Total Kenya Plc has appointed the Managing Director of Total Nigeria to Chair its Board of Directors.
Jean-Phillipe Torres who has been working for the Total Group in various capacities since 1992 joins the Board of Total Kenya with effect from September 5.
His appointment comes in the wake of the resignation of Jean-Christian Bergeron. It is still not yet clear what prompted Mr. Bergeron’s resignation, which took effect on September 5.
In a letter from Total Kenya Company Secretary John Maoga to the Capital markets Authority, the changes were approved after a September 5 Board meeting of the company.
Mr. Torres has previously worked as an analyst with the Finance and Economy Ministry in France. Since joining Total Group in 1992, he has worked in various capacities in Europe, the Americas as well as in Africa.
He has held positions in Total Germany, Total Benin, Total Senegal as well as being the Executive Vice- President North & Central America of Total Marketing & Services, Americas Division.
Mr. Torres has been Managing Director of Total Nigeria since 2016. He holds two Masters degrees, in finance from the Ecole Superieure de commerce de Tours in France and another in Science in Management from the IESEG school of Management, Lille, France.
His predecessor Mr. Bergeron has been at Total Group since 1990 and has served in capacities including in France, Cameroon and Pakistan.
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The petroleum and gas products supplier recently recorded half year profit of Ksh1.04 billion, up from Ksh958 million for the same period last year. The profit margin saw the earnings per share price of the company rise from selling at Ksh1.52 to settle at Ksh1.64 by June 30, 2018.
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