In preparation for the imminent change in its status to a limited liability company, the Nigerian National Petroleum Corporation (NNPC), has announced a major shake-up in its management team.
The changes are following the passage of the long-awaited and controversial Petroleum Industry Bill (PIB), which was recently passed by the National Assembly, as earlier reported by naijabusiness.com.ng
Consequently, some management staff was promoted and redeployed, while a serving Chief Operating Officer (COO) was relieved of his duties.
This was disclosed by the Group General Manager, Group Public Affairs Division of NNPC, Kennie Obateru in a statement issued in Abuja today and obtained by the Punch sources.
According to the notice, Billy Okoye had been appointed the new Group Executive Director, Ventures and Business Development, while Aisha Ahmadu-Katagum was promoted to the position of Group Executive Director, Corporate Services. Prior to their new appointments, Mr. Okoye and Mrs. Ahmadu-Katagum were Group General Managers, Crude Oil Marketing Division and Supply Chain Management Division in the Corporation, respectively.
In a similar development, a former Chief Operating Officer in the Business and Ventures Development division, Adeyemi Adetunji was promoted to Group Executive Director, Downstream; while Mohammed Ahmed, formerly Chief Operating Officer, Corporate Services, had now assumed the position of Group Executive Director, Gas and Power.
NNPC stated that other Chief Operating Officer positions in the Corporation had now been re-designated as Group Executive Directors, in alignment with the rules of the Company and Allied Matters Act.
The repositioning of the corporation also saw the disengagement of Yusuf Usman, formerly Chief Operating Officer, Gas and Power, the oil firm said.
Finally, the Corporation also announced that Mr. Garba-Deen Muhammad, will take over from Dr. Kennie Obateru, as the Group General Manager, Group Public Affairs Division of the corporation.
Rationalizing the new move, NNPC Group Managing Director, Mele Kyari, opined that the new appointments would enable the corporation to live up to the expectations of Nigerians. He further added that the recent development would also enable the corporation to achieve its vision of becoming a world-class energy company of choice.
