Algeria: Kaddour adopts new commercial approach at Sonatrach
In depth
Issue 375
- 31 Aug 2018
| 4 minute read
Algerian state oil and gas company Sonatrach now has eight vice-presidents – compared with just two (upstream and downstream) when chairman and chief executive (PDG) Abdelmoumen Ould Kaddour took over in 2017. While these changes are important indicators of the more commercial approach of which Kaddour is the champion, the broader organisation has historically proved resistant to reform. Previous PDGs have redrawn the corporate organogram in various ways without achieving any change in underlying performance.
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