The Nigerian National Petroleum Company Limited (NNPC) has announced major changes to its Board and senior management team, with the removal of Umar Ajiya as Chief Financial Officer and Oritsemeyiwa Eyesan as Executive Vice President (Upstream).
To fill these roles, NNPC has appointed Isiyaku Abdullahi as Executive Vice President (Downstream) and Udobong Ntia as Executive Vice President (Upstream).
Additionally, Adedapo Segun, previously EVP (Downstream), has been appointed the new Chief Financial Officer.
In a statement released on Wednesday night, NNPC stated that these leadership changes are part of its efforts to strengthen corporate governance and improve operational efficiency, reinforcing its commitment to the long-term growth and success of Nigeria’s energy sector.
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The statement read in part, “The Board of Directors of NNPC Limited is pleased to announce a series of strategic leadership appointments. These changes reflect our continued dedication to enhancing corporate
governance, improving operational efficiency, and ensuring long-term success in Nigeria’s energy sector.
“The following key appointments have been made: 1. Mr. Adedapo A. Segun has been appointed as the Chief Financial Officer (CFO). Segun previously served as the executive vice president, Downstream, where he made
significant contributions to the company’s downstream operations. Isiyaku Abdullahi has been named executive vice President (EVP), Downstream.
“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 organization’s strategic objectives.
“The Board and Management also extend their deepest appreciation to Umar Ajiya and 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 prioritising the interests of the Nigerian public in the petroleum industry.”
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