• Monday, March 04, 2024
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BusinessDay

NNPC retires 38 management staff

nnpc-tanker
  • appoints new MDs for subsidiaries
  • reduces top management staff from 122 to 83

As the gale of retirement continues in the Nigerian National Petroleum Corporation (NNPC), the management of the corporation has retired 38 top management staff reducing the number from 122 to 83.

This follows the sacking of eight group executive directors and reducing the directorate to four to be manned by four group executive directors.

In the same breath, the corporation has appointed new managing directors for all its subsidiaries, while some are redeployed.

Emmanuel Ibe Kachikwu, the new GMD, who disclosed this, said the new appointments were 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 were approved by President Muhammadu Buhari, include Babatunde Victor Adeniran, group executive director, commercial and investment.

The new managing directors appointed for the strategic business units are: Chidi Momah, group general manager, company secretary and legal adviser; Esther Nnamdi Ogbue, managing director, Pipelines and Products Marketing Company (PPMC); Chinedu Ezeribe, managing director, Warri Refining and Petrochemicals Company (WRPC); Babatunde Bakare, managing director, Nigerian Gas Company (NGC); Inuwa Ibrahim Waya, managing director, Hyson; Abubakar Mai-Bornu, managing director, Nigerian Petroleum Development Company (NPDC), and Ladipo Fagbola, managing director, NNPC Retail.

Others are: Rowland Ewubare, managing director, Integrated Data Services Limited (IDSL); Modupe Bammeke, managing director, NNPC Properties; Abdulkadir Saidu, managing director, Duke Oil, and Dafe Sejebor, group general manager, Nigerian Petroleum Investment Management Services (NAPIMS).

Also, in line with the aspiration to reposition the corporation, 12 personnel have been recruited from the private sector into the top management cadre to jump-start a new business outlook to enhance the operational environment as a profit-driven business as against the current civil service orientation.