From Meet the new LYB CFO: Agustin Izquierdo · · LyondellBasell
“I would say be very very curious. To me that has been a great asset. Try to learn as much as possible. Ask questions. Help people. I'm also someone that trying to be in constant cool panic. So when things go wrong instead of you know just running like a chicken without a head just try to figure out the reasons stay calm and find the root cause and then learn from that and avoid it in the future.”
On , Agustin Izquierdo, Executive VP & CFO at LyondellBasell, spoke about career advice during Meet the new LYB CFO: Agustin Izquierdo on LyondellBasell.
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.