The Board of Directors of the Nigerian National Petroleum Company Limited (NNPCL) has made some new strategic leadership appointments in the company.
The Board of Directors made the announcement in press release by the NNPCL Chief Corporate Communications Officer, Olufemi Soneye, dated 13 November, 2024.
It stated that the leadership changes were aimed at enhancing corporate governance and operational efficiency.
In the strategic leadership changes, Mr. Adedapo Segun, former Executive Vice President of Downstream Operations, was appointed to succeed Alhaji Umar Ajiya as the Chief Financial Officer.
Mr. Isiyaku Abdullahi was appointed as the Executive Vice President (Downstream), while Mr. Udobong Ntia became the Executive Vice President (Upstream).
The Board of Directors stated that the appointments aligned with the NNPCL commitment to building a unified and competent leadership team to drive operational excellence and support the company’s strategic objectives.
The Board also expressed gratitude to the outgoing leaders and emphasised its commitment to advancing Nigeria’s energy sector through these strategic appointments.
“The Board of Directors of NNPC Limited is pleased to announce a series of strategic leadership appointments.
“These changes reflect our continued dedication to enhancing corporate governance, improving operational efficiency and ensuring long-term success in Nigeria’s energy sector.
“The following key appointments have been made: Mr. Adedapo A. Segun has been appointed as the Chief Financial Officer (CFO).
“Mr. Segun previously served as the Executive Vice President, Downstream, where he made significant contributions to the company’s downstream operations.
“Mr. Isiyaku Abdullahi has been named Executive Vice President (EVP), Downstream.
“Mr. Udobong Ntia has been appointed Executive Vice President (EVP), Upstream.
“These appointments align with NNPC Limited’s commitment to building a unified and competent leadership team to drive operational excellence and support the organisation’s strategic objectives.
“The Board and Management also extend their deepest appreciation to Mr. Umar Ajiya and Mrs. Oritsemeyiwa A. Eyesan for their outstanding dedication and service to NNPCL,” the Board of Directors stated in the release.
NNPCL restated its commitment to “achieving operational excellence, enhancing global competitiveness, and ensuring financial sustainability, while prioritising the interests of the Nigerian public in the petroleum industry.”
