NNPC Limited has announced a series of key leadership changes, emphasizing its commitment to strengthening corporate governance, operational efficiency, and fostering long-term success within Nigeria’s energy sector.
The Board of Directors confirmed the appointments in a statement issued on Wednesday night.
It said the appointments are aimed to enhance the company’s strategic growth initiatives.
It said Adedapo Segun has been appointed Chief Financial Officer (CFO).
Segun previously worked as NNPC’s Executive Vice President of Downstream, where he played an important role in modernising downstream operations.
His financial aptitude and industry experience are likely to play an important roles in advancing the company’s financial strategies.
Isiyaku Abdullahi has been named Executive Vice President, Downstream, and will be in charge of important downstream operations.
His knowledge and leadership in this field would help to strengthen NNPC’s downstream portfolio and ensure successful service delivery to fulfil Nigeria’s energy needs.
Udobong Ntia will take over as Executive Vice President, Upstream, with the responsibility of improving operational efficiency and sustainability in the upstream sector.
Ntia’s new responsibilities will include implementing measures to improve upstream activities, which are critical to Nigeria’s oil production and economic stability.
The Board acknowledged these appointments as a strategic step toward building a cohesive and capable leadership team that will focus on operational excellence and reinforce NNPC Limited’s position in both the domestic and global energy markets.
The organization also expressed its gratitude to Umar Ajiya and Ms. Oritsemeyiwa A. Eyesan for their dedication and impactful contributions during their tenure, highlighting the positive legacy they leave at NNPC.
Reaffirming its dedication to achieving financial sustainability and global competitiveness, NNPC Limited stated its mission to enhance productivity across all operational facets while prioritizing the interests of the Nigerian public in the petroleum industry.
The company’s leadership underscored that these changes reflect a broader commitment to aligning with the organization’s long-term goals and adapting to the evolving dynamics of the global energy landscape.