Energy giant and LNG player BP has appointed Anja-Isabel Dotzenrath as its new executive vice president, gas and low carbon energy, and member of its leadership team.
Dotzenrath will replace Dev Sanyal, BP’s current EVP gas and low carbon energy.
Also, Sanyal will leave the company at the end of 2021 to take a new role elsewhere, according to a BP statement on Tuesday.
Dotzenrath previously worked as executive officer of RWE Renewables, one of the world’s leading renewables businesses. She will join BP on March 1, 2022.
Bernard Looney, BP chief executive, said: “I am delighted that Anja has chosen to join us and help lead BP’s transformation from international oil company to integrated energy company. She is exactly the right person for BP, at exactly the right time – a globally respected and deeply experienced leader in renewable energy with a proven track record of transforming and growing businesses.”
“By integrating gas, renewables, hydrogen and biofuels at scale we can build a world-leading business in low carbon. I can’t wait to join the team and get to work on helping prove that purpose and profitable growth can work together,” Dotzenrath said.
BP’s strategy aims to significantly expand its low carbon energy interests, with a target of having developed 20GW net of renewable assets by 2025 and aiming for 50GW by 2030.
Furthermore, the firm expects to invest around $2 billion in low carbon energy in 2021, rising to $3-4 billion in 2025 and aiming for around $5 billion in 2030.