NNPC Appoints Four New Group Executives.

President Muhammadu Buhari has approved the appointment of four Group Executive Directors (GEDs) to oversee the four new directorates of the Nigerian National Petroleum Corporation, NNPC.This was disclosed on Tuesday, August 11, 2015 in a statement signed bu the NNPC spokesman, Ohi Alagbe.

The Group Managing Director, Emmanuel Ibe Kachikwu, stated that the new appointments are in line with the Federal Government’s aspiration to transform the corporation into a lean, efficient, business-focused, transparent and accountable national oil company in keeping with international best practices.

The appointments, which have been approved by President Muhammadu Buhari, include Dr. Maikanti Baru, GED, Exploration and Production; Isiaka Abdulrazaq, Finance and Services; Engr. Dennis Nnamdi Ajulu, Refining and Technology; and Dr. Babatunde Victor Adeniran, Commercial and Investment.

A new Company Secretary/Legal Adviser and managing directors have also been appointed for the strategic business units.

They are: Chidi Momah, Group General Manager, Company Secratarty and Legal Adviser; Esther Nnamdi Ogbue, Managing Director, Pipelines and Products Marketing Company; Chinedu Ezeribe, Managing Director, Warri Refinning and Petrochemicals Company; Babatunde Bakare, Managing Director, Nigerian Gas Company; Inuwa Ibrahim Waya, Managing Director, Hyson; Abubakar Mai-Bornu, Managing Director, Nigerian Petroleum Development Company; and Ladipo Fagbola, Managing Director, NNPC Retail.

Others are Rowland Ewubare, Managing Director, Integrated Data Services Limited; Modupe Bammeke, Managing Director, NNPC Prpoerties; Abdulkadir Saidu, Managing Director, Duke Oil; and Dafe Sejebor, Group General Manager, Nigerian Petroleum Investment Management Services.

The corporation also retired 38 top management staff reducing the number from 122 to 83.

Twelve persons have also been recruited from the private sector into the top management cadre to jump-start a new business outlook and enhance the operational environment as a profit-driven business as against the current civil service orientation.