By Adedapo Adesanya
President Bola Tinubu has reshuffled the board of directors of the Nigerian National Petroleum Company (NNPC) Limited.
The move, announced on Wednesday, saw the strategic leadership appointments, including Mr Adedapo A. Segun as the new Chief Financial Officer (CFO) of the state oil firm.
According to a statement by Mr Olufemi Soneye, Chief Corporate Communications Officer, these changes reflect continued dedication to enhancing corporate governance, improving operational efficiency, and ensuring long-term success in Nigeria’s energy sector.
Mr Segun previously served as the Executive Vice President for Downstream, where he made significant contributions to the company’s downstream operations.
Others appointed include Mr Isiyaku Abdullahi as Executive Vice President (EVP), Downstream and Mr Udobong Ntia has been appointed Executive Vice President (EVP), Upstream.
“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 said.
“The Board and Management also extend their deepest appreciation to Mr. Umar Ajiya and Mrs Oritsemeyiwa A. Eyesan for their outstanding dedication and service to NNPC Limited.
“NNPC Limited remains committed to achieving operational excellence, enhancing global competitiveness, and ensuring financial sustainability, while prioritizing the interests of the Nigerian public in the petroleum industry.”