BUSINESS
NNPCL Board Kicks Out Top Brass, Ajiya, Eyesan After 9 Months, Names New CFO, EVPs In A Surprise Shake-up
The Board of Directors of NNPC Limited, has announced a major leadership changes to enhance its corporate governance and operational efficiency in Nigeria’s energy sector.
BIGPEN NIGERIA (https://bigpenngr.com) reports that Mr. Adedapo A. Segun is now the Chief Financial Officer, bringing valuable experience from his previous role as Executive Vice President, Downstream.
Mr. Isiyaku Abdullahi takes on the role of Executive Vice President, Downstream, while Mr. Udobong Ntia becomes Executive Vice President, Upstream.
The appointments was contained in a statement by Olufemi Soneye, Chief Corporate Communications Officer, NNPC Limited, on Wednesday in Abuja.
The statement, however noted the replacement of Mr. Umar Ajiya and Mrs. Oritsemeyiwa A. Eyesan, who were previously appointed by President Bola Tinubu in December 2023.
The statement reads: “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:
1. 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.
2. Mr. Isiyaku Abdullahi has been named Executive Vice President (EVP), Downstream.
3. 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 organization’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 NNPC Limited”.
NNPC Limited remains committed to achieving operational excellence, enhancing global competitiveness, and ensuring financial sustainability, while prioritizing the interests of the Nigerian public in the petroleum industry”, the statement added.
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