• Sunday, July 21, 2024
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BusinessDay

Okunbor now Shell’s new MD

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A new managing director has been appointed for the Shell Petroleum Development Company of Nigeria Ltd (SPDC), the largest oil producing company in the country.
He is Osagie Okunbor and takes over from Mutiu Sunmonu who is retiring after 36 years of service.
Osagie Okunbor has also been named the country chair of Shell Companies in Nigeria, combining the two positions as his predecessor did.
He is the third Nigerian to hold both posts.
A graduate of business administration from the University of Benin, Okunbor is an accomplished professional, who brings over 28 years of industry experience and expertise to the role. He has worked in Nigeria, the UK, Brunei and currently The Netherlands. His previous assignments included vice president, human resources for Shell’s upstream business in sub-Saharan Africa and vice president, infrastructure and logistics, Shell Nigeria.
He is currently senior advisor in Shell’s upstream international operated business based in The Hague, The Netherlands, from where he returns to Port Harcourt to take up his new role.
Commenting on the appointment, Markus Droll, vice president, Nigeria & Gabon, Shell Upstream, said: “We are delighted to see another Nigerian at the helm of affairs in Shell Nigeria. Mutiu Sunmonu has worked very hard over these years – managing production and setting a new agenda in dealing with communities, government and other key stakeholders. We’re confident that Osagie will consolidate and build on the progress we have made in the past years.”
Osagie Okunbor, according to a statement issued by Precious Okolobo, corporate media relations manager of Shell Petroleum Development Company, would assume office on March 1, 2015.