NIGERIA – Oil marketing giant, MRS Oil Nigeria Plc, has announced the appointment of Marco Storari as the new Managing Director.

The appointment follows the resignation of the company’s immediate former MD Mrs Priscilla Thorpe-Monclus which happened in August this year.

According to a statement from MRS Oil, Mrs. Thorpe-Monclus’ resignation coincided with that of one of the company’s directors, Mr Christopher Okorie who also stepped down in August.

The statement noted that, Mrs Thorpe-Monclus, during her tenure as the Managing Director, showed great commitment and dedication in her drive for the new MRS Brand.

Her concerted effort according to MRS Oil, resulted in the unveiling of three new retail outlets in Lagos, one in Owerri, two in Kano and two new outlets in Abuja.

The board commended the efforts of Mrs Thorpe-Monclus and Mr Okorie to the growth of the company and wished them the best in their future endeavors.

The Board of Directors of MRS in the statement, expressed its confidence in the ability of Storari to exploit his wealth of experience in the industry, to improve business efficiency.

Mr Marco Storari, the new MD of the oil marketing giant, is a seasoned leader with more than 3 decades’ experience in the management, shipping, trading and terminal operations in the industry.

He has held various high-level positions where he recorded business successes in companies in Italy, Monaco and Nigeria.

He was, until his appointment as Acting Managing Directors, the Group Executive Director, Storage and Terminal for MRS Holdings Limited.

The oil company noted that Mr. Storari has been a driving force in the transformation of the MRS Group over the last 10 years.

MRS Oil Nigeria Plc is a fully integrated and efficient downstream player, with leading positions in the Nigerian Oil Industry.

 The oil firm, with its head office in Nigeria’s commercial capital, Lagos, previously traded under the name Texaco Nigeria Plc.

It has 3 business units namely sale of petroleum products at retail outlets, sale of aviation fuel, and blending of lubricants.

Liked this article? Subscribe to DealStreet Africa News, our regular email newsletter with the latest news, deals and insights from Africa’s business, economy and more. SUBSCRIBE HERE