Buhari Sacks NNPC Subsidiary Heads, Appoints 4 New Group Executive Directors.

President Muhammadu Buhari has approved the appointment of four new Group Executive Directors to man the four new directorates that have created in the Nigerian National Petroleum Corporation (NNPC), the corporation’s management has said.

A statement issued in Abuja on Tuesday by Mr Ohi Alegbe, the Group General Manager, NNPC Group Public Affairs Division, said the new appointments were in line with the Federal Government’s aspiration to transform the corporation.

It added that the appointment was also aimed at ensuring a “lean, efficient, business-focused, transparent and accountable national oil company in line with international best practices.”

According to the statement, the appointees include:

Dr Maikanti Baru, Group Executive Director, Exploration and Production; Mr Isiaka Abdulrazaq, Group Executive Director, Finance & Services. Others are Engr. Dennis Nnamdi Ajulu, Group Executive Director, Refining & Technology; and Dr Babatunde Victor Adeniran, Group Executive Director, Commercial and Investment.

It further said that a new Company Secretary, Legal Adviser and Managing Directors have also been appointed for NNPC’s Strategic Business Units. They are:

Chidi Momah, Group General Manager, Company Secretary and Legal Adviser. Mrs Esther Nnamdi Ogbue, Managing Director, Pipelines and Products Marketing Company (PPMC). Engr. Chinedu Ezeribe, the Managing Director, Warri Refining and Petrochemicals Company (WRPC).

Others include: Mr Babatunde Bakare, the Managing Director, Nigerian Gas Company (NGC), Mr Inuwa Ibrahim Waya, the Managing Director, HYSON. Mr Abubakar Mai-Bornu, the Managing Director, the Nigerian Petroleum Development Company (NPDC) and Mr Ladipo Fagbola, the Managing Director, NNPC Retail.

Also appointed are Mr Rowland Ewubare, the Managing Director, Integrated Data Services Ltd. (IDSL); Mr Modupe Bammeke, Managing Director, NNPC Properties, Mr Abdulkadir Saidu, the Managing Director, Duke Oil; and Mr Dafe Sejebor, the Group General Manager, Nigerian Petroleum Investment Management Services (NAPIMS).

The statement added that the corporation had also retired 38 top management staff, reducing the number from 122 to 83, while 12 personnel had also been recruited from the private sector into top management cadre to jump-start a new business outlook.

It explained that the new appointees would make the operational environment more profit-driven.

Culled from The StreetJournal