The Nigerian National Petroleum Company Limited (NNPCL) has announced the appointment of a new eight-man senior management team. This team will oversee the company’s operations. They will also set the strategic direction. This move is aimed at driving growth, efficiency, and profitability in the organization.
New Management Team Members:
– Rowland Ewubare: Group Chief Operating Officer
– Adedapo Segun: Group Chief Financial Officer
– Olalekan Ogunleye: Executive Vice President of Gas, Power & New Energy
– Udy Ntia: Executive Vice President Upstream
– Mumuni Dangazau: Executive Vice President of Downstream
– Sophia Mbakwe: Executive Vice President of Business Services
– Adesua Dozie: Company Secretary & Chief Legal Officer
The appointments are with immediate effect. The shareholders of the national oil firm have approved the names and portfolios of the new management team. This move is in line with the provisions of the Petroleum Industry Act.
The new management team is expected to drive the implementation of NNPCL’s strategic objectives, which include:
– Increasing Revenue: Growing revenue through increased oil and gas production, improved refining capacity, and expanded commercial operations.
– Improving Efficiency: Enhancing operational efficiency through the adoption of best practices, technology, and innovation.
– Enhancing Sustainability: Promoting sustainability by reducing the company’s environmental footprint, improving health and safety standards, and supporting local communities.
The appointment of the new management team has been welcomed by industry stakeholders. They believe that the team has the expertise and experience to drive growth and efficiency in NNPCL.
President Bola Tinubu has expressed his commitment to reforming the oil and gas sector. The appointment of the new management team is seen as a key step in achieving this goal. The President has emphasized the need for transparency, accountability, and efficiency in the sector.
The company has announced plans to expand its operations, increase production, and improve its refining capacity. The new management team is expected to play a key role in driving these plans forward.
The appointment of the new management team at NNPCL marks a significant milestone in the company’s history. With their expertise and experience, the team is well-positioned to drive growth, efficiency, and profitability in the organization. NNPCL is evolving and expanding its operations. The new management team will significantly influence the company’s future.