Chevron SA appoints new Executive Chairman

Shashi Rabbipal

Shashi Rabbipal will be responsible for leading Chevron South Africa's corporate governance team and will steer the company's continued progress on Transformation. He will also focus on establishing and maintaining relationships with key external stakeholder business partners.

Rabbipal joined Chevron 25 years ago and has fulfilled various general management roles at Chevron South Africa in Sales and Marketing for Europe, Africa, Middle East and Pakistan and also worked for a time in the United Kingdom with Chevron. He served on the board of Chevron South Africa and a Chevron Joint Venture in Romania. As a result, he has accumulated extensive experience and knowledge within the industry.

Commenting on his appointment, Rabbipal said that he sees an opportunity for the company to work closely with various stakeholders towards key strategic priorities, particularly on Transformation in the petroleum sector and on fuel security.

"A mutually beneficial and strategic partnership with key stakeholders is important to Chevron South Africa in delivering competitive results the right way. We recognise that the country needs a reliable and strong refining industry to ensure security of supply and be an enabler of economic Transformation in the country. "

Rabbipal adds, "I believe that our Transformation agenda already reflects our commitment to government's imperative on socio-economic Transformation and more specifically, the creation of black industrialists."

To this end, Chevron South Africa has challenged the traditional ownership models for its retail business by placing over 50% of its retail network in the hands of Caltex Branded Marketer entrepreneurs who in turn are also obliged to fulfil socio-economic transformation.