The Nigerian National Petroleum Company (NNPC) Limited has announced the appointment of a new eight-member senior management team.
The development is coming days after the appointment of the group chief executive officer (GCEO) and board of directors of NNPC by President Bola Tinubu.
In a statement, Femi Soneye, NNPC’s spokesperson, stated that the team will be headed by Bayo Ojulari, NNPC’s GCEO.
The team has Rowland Ewubare, as group chief operating officer, and Adedapo Segun as group chief finance officer.
Others include Olalekan Ogunleye, as executive vice-president gas, power and new energy; Udy Ntia, executive vice-president upstream; Mumuni Dagazau, executive vice-president downstream; Sophia Mbakwe, executive vice-president business services; and Adesuwa Dozie, company secretary and chief legal officer.
Following their appointment on April 2, the new board of directors were asked to elevate NNPC’s share of crude oil refining output to 200,000 barrels by 2027 and reach 500,000 by 2030.
“This restructuring is aimed at repositioning NNPC Limited for greater productivity and efficiency in line with global best practices. We are taking bold steps to transform the company into a more commercially driven and transparent entity,” the statement reads.
