Indigenous oil firm, Belemaoil Producing Limited, has announced the appointment of Ahmadu Sambo as its new Managing Director/Chief Executive Officer.

The company also announced Mr Emmanuel Onos as its chief financial officer to drive its transformation and realise its shared vision.

In a statement, the company’s board of directors said it approved the new appointments having carefully reviewed their credentials and found them deserving of the positions.

Sambo, a former group general manager of finances at the Nigerian National Petroleum Company Limited, was said to be joining Belemaoil with over 35 years of experience in the oil and gas industry spanning public and private sectors in Nigeria and the United States of America.

He was said to have also served as the managing director of three subsidiaries of the NNPC, which include the NNPC Pension Fund, NIDAS Marine and NNPC Oilfield Services.

He was also a general manager in charge of NAPIMS Finance and Accounts and group general manager accounts for NNPC Group.

The statement reads: “The board is confident that under the leadership of the new MD/CEO, Belemaoil will derive significant benefits for its joint venture operations and shareholders.