Jonathan appoints Otti new DGMD, NNPC

Date:

By Lawrence Olaoye

President Goodluck Jonathan yesterday appointed Mr. Bernard Otti as the Deputy Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Finance and Accounts.

The President in a statement by his Special Adviser on Media and Publicity, Dr. Reuben Abati, stated that his appointment was in furtherance of ongoing efforts to transform the NNPC into a commercially-driven entity.

Otti was formerly the NNPC’s current Group Executive Director (Finance and Accounts) before his recent appointment.

He hails from Anambra State and had held senior positions in some of the largest financial institutions in Nigeria and internationally. He has also served on the boards of numerous public and private institutions, Abati stated.

READ MORE  Sowore: Adoption of IMF’s structural adjustment program destroyed Nigeria

He explained that the new office of Deputy Group Managing Director is expected to strengthen the corporate governance structure of the NNPC and help ensure value for money and that returns on investment increasingly become key factors in all operational decisions.

 

Never miss a moment! Get the stories shaping Nigeria, delivered straight to your phone. Follow Peoplesdaily Newspaper on WhatsApp for breaking news, exclusive reports, and the headlines everyone will be talking about, before anyone else.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

Popular

More like this
Related

Sultan Urges Peaceful Coexistence For National Progress 

Sultan Urges Peaceful Coexistence For National Progress  By Bashir Rabe...

Kebbi ADC Appoints Campaign Council 

Kebbi ADC Appoints Campaign Council    The Gubernatorial Candidate of the...

Kebbi Releases N2.07bn to Boost Tertiary Education, Approves Staff Allowances

Kebbi Releases N2.07bn to Boost Tertiary Education, Approves Staff...

Yobe Sets 3 Million-Tree Target in Fresh Battle Against Desertification

  From Muhammad Maitela, Damaturu The Yobe State Government has launched...