By Crystal Nwakanma
The Board of Directors of NNPC Limited has announced a series of strategic leadership appointments aimed at enhancing corporate governance and strengthening operational efficiency within the company. These changes are part of the company’s broader efforts to ensure long-term success in Nigeria’s energy sector and to meet its strategic objectives.
In a statement on Tuesday signed by Olufemi Soneye, Chief Corporate Communications Officer, NNPC Limited
confirmed the following key appointments:
Mr. Adedapo A. Segun has been appointed as the Chief Financial Officer (CFO). Previously the Executive Vice President of Downstream, Mr. Segun is recognized for his significant contributions to the company’s downstream operations and will now take on the critical role of overseeing NNPC’s financial strategies.
Mr. Isiyaku Abdullahi has been named the Executive Vice President (EVP) for Downstream. Abdullahi’s extensive experience in the energy sector will be pivotal as NNPC focuses on strengthening its downstream operations and expanding its market presence.
Mr. Udobong Ntia has been appointed Executive Vice President (EVP) for Upstream. Ntia, with his background in upstream operations, is expected to drive growth and enhance the company’s performance in exploration and production.
The appointments, the company noted, reflect NNPC Limited’s commitment to building a unified and highly competent leadership team that is well-positioned to drive operational excellence across its diverse business segments.
The Board of Directors also extended their sincere appreciation to Mr. Umar Ajiya and Mrs. Oritsemeyiwa A. Eyesan for their outstanding contributions to NNPC Limited, highlighting their dedication and service to the company during their respective tenures.
NNPC Limited emphasized that these leadership changes are crucial to the company’s ongoing efforts to improve operational efficiency, enhance its global competitiveness, and maintain financial sustainability in a rapidly evolving energy landscape. The company remains focused on meeting the needs of the Nigerian public while pursuing growth and success in the global petroleum industry.