NNPC Carries Out Leadership Shakeup, Appoints Adedapo Segun As New CFO

The Board of Directors at the Nigerian National Petroleum Company Limited (NNPC) has announced a leadership shakeup, appointing key executives to strengthen corporate governance and operational efficiency.

This was made known in a press statement issued on Wednesday by the NNPC’s Chief Corporate Communications Officer, Olufemi Soneye.

In the series of new appointments, Mr. Adedapo A. Segun has been named as Chief Financial Officer (CFO), succeeding his prior role as Executive Vice President of the Downstream sector, where he contributed significantly to NNPC’s downstream operations.

Segun replaced the outgoing CFO, Umar Ajiya.

Joining him in newly appointed roles, Mr. Isiyaku Abdullahi has been promoted to Executive Vice President (EVP), Downstream.

Udobong Ntia has also been appointed as the Executive Vice President (EVP), Upstream, replacing the outgoing EVP Oritsemeyiwa Eyesan.

The statement read, “These appointments align with NNPC Limited’s commitment to building a unified and competent leadership team to drive operational excellence and support the organisation’s strategic objectives.

“The Board and Management also extend their deepest appreciation to Mr. Umar Ajiya and Mrs. Oritsemeyiwa A. Eyesan for their outstanding dedication and service to NNPC Limited.

NNPC Limited remains committed to achieving operational excellence, enhancing global competitiveness, and ensuring financial sustainability, while prioritising the interests of the Nigerian public in the petroleum industry.”

Ozioma Samuel-Ugwuezi

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