Repsol has announced a big reshuffle in its corporate suite to speed up energy transition initiatives as part of the Spanish oil major's recently presented strategic plan.
“The new leadership structure makes the company more agile in its transformation, increases its capacity to put the customer in the centre of its activity, boosts digital development, and enables the ambition to be leaders in the de-carbonisation process,” said chief executive Josu Jon Imaz.
Luis Cabra has been appointed executive managing director of energy transition, sustainability and technology, while Juan Abascal will join the committee to lead the industrial transformation and circular economy division.
Maria Victoria Zingoni will be responsible for the client and renewables businesses, and Valero Marin will be in charge of the digitalisation and global services unit.
According to Repsol, the current director of the liquefied petroleum gas business, Carmen Munoz, will take the role of chief of people and organisation.
“The new organisation addresses the objectives of transformation and acceleration of the energy transition, geared to the significant business and corporate challenges that the company will be facing in the coming years,” Repsol added.