NNPCL Board Announces Key Leadership Changes

The New Diplomat
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By Kolawole Ojebisi

A leadership overhaul has taken place at the Nigeria National Petroleum Company Limited, (NNPCL)

This is as the company’s Board of Directors unveiled a series of strategic appointments to its executive team.

This development is made public in an official statement, released on Wednesday night, by the Chief Corporate Communications Officer of the company, Olufemi Soneye, on X.

The statement, titled, “Leadership Appointments at NNPC Limited,” read in part, “These changes reflect our ongoing commitment to enhancing corporate governance, improving operational efficiency, and securing long-term success in Nigeria’s energy sector.”

The statement noted that the move is critical to strengthening governance, leadership, and operational efficiency within Nigeria’s energy sector.

The release indicates that Mr Adedapo A. Segun has been promoted to the role of Chief Financial Officer. He had previously been Executive Vice President, Downstream.

The Board highlighted his “significant contributions to the company’s downstream operations,” affirming the leadership skills he brings to his new position.

Mr Isiyaku Abdullahi has assumed the role of Executive Vice President (EVP), Downstream, while Mr Udobong Ntia has taken up the position of Executive Vice President (EVP), Upstream.

The statement stresses that these appointments align with NNPC Limited’s commitment to “building a unified and capable leadership team to drive operational excellence and support the organisation’s strategic goals.”

Additionally, the Board extended “its deepest appreciation to Mr Umar Ajiya and Mrs Oritsemeyiwa A. Eyesan for their exceptional dedication and service to NNPC Limited,” acknowledging the significant contributions made by these outgoing leaders.

With a renewed focus on “achieving operational excellence, enhancing global competitiveness, and ensuring financial sustainability, NNPC Limited’s recent appointments represent a significant step towards advancing the company’s mission,” the statement added.

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