BEVERLY HILLS, March 11, (THEWILL) – The management of Nigerian National Petroleum Corporation (NNPC) is poised to effect a major shake-up that will take effect this week in order to ensure that the corporation delivers on its core mandates.
A major feature of the shake-up is that more women will get opportunities to head top and sensitive positions.
THEWILL has independently confirmed that the shakeup would affect mainly Chief Operating Officers, Group General Managers and Managing Directors of subsidiaries with indications that the current Chief Operating Officer, Upstream, Roland Ewubare, would move to Ventures and Business Development while the COO Downstream, Adeyemi Adetunji, would move to Upstream.
The development was first reported by The Whistler.
Prior to his promotion as COO, Upstream, Ewubare was the Group General Manager, NAPIMS between August 2017 and July 2019. He was also the Managing Director, Integrated Data Services Limited, an NNPC subsidiary, from August 2015 to August 2017.
Ewubare, in the new position, is to get an additional responsibility of business development, besides managing the group’s ventures and would have the onerous task of laying the groundwork for the corporation to take up new business opportunities.
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The shakeup will also see the Managing Director, Petroleum Products Marketing Company, Bala Wunti, moved to the National Petroleum Investment Management Services (NAPIMS) as Group General Manager while the current GGM, NAPIMS, Musa Lawal, will become MD of PPMC and current COO, Ventures, Lawrencia Ndupu, would become COO, Downstream.
Wunti, who was the Group General Manager, Corporate Planning and Strategy, before being posted to the PPMC, led the Economic Management Team (EMT) that formed the Technical Committee for the review and amendment of the 1993 Deep Offshore Act (currently before NASS), to improve government’s take from Production Sharing Contracts.
