President Muhammadu Buhari has approved the appointment of Emmanuel Ibe Kachikwu as the new Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC). The Executive Vice Chairman of ExxonMobil Africa is expected to take over from Joseph Darwa at the NNPC headquarters in Abuja today.
Mr Kachikwu who hails from Delta state is a distinction graduate of Law from the University of Nigeria Nsukka and Nigerian Law School. He has worked as an Investment Attorney in USA,
as General Counsel with Texaco Upstream and Downstream in Nigeria. He was also General Counsel for ExxonMobil Nigeria affiliate Upstream and Downstream Companies in Nigeria and Executive Vice Chairman of Mobil Producing Nigeria Unlimited.
While he may have gained years of experience working as a lawyer, he has also tried his hands on business. Mr Kachikwu is the CEO and Chairman of his own Companies in consultancy and Publishing, Downstream Petroleum, and Law Practice. He is the author of “Nigerian foreign investment law and policy” and “Cocaine connection,” who has also lectured in various tertiary institutions around the world to include Harvard University.
The new Group Managing Director (GMD) will be tasked with developing a sustainable vision for the state owned corporation. This will go a long way in ensuring that the company is rid of any further allegations of corruption and mismanagement of finances.