4 New GEDs Appointed by Kachikwu - NNPC MD

The new Group  Managing Director, Nigerian National Petroleum Corporation, NNPC, Dr. Emmanuel Kachikwu, has announced the appointment of four new Group Executive Directors, GEDs, to run the four new Directorates that were approved by President Muhammadu Buhari.


It will be recalled that following the compulsory retirement of the former eight GEDs on August 5, the NNPC Directorates were pruned to four.

The appointments came as all the subsidiary Chief Executive Officers, CEOs, were also fired and replaced immediately. It also makes good President Buhari’s promise of complete overhaul of the corporation that has been linked with so much corruption.

The development also confirms Vanguard’s earlier report that the Strategic Business Units of subsidiaries’ CEOs were originally meant to go with the former eight GEDs, but the decision was stepped down for a later date.

In a statement from the NNPC, yesterday, Kachikwu was quoted as saying that the new appointments are in line with the Federal Government’s aspiration to transform the corporation into a lean, efficient, business-focused, transparent and accountable national oil company in keeping with international best practices.

To this end, the NNPC top management staff cadre has also been trimmed from 122 to 83, as 38 of them are to proceed on compulsory retirements.