Home Energy Baru sacked, Kolo Kyari takes over as new NNPC Group Managing

Baru sacked, Kolo Kyari takes over as new NNPC Group Managing

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THUR, JUNE 20 2019-theG&BJournal- President Muhammadu Buhari has appointed Mr. Mele Kolo Kyari as the new Group Managing Director of the Nigerian National Petroleum Corporation (NNPC).

The appointment which was announced by NNPC’s Group General Manager, Group Public Affairs Division, NDU UGHAMADU came as surprise to many industry watchers, most of who also say Maikanti Baru’s sacking was overdue.

President Buhari also appointed alongside Kyari, seven new Chief Operating Officers.

Until his new appointment, Kyari, a geologist, was Group General Manager, Crude Oil Marketing Division of NNPC and also doubled, since 13th May, 2018, as Nigeria’s National Representative to the Organization of the Petroleum Exporting Countries, OPEC.

UGHAMADU said President Buhari has directed that the New GMD and the newly appointed Chief Operating Officers work with the current occupiers of the various offices till 7th July, 2019 towards a smooth transition on 8th July 2019 when their appointments would take effect to ensure a smooth transition. However, the appointment of Mr. Farouk Garba Said (North West), who is replacing a retiring Chief Operating Officer, is effective from 28th June, 2019.

The newly appointed Chief Operating Officers are:

  1. Mr. Roland Onoriode Ewubare (South-South) – Chief Operating Officer, Upstream
  2. Engr. Mustapha Yinusa Yakubu (North Central) – Chief Operating Officer Refining and Petrochemicals
  3. Engr. Yusuf Usman (North East) – Chief Operating Officer, Gas and Power
  4. Ms. Lawrencia Nwadiabuwa Ndupu (South East), Chief Operating Officer Ventures
  5. Mr. Umar Isa Ajiya (North West) – Chief Financial Officer
  6. Engr. Adeyemi Adetunji (South West) – Chief Operating Officer, Downstream and
  7. Mr. Farouk Garba Said (North West) – Chief Operating Officer, Corporate Services.

Ughamadu stated in the release that NNPC Group Managing Director, Dr. Maikanti Baru, had congratulated the new appointees.

Mallam Kyari is a quintessential crude oil marketer with prerequisite certification and outfield pedigree in Petroleum Economics and crude oil and gas trading.

In the last 27 years he had traversed the entire value chain of the Petroleum Industry, with exceptional records of performance.

Under his watch, the Crude Oil Marketing Division has recorded noticeable transformation in the management and sales of the various Nigeria’s crude oil grades via an infusion of transparency and automation of the processes, the release by the NNPC spokesperson, stated.

Kyari would be the 19th Group Managing Director of the National Oil Company.

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