The Board of Directors of Nigerian National Petroleum Corporation Limited has announced a series of key leadership changes aimed at strengthening governance and boosting operational efficiency within the organization.
This move is part of a broader strategy to ensure long-term success in Nigeria’s energy sector.
This was made known in an official statement titled “Leadership Appointments at NNPC Limited,” released late Wednesday evening.
Chief Corporate Communications Officer Olufemi Soneye shared the news on X, highlighting that the new appointments are a crucial part of NNPC Limited’s ongoing commitment to refining its corporate governance and operational performance.
“These changes reflect our ongoing commitment to enhancing corporate governance, improving operational efficiency, and securing long-term success in Nigeria’s energy sector,” he stated.
The changes within the executive ranks are seen as essential steps to fortify leadership and operational effectiveness.
Among the key changes, Mr. Adedapo A. Segun has been promoted to Chief Financial Officer. Segun, who previously served as the Executive Vice President, Downstream, has been recognized for his pivotal role in the company’s downstream operations. His promotion is seen as a testament to the leadership and financial expertise he brings to the position.
In addition, Mr. Isiyaku Abdullahi has now taken on the role of Executive Vice President, Downstream, while Mr. Udobong Ntia has been appointed as the Executive Vice President, Upstream. These appointments are designed to further NNPC Limited’s strategy of optimizing its leadership structure to drive growth across both upstream and downstream operations.
The Board emphasized that these leadership transitions are aligned with NNPC Limited’s focus on building a cohesive and high-performing team capable of achieving operational excellence and meeting the company’s ambitious strategic goals.
Furthermore, the Board expressed its gratitude to the outgoing leaders, Mr. Umar Ajiya and Mrs. Oritsemeyiwa A. Eyesan, for their outstanding contributions to the company’s growth.
“The Board extends its deepest appreciation to Mr. Umar Ajiya and Mrs. Oritsemeyiwa A. Eyesan for their exceptional dedication and service to NNPC Limited,” the statement read, acknowledging the significant roles they played in the company’s success during their tenure.
The leadership changes at NNPC Limited are not just seen as a strategic shift but also as a significant move to improve the company’s global competitiveness, financial sustainability, and overall operational efficiency.
As part of its renewed focus, NNPC Limited aims to further its mission of serving Nigeria’s best interests within the petroleum sector.
In closing, the Board reassured the public that these changes are a positive step toward reinforcing NNPC Limited’s commitment to its role in Nigeria’s energy industry, ensuring that the company continues to meet the demands of a rapidly evolving global market.
