capSpire is pleased to announce the appointment of Amrik Sembi as Director – Middle East, as part of its continued global expansion. With a wealth of consulting experience in energy and commodity trading in EMEA and North America, Amrik brings both deep domain expertise and a history of building strong relationships— positioning him to lead capSpire’s strategic growth across the Middle East.
Responding to a Transforming Energy Market
The Middle East is undergoing a significant transformation — not only as a producer of energy but increasingly as a hub for trading sophistication, digital innovation, and portfolio diversification. Over recent years, national oil companies (NOCs), utilities, and commodity traders are entering new markets, adopting cutting-edge technologies, and seeking partners who can successfully guide them through complex transformations.
capSpire is responding to this demand by deepening its presence in the region and appointing experienced leadership to help clients to leverage technology and capitalize on emerging opportunities across oil, gas, power, renewables, and carbon markets.
Leveraging Experience for Success
With almost two decades of experience in the energy trading and risk management (ETRM/CTRM) domain, Amrik has successfully led complex transformation projects for world-leading energy companies and new market participants. He now brings this experience to capSpire, where he will focus on:
- Building and expanding capSpire’s client relationships across the Middle East.
- Supporting organizations in successfully transforming their trading and risk operations.
- Advising on strategic initiatives related to ETRM/CTRM platforms and market readiness.
- Leading business development and go-to-market strategy in the region.
“I’m delighted to join capSpire at such a transformative time for the Middle East,” said Amrik. “The region is continuing to evolve rapidly – from sophisticated oil and gas trading to the emergence of renewables, power markets, and carbon strategies. capSpire has a long history of delivering value for clients across a variety of trading technologies, and I’m looking forward to us providing this same experience to clients across the Middle East.”
Trends Driving Regional Growth Today
Amrik identifies several trends currently shaping energy and commodity trading across the region:
- Oil Trading Modernisation – Companies are replacing outdated systems with modern ETRM platforms to gain real-time visibility into exposure, P&L, and trading performance. Additionally, changes in the physical markets drives demands for a flexible, low maintenance IT landscape.
- LNG and Gas Expansion – Countries like Qatar and UAE are rapidly scaling global LNG trading operations, demanding greater flexibility, market integration, and valuation capabilities.
- Power Market Reform – Market changes, for example in Saudi Arabia, are unlocking new opportunities, requiring advanced tools for forecasting, optimization, and automation.
- Talent and Trading Desk Evolution – Trading teams are being reimagined as cross-functional, tech-enabled units, blending commercial acumen with analytics, risk, and data science capabilities.
“We’re excited to welcome Amrik to capSpire,” said Dave Webb, Managing Director at capSpire. “His consulting background and strong client relationships make him an ideal fit to lead our Middle East expansion.
To learn more about capSpire’s expansion in the Middle East or to connect with Amirk click here.
