In a decisive move to strengthen its leadership team, the Board of Directors of NNPC Limited has announced a series of key appointments aimed at enhancing corporate governance, operational efficiency, and sustainable growth within Nigeria’s energy sector. This strategic restructuring reaffirms NNPC Limited’s commitment to a robust and future-focused leadership model that aligns with its vision for continued success.
According to a statement signed by Olufemi Soneye, NNPC Limited’s Chief Corporate Communications Officer, the new leadership appointments include:
1. Mr. Adedapo A. Segun – Appointed as the Chief Financial Officer (CFO), Mr. Segun brings a wealth of expertise from his previous role as Executive Vice President, Downstream. His tenure in the downstream sector was marked by transformative contributions that bolstered the company’s operations and expanded its market influence.
2. Mr. Isiyaku Abdullahi – Taking over as the Executive Vice President (EVP), Downstream, Mr. Abdullahi is expected to continue advancing NNPC Limited’s downstream operations, leveraging his extensive industry knowledge to foster growth and streamline operations.
3. Mr. Udobong Ntia – Appointed as the Executive Vice President (EVP), Upstream, Mr. Ntia’s leadership will focus on strengthening the company’s upstream portfolio, with an emphasis on driving sustainable exploration and production activities.
The statement highlighted that these appointments are part of NNPC Limited’s vision to assemble a highly skilled leadership team capable of driving operational excellence and steering the organization toward achieving its strategic goals.
Additionally, the Board and Management expressed their gratitude to Mr. Umar Ajiya and Mrs. Oritsemeyiwa A. Eyesan for their exceptional contributions and years of dedicated service to NNPC Limited, acknowledging their roles in positioning the company for future success.
NNPC Limited remains firmly committed to its objectives of achieving operational excellence, enhancing global competitiveness, and ensuring financial sustainability. The company continues to prioritize the interests of Nigerians, with a steadfast focus on delivering value and transparency in the nation’s petroleum industry.
