BREAKING NEWS, Oil & Gas
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The Nigerian National Petroleum Corporation appoints new group executive directors and managing directors for its subsidiaries as well as reduces top management staff from 122 to 83
THE management of the Nigerian National Petroleum Corporation, NNPC, has appointed four new group executive directors to man the four new Directorates that have been approved by the Presidency.
Emmanuel Ibe Kachikwu, new group managing director, disclosed the new appointments in line with the federal government’s aspiration to transform the NNPC into a lean, efficient, business-focused, transparent and accountable national oil company in keeping with international best practices.
The appointments which were approved by President Muhammadu Buhari, include Maikanti Baru, group executive director, Exploration and Production; Isiaka Abdulrazaq, group executive director, Finance and Services; Dennis Nnamdi Ajulu, group executive director, Refining and Technology; and Babatunde Victor Adeniran, group executive director, Commercial and Investment.
A new company secretary/legal adviser and managing directors have also been appointed for the Strategic Business Units. They are: Chidi Momah, group general manager, Esther Nnamdi Ogbue, company secretary and legal adviser; Managing Director, Pipelines and Products Marketing Company (PPMC); Chinedu Ezeribe, an engineer, managing director, Warri Refining and Petrochemicals Company (WRPC); Babatunde Bakare, Managing Director, Nigerian Gas Company (NGC); Inuwa Ibrahim Waya, Managing Director, Hyson; Abubakar Mai-Bornu, managing director, Nigerian Petroleum Development Company (NPDC); and Ladipo Fagbola, managing director, NNPC Retail.
Others are Rowland Ewubare, managing director, Integrated Data Services Ltd, IDSL; Modupe Bammeke, managing director, NNPC Properties; Abdulkadir Saidu, managing director, Duke Oil; and Dafe Sejebor, Group General Manager, Nigerian Petroleum Investment Management Services, NAPIM).
The Corporation also retired 38 top management staff reducing the number from 122 to 83. Also in line with the aspiration to reposition the Corporation, 12 personnel have been recruited from the private sector into the top management cadre to jump-start a new business outlook to enhance the operational environment as a profit-driven business as against the current civil service orientation, a statement issued by Ohi Alegbe, group general manager, Group Public Affair Division and made available to Realnews Tuesday, August 11, said.
— August 11, 2015 @ 10:00 GMT
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