Perth’s Yujnovich coming home to steer Shell’s ship

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OIL supermajor Shell has announced that Zoe Yujnovich will succeed Andrew Smith as chairman of the company in Australia from April 1, and that’s no April fool’s joke.
The company announced that Yujnovich would relocate to Shell’s Australian headquarters in Perth to take on the role of both Executive Vice President Australia and New Zealand Country Chair.
Smith, who started his career with Shell at their Geelong refinery 30-years ago, will relocate to London to take responsibility for all Shell’s trading and shipping activities globally.
Yujnovich, who is currently Executive Vice President Oil Sands based in Calgary, joined Shell in 2014 after holding a number of positions in mining with Rio Tinto after graduating with an engineering degree from the University of Western Australia. She was Rio Tinto company president in Brazil and CEO of the Iron Ore Company of Canada.
Smith said: “The years since I returned from London in 2010 have transformed Shell’s 116 year old business in Australia. Consistent with Shell’s global strategy to simplify its portfolio and only invest in the most compelling projects we went about reshaping the business. We took the difficult decisions to sell the refining business, including the profitable retail division, moved our upstream business into operatorship – through the acquisition of QGC and progress of the Prelude floating LNG project – and saw first gas flow from Gorgon LNG.
“Today Shell’s Australian portfolio is a globally significant LNG export business that will continue to make a tangible contribution to Australia’s economy. As an Australian I am proud the business I have led is a massive part of Shell’s world-class investment case.”
“I am very pleased to welcome Zoe back to Australia, her leadership in Shell’s Canadian business has been instrumental to improving both the economic and environmental performance of this complex business.”
Yujnovich said: “Andrew has left Shell’s business in Australia in a strong position, as we continue to build a viable export business while meeting the demands of local customers. I’m particularly excited about continuing to leverage the strong businesses we have in Australia and getting even closer to our customers as their needs and our industry continue to evolve.”
“Andrew has been a strong voice in consistently calling for the kind of regulatory reform that makes Australia a country that can attract investment in job creating projects – particularly outside the prosperous capitals in regional areas.
“I look forward to building on his legacy both by running Shell safely and efficiently, but also by being an active voice in the national debate.”

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