FUELUS names Temistocles Arjona CEO to lead regional expansion

FUELUS appointed Temistocles Arjona as CEO, with a mandate to deepen the company’s energy business across Latin America and the Caribbean. The move underscores FUELUS’ push to expand supplier and customer ties from its Panama base as regional demand spans aviation, shipping, industry and power generation.

Why it matters: - FUELUS is betting on experienced leadership to expand its energy platform across Latin America and the Caribbean. - The appointment signals a push to strengthen supply ties for sectors that rely on steady fuel access, including aviation, maritime transport, industry and power generation. - The company’s regional strategy depends on connecting international energy producers with local market demand.

What happened: - FUELUS announced the appointment of Temistocles Arjona as chief executive officer. - Arjona has held the CEO role since February 2026. - The announcement was made from Panama City, Panama, on Nov. 5, 2026. - FUELUS said Arjona’s leadership will focus on regional expansion and reinforcing the company’s role as an energy solutions partner.

The details: - Arjona brings more than 25 years of experience across financial services, telecommunications and energy. - His background includes investment banking, wealth management and strategy work across Latin America. - He has led strategic business plans for American Express, Visa, Credicorp Bank and Banco Latinoamericano de Comercio Exterior (Bladex). - He has also worked with the Inter-American Development Bank (IDB), the Development Bank of Latin America and the Caribbean (CAF) and the United Nations Development Programme (UNDP). - Arjona served as an advisor to the Government of Panama on foreign trade, energy, technology and innovation. - He was part of an international team advising Panama, Colombia and Costa Rica on public infrastructure modernization. - Arjona has taught at business schools affiliated with local universities. - He has appeared on CNN and contributed regularly to local and international print media. - FUELUS is part of a global energy conglomerate with more than 600 employees and 30 years in the sector. - The company says its regional office in Panama coordinates commercial activity and client service across Latin America and the Caribbean. - FUELUS supplies gas, coal, diesel, gasoline, aviation fuel, marine fuels and heavy fuel oil. - Its customer base includes airlines, airports, distributors, shipping companies, manufacturers and industrial and power generation firms. - The company’s strategy centers on stronger links with global suppliers and regional clients.

Between the lines: - FUELUS is leaning on Arjona’s mix of private-sector, public-sector and multilateral experience to support growth in a complex regional market. - The emphasis on long-term partnerships suggests the company is competing on reliability and supply access, not only on product volume. - Panama remains central to FUELUS’ operating model because it serves as the hub for regional coordination.

What’s next: - Arjona is expected to steer efforts to widen supplier relationships and deepen business with regional customers. - FUELUS will continue targeting demand from transportation, industrial and power markets across Latin America and the Caribbean. - The company’s next phase appears focused on scaling its regional footprint while maintaining competitive energy supply.

The bottom line: - FUELUS is putting a seasoned regional operator at the helm as it tries to grow its energy presence across Latin America and the Caribbean.