Executive VP & CFO, Lyondellbasell
Search every verified Agustin Izquierdo interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Agustin Izquierdo became executive vice president and chief financial officer of LyondellBasell on March 1, 2025, succeeding Michael McMurray, who retired. Izquierdo said he was grateful for a two-and-a-half-month overlap with McMurray, which he described as helpful for learning about the company's strategy. He stated that LyondellBasell is "going through a great transformation" under CEO Peter Vanacker, including expansions in the Middle East and a push into circularity and sustainability. Izquierdo said his priorities include building a "best-in-class finance organization" that can be compared favorably across chemicals and other industrial sectors. He emphasized developing talent within finance and the broader organization, as well as using digital tools to accelerate analysis and strategy. He noted that LyondellBasell has a strong balance sheet and investment-grade credit rating, and he said he aims to help the company achieve its "aggressive and ambitious" goals.
“I mean personally I want to make sure that we have a best-in-class finance organization and that we can compare it not only across chemicals but industrials and any other sector and they anybody from the outside can say LYB is really going through a you know positive transformation and and finance is a key enabler and...”
“I started my career in investment banking and I thought that would be a great platform to learn have you know about many industries have an accelerated learning curve and it actually did deliver on that.”
“Having run a business gives you that extra ownership and I would say empathy with the business, right? You could look at the financial metrics and see what's going right or wrong, but then having that ability to dig deeper and trying to find the root cause and then work closely with the business to find the solution.”
“I had the time to overlap with Michael almost two and a half months and I'm very grateful for that opportunity. There's a lot of strategy of course you know working capital cash LYB is going through a great transformation right since Peter arrived the new strategy pushing into CLCS the expansions that we've announced o...”
In this episode of the LYB podcast, Deepi Sidhu interviews Agustin Izquierdo, the new executive vice president and chief financial ...
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