Belemaoil Producing Limited has announced the appointment of Ahmadu Sambo as its new Managing Director and Chief Executive Officer, as well as Emmanuel Onos as its new Chief Finance Officer (CFO).

According to the firm, the appointments effective from Sept 1, 2024, are aimed at driving the company’s transformation, realising its shared vision and revitalising its Joint Ventures (JVs) operations.

The announcement was made in a statement, where the company’s board of directors noted that the new appointments were approved after a careful review of the candidates’ credentials, deeming them well-deserving of the positions.

Sambo served as the former Group General Manager (GGM) of Finances at the Nigerian National Petroleum Company (NNPC) and brings over 35 years of experience in the oil and gas industry, spanning both the public and private sectors in Nigeria and the USA.

Similarly, Onos also comes on board with over 35 years of experience in the financial space of the oil and gas industry at the managerial level in both local and international scenes.

Speaking on the new appointments, President and Founder of Belemaoil, Tein Jack-Rich, said that he believes in the new appointees’ enormous business management ingenuity as well as ability to steer the ship of the firm to become the first truly indigenous oil and gas explorer and producer, which emerged from an oil producing community in the Niger Delta, to be launched in the Nigerian Stock Exchange Market as well as  London and the New York Stock Exchange with overwhelming stock growth.

“We have no choice but to dream big and break new business boundaries beyond our eyes for shareholders. I know our critics will say that this task is herculean. And I know you can deliver for yourself, for Nigeria’s sake, our investors, as well as the community that sees Belemaoil as its model,” he said.