CEPSA names Maarten Wetselaar new CEO to accelerate the new 'Green Giro' strategy

CEPSA has appointed Maarten Wetselaar new CEO to accelerate the new 'Green Giro' strategy of the company, a decision that will be effective on January 1, 2022

CEPSA names Maarten Wetselaar new CEO to accelerate the new 'Green Giro' strategy

CEPSA has appointed Maarten Wetselaar new CEO to accelerate the new 'Green Giro' strategy of the company, a decision that will be effective on January 1, 2022, the energy firm has announced this Friday.

Wetselaar comes from Royal Dutch Shell, where he has been a member of the Management Committee in his capacity as integrated gas director, renewable and energy solutions.

It is a recognized voice in the global industry and in the field of energy transition with more than 25 years of experience in renewable energy, electric mobility, downstream, LNG and Upstream and will share the growth plans and implementation of the new strategy in the Next months, when it has been incorporated in January and the volatility that is affecting energy markets has been stabilized.

Wetselaar will replace Philippe Boisseau, who will address the company until the end of 2021 and will then remain at the signature as an advisor to the CEO and the Board of Directors.

"We are delighted that Maarten Wetselaar joins Cepsa, his knowledge and vast experience will be incalculable value for the company in order to accelerate, based on an excellent performance in 2021, the implementation of the energy transition strategy to offer To our clients and partners more different and sustainable energy solutions, "the president of CEPSA, Ahmed Yahia has highlighted at Idrissi.

For its part, the Vice President of CEPSA, Marcel Van Poecke, has highlighted that the newly appointed CEO is an executive with "extensive experience" in the energy industry, particularly in the relevant areas for CEPSA. "The Board of Directors is delighted to be able to work with Maarten Wetselaar and the rest of the management team on its way to the next phase of growth," he added.

Likewise, the new CEO of CEPSA, Maarten Wetselaar, has explained that in the last two years, the company has demonstrated its capacity for resilience by successfully overcome the COVID-19 pandemic, while continuing to supply the most critical energy needs.

Also, as he pointed out, he has redefined his business strategy and his operating model to be "more agile, more focused on the client and can play a role of leadership in the global energy transition."

"I am happy to be able to work with a talented template such as CEPSA, the management team and the members of the Board of Directors to continue building on the successes achieved," he underlined.

Ahmed Yahia Al Idrissi and Marcel Van Poecke conclude: "On behalf of Mubadala and Carlyle, the shareholders of CEPSA, we would like to thank Philippe Boisseau his dedicated leadership, guaranteeing the resilience of the company along the pandemic."

Updated Date: 16 October 2021, 03:48

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