Snell is the chief financial officer of Sempra Energy, and Jeremy Wright is the chief administrative officer of RBS’ markets business.

“David has played a significant leadership role in building our successful commodities business and we wish him well,” said Donald E. Felsinger, chairman and CEO of Sempra Energy.“Looking forward, we have a very strong commodities franchise that continues to grow and prosper with the support of RBS.”

“Together, we built a company about which we can be immensely proud,” Messer said.