The gale of retirement at the Nigerian National Petroleum Company Limited, NNPCL, has further swept off some management staff members who have less than 15 months to their retirement.
The top management staff members, according to a report by PSN, were being retired compulsorily, and would be exiting the company effective Tuesday, September 19, 2023.
All officers of M6-M3 with fifteen months or less to their retirement have been asked to go with effect from 19th September.
On September 17, three Executive Vice-Presidents of the company, who were due for retirement in 2024 were reportedly retired.
The affected Executive Vice-Presidents were Abdulkabir Ahmed (Gas, Power and New Energies), Engr. Adokiye Tombomieye (Upstream) and Adeyemi Adetunji (Downstream).
The following were named as replacements — Olalekan Ogunleye (EVP Gas, Power and New Energies), who took over from Ahmed who had served the company in various capacity before the retirement.
Oritsemeyiwa Eyesan, who until his new appointment was the Chief Strategy and Sustainability Officer, is now in charge of Upstream while Adedapo Segun is the Executive Vice-President, Downstream.
Sources close to NNPCL said the wave of sack, particularly of those in the management cadre, was in line with its pursuit of what they called effective organizational renewal to support the delivery of its strategic business objectives.
“This strategic business objectives have made it imperative for the company to rejuvenate its workforce.
“It is also to scale up the company’s capabilities through targeted talent management and equal opportunity for all Nigerians” the source said.
The new appointments will also enable the NNPCL to establish continuity of leadership in critical businesses; and, uplift younger people to positions of authority; inclusion of women into business leadership and shrink the organization to nimble size and effectiveness also informed the retirement.
NNPCL.
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