The new group managing director, former Exxon Mobil executive Dr. Emmanuel Ibe Kachikwu, says that the new appointments are in line with Nigeria’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 Nigeria President Muhammadu Buhari, include Maikanti Baru, group executive director, Exploration and Production; Isiaka Abdulrazaq, group executive director, Finance and Services; Dennis Nnamdi Ajulu, group executive director, Refining and Technology; and Babatunde Victor Adeniran, group executive director, Commercial and Investment.
A new company secretary/legal advisor and managing directors have also been appointed for the strategic business units, and they include Chidi Momah, group general manager, company secretary, and legal advisor; Esther Nnamdi Ogbue, managing director, Pipelines and Products Marketing Co. (PPMC); Chinedu Ezeribe, managing director, Warri Refining & Petrochemicals Co. (WRPC); Babatunde Bakare, managing director, Nigerian Gas Co. (NGC); Inuwa Ibrahim Waya, managing director, Hyson; Abubakar Mai-Bornu, managing director, Nigerian Petroleum Development Co. (NPDC); and Ladipo Fagbola, managing director, NNPC Retail.
Others appointments include Rowland Ewubare, managing director, Integrated Data Services Ltd. (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).
The corporation also retired 38 top-level management staff members, reducing the number from 122 to 83. Also in line with the aspiration to reposition the corporation, 12 personnel have been recruited from the private sector into the top-level 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.