David Johnston

Executive Advisor | Head of Energy Insights | Strategy & Markets @ Aramco

Dhahran, Saudi Arabia

About

With over 20 years of experience in natural resources banking & corporate finance, I am the Managing Director and Head of Energy Transition & Commodities at Lloyds Banking Group. I lead a team of experts who provide technical and financial solutions to clients in the energy sector, supporting their growth, efficiency, and transformation goals. I have a proven track record of delivering revenue growth, client acquisition, risk management, and cross-selling across a diverse range of products, including structured and corporate debt, derivatives, trade finance, and capital markets. I have extensive experience in origination, structuring, negotiation, and execution of complex and innovative transactions, as well as strong relationships with senior stakeholders in the industry. I am passionate about driving the energy transition and contributing to a low-carbon future.

Experience

  • Executive Advisor, Head of Energy Insights, Strategy & Corporate Development at aramco
    Jun 2024 - Present · 2 yrs 1 mo

    In my role at Aramco, I advise senior executives on corporate strategy and development, emphasizing long-term objectives and market articulation. I effectively manage external stakeholders and contributed to the positioning of the company within the industry. My efforts in content development for Strategy & Markets Analysis played a crucial role in aligning corporate strategies with market demands.

  • Corporate Finance & Investor Relations at Prax
    Nov 2023 - Jun 2024 · 8 mos

  • Managing Director, Head of Energy Transition & Commodities at Lloyds Banking Group
    Jun 2020 - Nov 2023 · 3 yrs 6 mos

    I am privileged to lead the Energy Transition & Commodities team during this decade of transition. We are actively involved in the energy vertical, assisting clients manage their capital requirements for acquisitive or organic growth, carbon efficiency programmes, renewable Tranformation projects and selected core energy developments. The Energy Transition & Commodities team is provides the centres of excellence for (i) technical & engineering services and (ii) commodity traders within CIB. We have a proud heritage through Lloyds and Bank of Scotland, funding the energy industry through the extraction of hydrocarbons and will continue to support those companies through the energy transition, particularly in the North Sea where we place an increasing focus on the levelling up agenda. Lloyds is a full service debt provider with the full range of capital instruments, derivatives and transaction banking solutions as well as the market leading project finance team, complemented by our debt advisory and ratings advisory specialists.

  • Managing Director at Alphier Capital
    2019 - Jun 2020 · 1 yr 6 mos

    Alphier Capital is a financial advisor dedicated to raising capital for companies in special situations - bringing to life high-yielding projects and companies that lack access to traditional sources of financing. Uniquely dedicated to frontier markets, we focus on natural resources, infrastructure, agriculture and other real assets. With decades of expertise, our services include capital markets placements, mergers and acquisitions advisory, project finance structuring, and long-term strategic advice.

  • Commonwealth Bank (8 yrs 4 mos)
    • Head of Oil & Gas Client Coverage, EMEA, Natural Resources
      Sep 2014 - Oct 2018 · 4 yrs 2 mos

      Reporting to the Global Head of Natural Resources was responsible for comprehensive client coverage across the Oil & Gas sector in Europe, Middle East and Africa. Core responsibilities included client origination & management, transaction structuring, facility negotiation & execution, overseeing the credit approval process and working with internal & external stakeholders to deliver integrated debt, derivative and working capital solutions to clients. • Revenue growth and client acquisition • Risk management • Cross sell via a diverse range of products • Internal and external stakeholder management and engagement • Strategic planning, implementation and review • Commercial negotiation and documentary review relating to all facilities within the portfolio • Regional branding, marketing, advocacy and insights • Provide thought leadership and advocacy for social media and digital innovation within the organization and the industry, including speaking engagements at leading industry events • Products suite: corporate term debt; project finance, reserve-based lending; junior term debt; commodity prepay, repos & derivatives; structured trade finance; DCM (US HYB & USPP); derivatives, foreign exchange & rates.

    • Director, Queensland, Natural Resources
      Jul 2010 - Sep 2014 · 4 yrs 3 mos

      Reporting to the Global Head of Natural Resources and with responsibility for a portfolio of clients engaged in extractive industries incorporating coal, copper, gold, silver, CSG/CBM, oil & gas as well as major coal and LNG infrastructure projects. • Revenue growth and client acquisition • Risk management • Cross sell through a diverse range of products • Internal and external stakeholder management and engagement • Portfolio planning, implementation and review • Commercial negotiation and documentary review relating to all facilities within the portfolio • Speaking engagements at leading industry events • Products suite: transaction banking platform; cash management & deposits; corporate term debt; project financing; single-mine finance; yellow goods asset finance; trade finance; DCM (A$ & USPP); derivatives, foreign exchange, commodities & rates.