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[February 17, 2014]
Total Appoints First Female CEO For Nigerian Unit [Ventures Africa]
(Ventures Africa Via Acquire Media NewsEdge) VENTURES AFRICA – French oil giant Total, has appointed Elisabeth Proust as its new MD/CEO for its Nigerian unit and subsidiaries, making her the company's first female head.
Proust, who succeeded former CEO Guy Maurice, is the first female to head the company in 50 years and is expected to oversee the activities of Total E&P Nigeria Ltd, Total Upstream Nigeria Ltd and other subsidiaries operating in Nigeria.
"We have great confidence in the ability of Proust to steer the ship of the upstream companies in Nigeria at this critical period in the Group's activities in the country," said Yves-Louis Darricarrere, Total Upstream President South Africa.
With Nigeria's target of 40 billion barrels reserves and 4 million barrel of daily output by 2020, Proust's ability to maintain Total's position as a leading oil and gas operator is paramount, more critically with the present volatility being experienced in the country's oil market.
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