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Repsol aligns organizational structure with strategic plan

Repsol aligns organizational structure with strategic plan

Repsol, a global multi-energy company based in Madrid, Spain, announced a new organizational structure to develop the strategic plan recently presented by the company.

The new organization responds to the objectives of transformation and acceleration of the energy transition, and is oriented to the great business and corporate challenges that it will address in the coming years.

According to Repsol’s CEO, Josu Jon Imaz, “the new management structure provides the company with greater agility in its transformation, increases its ability to put the customer at the center of its activity, promotes digital development and facilitates the ambition to be leaders in decarbonisation.”

In the new organization, Luis Cabra will be general director of Energy Transition, Sustainability and Technology; deputy to the CEO (managing director). 

Juan Abascal, until now responsible for Mergers and Acquisitions, joins the Executive Committee, who will lead the Industrial Transformation and Circular Economy area and will have a key position in the development of advanced biofuels, renewable hydrogen, synthetic fuels and decarbonization of industrial processes.

General Director María Victoria Zingoni will be responsible for the Customer and Renewables areas, two of the company’s great growth vectors.

As part of the promotion of digitization processes and the acceleration of the global services model in the company as a whole, Valero Marín, until now CIO /CDO (Director of Information Systems and Digitization), is appointed responsible for the area of Digitization and Global Services.

Until now, the director responsible for the Liquefied Petroleum Gas (LPG) business, Carmen Muñoz, will assume the People and Organization area.

Arturo Gonzalo, currently general director of People and Organization, will replace Begoña Elices, in the General Directorate of Communication, Institutional Relations and the Office of the President. Elices is leaving Repsol after a long professional career. 

Arturo Gonzalo will also have responsibility for the Audit, Control and Risks area.