IMCD appoints Behnosh Yaghobi as Managing Director Middle East 

MEA – IMCD Group has announced the appointment of Behnosh Yaghobi as Managing Director Middle East, effective June 1, 2026. 

The company said Yaghobi brings extensive regional, operational and commercial experience to the role, having been part of IMCD’s Middle East operations since joining the business in 2020. 

Yaghobi initially joined IMCD as Regional Finance Manager Middle East before taking on broader leadership responsibilities, most recently serving as Finance & Operations Director Middle East and Egypt. 

According to the company, she played a key role in establishing IMCD Middle East and helped build the regional business from the ground up. Her appointment comes as IMCD continues to strengthen its operations and expand its presence across the Middle East market. 

Before joining IMCD, Yaghobi held senior finance and leadership roles at several international organisations, including Vitol Group’s upstream business in Dubai, Air Sweden Aviation and Deloitte in Stockholm. She began her career at Deloitte as an auditor before moving into senior analysis in mergers and acquisitions. 

Yaghobi holds a Master of Science degree in Business and Economics from the University of Stockholm. 

Andreas Igerl said the appointment reflects Yaghobi’s leadership and deep understanding of the regional business. 

“Behnosh’s appointment is a reflection of the talent and leadership she has consistently shown at IMCD. She knows our Middle East business inside out, its people, its customers, our suppliers’ partnerships, and its further potential. I have every confidence that she will take it to the next level,” Igerl said. 

Commenting on her appointment, Yaghobi said the Middle East continues to offer significant growth opportunities for the company. 

“I am proud and excited to take on this role. The Middle East is a dynamic and fast-growing market, and IMCD is brilliantly positioned to create real value for our customers and suppliers here,” she said. 

“I look forward to building on the strong foundations we have in place and continuing to grow a business that makes a genuine difference for our partners, our people and the region,” she added. 

Her appointment follows the earlier selection of Shreyas Joshi as General Manager of IMCD Kenya Ltd, effective April 1, 2026. 

Meanwhile, IMCD reported revenue of EUR 4.779 billion (US$5.55B) for the 2025 financial year, representing a 5% increase on a constant currency basis compared to 2024. 

However, operating EBITA declined 6% to EUR 498 million (US$578.84M), while net earnings fell 22% to EUR 217 million (US$252.22M). 

The Europe, Middle East and Africa region remained the company’s strongest-performing market, with revenue increasing 4% to EUR 2.078 billion (US$2.42B), supported by acquisitions and organic growth, although operating EBITA in the region declined 5% to EUR 230 million (US$267.3M) due to margin pressure. 

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