NNPC Board Appoints New CFO, Strengthens Leadership Team

The Nigerian National Petroleum Company Limited (NNPC Ltd.) has announced new strategic leadership appointments aimed at bolstering its operational efficiency and corporate governance. Mr Adedapo Segun has been named as the company’s Chief Financial Officer (CFO), while Mr Isiyaku Abdullahi and Mr Udobong Ntia take on roles as Executive Vice Presidents (EVPs) for Downstream and Upstream operations, respectively.

In a statement issued on Wednesday, Chief Corporate Communications Officer, Mr Olufemi Soneye, highlighted that these appointments demonstrate NNPC Ltd’s commitment to fostering a high-calibre leadership team focused on sustainable growth within Nigeria’s evolving energy landscape.

“These appointments align with NNPC Ltd’s commitment to building a unified and competent leadership team to drive operational excellence and support the organisation’s strategic objectives,” said Soneye. “The board and management also extend appreciation to Mr Umar Ajiya and Mrs Oritsemeyiwa Eyesan for their outstanding dedication and service to NNPC Limited.”

Mr Segun, formerly the Executive Vice President, Downstream, brings a wealth of experience to his new role, with a proven track record of impactful contributions to NNPC’s downstream operations. The strategic leadership appointments underscore NNPC Ltd’s commitment to achieving operational excellence, enhancing global competitiveness, and prioritising financial sustainability while advocating for the interests of Nigerians in the petroleum industry.

With these additions to its leadership team, NNPC Ltd. reaffirms its dedication to driving long-term success and positioning itself as a significant force in the global energy sector. MultiChoice Nigeria Loses 243,000 Subscribers in Six Months