The Council of Ministers, meeting last Tuesday, January 28, 2020, in its 2nd ordinary session, determined the cessation of functions of Omar Mithá as Chairman of the Board of Directors of ENH and in his replacement, appointed Estêvão Tomás Rafael Pale.
Estêvão Tomás Rafael Pale, a Mozambican citizen, 65 years old, married with two children, holds a Masters in Financial Economics from the University of London, a Masters in Mining Engineering from the Camborne School of Mines and a BA in Economics. Economics from Eduardo Mondlane University, in Mozambique.
Estevão Pale has over 35 years of experience in geology and mining and ten years of experience in the oil and gas sector. He has successfully managed several organizations, with special reference to the fact that he was the National Director of Mines in the Ministry of Mineral Resources and Energy for about ten years, where, among many challenges, he was responsible for designing and implementing the project to support the development of the geological area and the mining sector, financed by the World Bank, which facilitated the revision of the legal framework and attracted more investments to the sector.
Estevão Pale has been Executive Director of CMH – Companhia Moçambicana de Hidrocarbonetos, SA, since 2005. CMH holds 25% of the shares of the Joint-Venture Pande & Temane, and Sasol Petroleum Temane holds 70% and IFC – The Financial Corporation Internacional, a member of the World Bank Group, holds 5%. As CEO of CMH, Estevão Pale was instrumental in providing increasingly positive results for CMH shareholders, therefore, CMH was distinguished as a model in the oil and gas industry. And under his management, in 2008, CMH was considered the best company in Mozambique by KPMG, whose indicators were growth in turnover, growth in business per employee, profitability, financial autonomy and liquidity.
This time, ENH welcomes Dr. Estêvão Tomás Rafael Pale and wishes him success in this new phase, and that he can count on the support of the company’s employees in his various areas.