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Reading: More Retirements Loom As NNPCL Makes Organisational Changes
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Nigerian News, Politics, Business, Economy, Investment, Entertainment and Sports. > Blog > News > More Retirements Loom As NNPCL Makes Organisational Changes
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More Retirements Loom As NNPCL Makes Organisational Changes

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Last updated: September 19, 2023 9:01 am
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3 years ago
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Following the recent retirement of three Executive Vice Presidents, the Nigeria National Petroleum Company Limited (NNPCL) is implementing further organizational changes.

The NNPCL management has issued a directive for management staff members with less than 15 months left until retirement to proceed with their retirement plans.

The retired Executive Vice Presidents include Abdulkabir Ahmed (Gas, Power and New Energies), Engr. Adokiye Tombomieye (Upstream), and Adeyemi Adetunji (Downstream), who were originally scheduled for retirement in 2014.

They have been replaced by Olalekan Ogunleye, Oritsemeyiwa Eyesan, and Adedapo Segun, who will now assume the roles of EVP for Gas, Power and New Energies, Upstream, and Downstream, respectively.

According to a statement on its X (formerly Twitter) verified handle on Tuesday morning, the company’s management said the new exercise is part of an effort to achieve its strategic business objectives.   

“In our bid to pursue effective organisational renewal to support the delivery of our strategic business objectives, it has become imperative to rejuvenate our workforce.

“Consequently, in addition to the recent exit of three (3) Executive Vice Presidents, other Management Staff with less than fifteen (15) months to statutory retirement will be exiting the Company effective 19th September 2023.

“This is in line with our commitment to scale up NNPC Ltd.’s capabilities through targeted talent management and equal opportunity for all Nigerians,” the statement seen by NIGERIAN ANCHOR said. 

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TAGGED:Corporate restructuring newsNigeria National Petroleum Company changesNigeria oil industry updatesNNPCL company developmentsNNPCL management shiftsNNPCL management updatesNNPCL organizational changesOrganizational restructuringPotential retirementsStaff retirements in NNPCL
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