WHITE PLAINS, N.Y. — Brian Thomsen, president of Bunge Ltd.’s Agribusiness unit, has announced his intent to retire. He will remain with the company through the end of the year to ensure a smooth transition, the company said.

“Brian’s leadership, business knowledge and expertise in risk management have been instrumental to Bunge over the years,” said Soren Schroder, chief executive officer.

Mr. Thomsen joined the company in 2004 and has led Bunge’s Agribusiness segment since May 2014, having previously served as managing director of the global Grains and Oilseeds product lines.

“In his role as president of Agribusiness, Brian has built a strong commercial team, enhanced our global value chain integration and strengthened our global footprint of assets through various partnerships around the world,” Mr. Schroder said. “We wish Brian all the best in his retirement and thank him for his leadership and contributions to the company. I have full confidence in our Agribusiness team to execute on the plan and deliver a strong year for Bunge.”

Before joining Bunge, Mr. Thomsen was managing director of dry commodity trading at Nidera and earlier held global trading and management roles at Cargill. He started his career in 1988 at Aarhus Oil, a Danish crush and refining company, and is a graduate of the International Academy of Business in Aarhus, Denmark.

“This was a personal decision for me, and it has been my honor to have served this organization over the past 14 years,” Mr. Thomsen said. “I am proud of the team that we have built and all the great work they have done, and will continue to do, to advance Bunge Agribusiness.”