Bayo Ojulari has officially taken over as the group chief executive officer (GCEO) of the Nigerian National Petroleum Company (NNPC) Limited, succeeding Mele Kyari.
On Wednesday, President Bola Tinubu appointed Ojulari to replace Kyari, while Ahmadu Musa Kida was named NNPC’s non-executive chairman, replacing Pius Akinyelure.
In a statement on Friday, Olufemi Soneye, NNPC’s spokesperson, said Ojulari commended Kyari for his contributions to the growth of NNPC and his service to the nation.
Soneye noted that during the handover ceremony at the NNPC Towers on Friday, the CEO said his management would build on the successes of Kyari.
“In a brief handover ceremony held at the NNPC Towers on Friday, the GCEO commended Kyari for his contributions to the growth of NNPC and his sterling service to the nation,” Soneye said.
“He disclosed that the objective of his management was to consolidate on the successes of his predecessor and take the company to the next level.
“He said though the targets set for his management were quite enormous, he would be relying on the co-operation of the Management and staff of the company, as well as the counsel of his predecessor to achieve set targets.”
Ojulari said he would count on Kyari’s support when needed.
“I will be counting on your support, I will need it. I will be coming around to seek your counsel,” he said.
Kyari congratulated Ojulari and thanked the management and staff of NNPC for their support during his tenure.
The former GCEO pledged to support the new management, saying he is only a call away.
Meanwhile, following the appointment of the Group Chief Executive Officer and Board of Directors, the Nigerian National Petroleum Company Limited (NNPC Ltd) has announced the appointment of a new 8-man Senior Management Team on Friday.
The team which will be headed by the GCEO, Mr Bashir Bayo Ojulari, has Rowland Ewubare as Group Chief Operating Officer; Adedapo Segun as Group Chief Financial Officer; and Olalekan Ogunleye as Executive Vice President Gas, Power & New Energy.
Other members of the team are: Udy Ntia as Executive Vice President Upstream; Mumuni Dangazau as Executive Vice President Downstream; Sophia Mbakwe as Executive Vice President Business Services; and Adesua Dozie, as Company Secretary & Chief Legal Officer.
All appointments are with immediate effect.
