(Ecofin Agency) – In the operations-production department, the engineer will have to face the disruptions caused in the oil sector by the Covid-19 pandemic. A situation which, in part, led to the fall in the profits of Total Gabon during the year 2020. Indeed, the local subsidiary of the French company recorded a net profit down by 274%.
The Gabonese Henri-Max Ndong Nzue could soon take the head of the exploitation-production department of the Total Energies group in Africa, according to information confirmed by the Palais du bord de mer. The Gabonese engineer will replace the French Nicolas Terraz in this position .
Henri-Max Ndong Nzue will be the very first African to head the exploration and production branch of Total Energies south of the Sahara, and one of the most senior African executives within an oil major. Already, several subsidiaries of Total Energies are managed by Africans, like the Gabonese subsidiary. This suggests that the French group is today turned towards a policy of Africanization of its management.
Born in 1965, Henri Max Ndong Nzue is an engineer graduated from the Polytechnic School of Paris and the National School of Statistics and Economic Administration of the same city. He joined the Total group for several years. Within this multinational, he climbed the steps of the managerial ladder one by one before being appointed CEO of the Gabonese subsidiary in 2015. He was also the very first Gabonese to hold this high office in the country. During his career within this structure, he worked in France, Yemen, the Netherlands and Norway. He therefore knows the group well.
For the moment, the French oil group has not yet made a communication about this appointment.