The Nigerian National Petroleum Company Limited (NNPC) has announced a significant leadership restructuring, appointing new executives to strengthen its corporate governance and enhance operational efficiency. This development was disclosed on Wednesday by NNPC’s Chief Corporate Communications Officer, Olufemi Soneye, in an official press statement.
As part of this management overhaul, Mr. Adedapo A. Segun has been named the new Chief Financial Officer (CFO), a promotion from his previous role as Executive Vice President (EVP) of the Downstream sector. Segun, who succeeded Umar Ajiya, is credited with numerous contributions to NNPC’s downstream operations, strengthening the company’s fuel distribution and market positioning.
In additional appointments, Mr. Isiyaku Abdullahi has been promoted to Executive Vice President (EVP), Downstream, to continue NNPC’s efforts in optimizing downstream performance. Udobong Ntia has been appointed as the new Executive Vice President (EVP), Upstream, taking over from Oritsemeyiwa Eyesan, who held the position until now.
“These appointments align with NNPC Limited’s commitment to building a unified and competent leadership team to drive operational excellence and support the organisation’s strategic objectives,” the statement read.
The Board expressed gratitude to outgoing executives Mr. Umar Ajiya and Mrs. Oritsemeyiwa A. Eyesan for their dedication and contributions to NNPC’s growth and stability.
NNPC Limited emphasized its commitment to achieving operational excellence, boosting global competitiveness, and ensuring financial sustainability, all while prioritizing the interests of the Nigerian public in the petroleum sector.