Indigenous global oil firm, Belemaoil Producing Limited, has announced the appointment of Ahmadu H. Sambo as its new Managing Director/Chief Executive Officer and Emmanuel O. Onos as its Chief Finance Officer. The appointments aim to drive the company’s transformation and realize its shared vision.
Sambo, a former Group General Manager (GGM) of Finances at NNPC, brings over 35 years of experience in the oil and gas industry. Onos, the new CFO, has over 35 years of experience in the financial space of the oil and gas industry.
“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,” the statement reads. “The new Chief Finance Officer (CFO), Emmanuel 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.”
“The board believes strongly that the combination of Ahmadu Sambo as MD/CEO and Emmanuel Onos as CFO of Belemaoil, supported by the existing management team, will revitalize the company’s Joint Venture operations, unlock multibillion-dollar value and reposition it for a greater height that will be more beneficial to all shareholders.”
Speaking on the new appointments, Jack-Rich said: “We have no choice than 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.”
The appointments take effect from September 1, 2024. President/Founder Tein T.S. Jack-Rich will focus on strategic multi-dimensional business development, including Fintech, to foster financial inclusion and promote social good.
