NNPC Appoints New Vice-Presidents for Downstream, Upstream, Gas Operations
The Nigerian National Petroleum Company Limited (NNPCL) has appointed new executive vice presidents for the upstream, downstream and gas sectors.
The appointments were due to the exit of three executive vice-presidents of the company.
The Executive Vice-Presidents are Abdulkabir Ahmed (Gas, Power and New Energies), Engr. Adokiye Tombomieye (Upstream) and Adeyemi Adetunji (Downstream).
The following have been named as replacements — Olalekan Ogunleye (EVP Gas, Power and New Energies), who takes over from Ahmed who had served the company in various capacity before the retirement.
The appointments were announced in a statement signed by the company’s Chief Corporate Communications Officer, Garba Deen Muhammad and made available to the public via NNPCL’s official handle on X (formerly Twitter).
The statement reads: “In line with NNPC Ltd.’s commitment and drive for organizational renewal, anchored on our business imperatives, standards of excellence, people development, and strengthening our competencies and capabilities through broad-based leadership exposures, the company wishes to announce the following executive appointments with immediate effect: Oritsemeyiwa A. Eyesan, Executive Vice President, Upstream; Olalekan Ogunleye, Executive Vice President, Gas, Power, and New Energy Adedapo A. Segun, Executive Vice President, Downstream.”
On September 21, 2021, the Corporate Affairs Commission (CAC) had completed the incorporation of the NNPC Ltd in line with the provisions of the Petroleum Industry Act 2021.
Former President Muhammadu Buhari had on August 16, 2021, signed the Petroleum Industry Bill following its passage by the National Assembly in July 2021.
Following its incorporation, NNPCL was floated with an initial capital of N200 billion, the highest share capital by any government company in the country