Algeria: Hakkar rearranges Sonatrach top team
Issue 413 - 17 Apr 2020
As Sonatrach tackles the impact of Covid-19 and slumping oil prices, chairman and chief executive (PDG) Toufik Hakkar on 30 March continued his reorganisation of senior managers, with the appointment of eight new vice-presidents. Critics have questioned the credentials of several of the newVPs, pointing out that the moves could give Hakkar greater control over key departments. Few of the new VPs have a high profile. Only one VP, Fethi Arabi, maintains his old post; the rest have been promoted. Sonatrach’s VPs are now as follows:
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