TNI || New Delhi || 18th Oct 2021
Wael Sawan has been appointed as Shell’s head of integrated gas and renewables division.
He has replaced Maarten Wetselaar, who has quit the company after serving for 25 years. Sawan is currently the head of Shell’s oil and gas production division.
In the new position, he will see the expansion of low carbon and renewable energies and also the power markets, which are the key pillars in Shell’s strategy to decrease the emission to zero by 2050.
Sawan is a Canadian citizen who has roots in Lebanon and is also regarded to be the successor of Ben van Beurden who is currently the Chief Executive.
Sawan’s position will be filled by Zoe Yujnovich, who as of now, is heading the conventional oil and gas operations. Both these appointments will be effective from October 25.
Wetselaar, who was once considered the key candidate to take the top position in Shell, will now take up the role of Chief Executive of Spanish Oil major, Cepsa from January 1, 2022.
Maarten Wetselaar saw the growth of LNG- Liquified Natural Gas, and his role also involved overseeing investments in offshore wind, electric, and hydrogen vehicle charging.
CEO of Shell, van Beurden in a statement, said that he is grateful to Maarten for his remarkable contribution to Shell and its customers and also for shaping a world-class LNG portfolio for the company.