In furtherance of ongoing efforts to transform the Nigerian
National Petroleum Corporation (NNPC) into a commercially-driven entity,
President Goodluck Ebele Jonathan has approved the creation of a new office of
Deputy Group Managing Director of the corporation.
President Jonathan has also
approved the appointment of Mr. Bernard O.N. Otti, the NNPC's current Group
Executive Director (Finance and Accounts) as the new Deputy Group Managing
Director/Group Executive Director (Finance and Accounts) of the corporation. Mr
Otti hails from Anambra State.
He has held senior positions in some of the
largest financial institutions in Nigeria and internationally, and has also
served on the boards of numerous public and private institutions.
The new
office of Deputy Group Managing Director is expected to strengthen the
corporate governance structure of the NNPC and help ensure that value for money
and return on investment increasingly become key factors in all operational
decisions.
Reuben Abati
Special Adviser to the President
(Media &
Publicity)
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