Repsol Sinopec Brazil under new command


Leonardo Junqueira leaves the presidency of the joint venture in Brazil and command passes the hands of Argentine


Repsol Sinopec has a new CEO, Argentine Mariano Ferrari, replacing Brazilian Leonardo Junqueira.

The move was formalized this September. Mariano Ferrari was Repsol’s president in the US, a position he held for two years. Graduated in Civil Engineering, the executive joined the Repsol group in 2005.

He also presided over the offices of Colombia and Argentina and was in charge of other management positions. Prior to joining Repsol, Ferrari worked for 13 years at Schlumberger, where he held other management positions.

Mariano Ferrari is the seventh president of Repsol Sinopec. Created in 2010, the oil company had two Brazilian CEOs and five foreign CEOs.

Leonardo Junqueira was transferred to Madrid to assume the Executive Board of Portfolio and E & P Performance of the Repsol group. A company employee with more than 18 years of career, the executive was in charge of Repsol Sinopec’s office since August 2016.

Replacement at IBP

In addition to taking over the presidency of Repsol Sinopec, Mariano Ferrari will also join the IBP board, replacing Leonardo Junqueira, in at least one position. The Brazilian executive was a member of the executive board and vice chair of the institute’s E & P Board of Directors.

The decision on the replacement of Junqueira on the IBP board will be taken this Friday, during the Extraordinary General Assembly of the institute, which will start in the morning. The substitution is taken for granted.

Source: Brazil Energy

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