Coeclerici, the Company was renamed first CC Carbon Beijing Rep. Office and then, in 2009, Coeclerici Asia (Pte) Beijing Rep. Office. From 2007 to 2011 he held the position of Senior Trader and Chief Representative for coke, coal and iron ore trading. From 2011 to 2013 he worked in Trafigura Beijing Rep. Office, as Senior Trader for coal trading as well as the Board Commissioner in Trafigura affiliated join-venture company to be in charge of Mongolia Coal Project. Since 2013 he has rejoined the Coeclerici Group, Beijing Office, where he presently holds the position of Trading Country Manager China.
Falgun Shah
Country Manager India
Mr. Falgun Shah was born in 1962 and has two children. After completing his Electrical Engineering in 1983 he joined Standard Mills, belonging to the Mafatlal Group, as a Graduate Engineering Trainee in the Electrical department. In 1986 he moved to Radiant Engineering as Product & Sales Manager for Electric fans and Electric Motors built by AEG Germany. In 1990 Falgun joined INDMAG Limited as part of the Steel and Coal division where he was responsible for the sales of Steel products from Mannesmann group Germany and coal/coke from major commodity trader Hansen Coal Germany. After a decade long experience in trading Steel and “steel making” raw materials, in 2000 Falgun joined RAG AG, a German conglomerate having coal mines, coke plants, power utilities and mining equipment. He was responsible for trading in Metallurgical coal/ Coke on behalf of RAG Trading Asia Pacific Pte Ltd, Mumbai office. After acquisition of RAG trading by Coeclerici Group in 2007 he became a part of the Coeclerici India Representative Office and rose to the position of Vice President Metallurgical coal responsible for global sales of Metallurgical coal and Coke. As of 1st June 2025, he has been promoted as Chief of the Representative Office and India Country Manager.
Nikolas E. Hutabara
Indonesia Country Manager

Nikolas Edward Hutabarat was born in Indonesia in on July 20, 1984.

After a Bachelor in Informatics Engineering in 2008 and some internship at PT Telkom TBK, he joined Posco Daewoo Corporation (now Posco International) where he stayed until 2019 as trader of Coal and Steel for the Indonesian market.

He joined Coeclerici Far East as Trader in May 2019 and he is now holding the position of Indonesia Country Manager since June 2022.

Chairman & Managing Director
Non Executive Director
Non Executive Director
Non Executive Director
Vice President Thermal Coal
Country Director Australia
Vietnam Country Manager
Country Manager China
Country Manager India
Indonesia Country Manager