NIPCO PLC has approved new appointments in the company with the elevation of the former Managing Director, Mr Venkataraman Venkatapathy to the position of Group Managing Director [GMD] .
Mr Sanjay Teotia is now the Managing Director of the company while the former Executive Director, Corporate Services, Alhaji Abdulkadir Aminu is now Group Executive Director [GED], Corporate Services.
The appointments followed the successful acquisition of ExxonMobil 60% equity in Mobil Oil Nigeria Plc by NIPCO and now the majority shareholder of the company.
Mr Venkatapathy who joined NIPCO in 2009 as Head LPG was elevated to the position of Managing Director in January 2011before the recent elevation would be overseeing the entire NIPCO group consisting of NIPCO and Mobil Oil Nigeria Plc
His exposure in the hydrocarbon industry covered various areas ranging from refinery operations, LPG operations & market development, strategic management and business development etc.
A shrewd personality with numerous awards for innovations in LPG operations and marketing is currently an ex-officio member of the council of the Nigerian Gas Association [NGA], a non-profit organization promoting the progress of the gas industry.
Mr Sanjay with over 28years cognate experience in the oil and gas industry across Asia & African region with core competencies in project management, downstream /midstream/upstream operations ,human resource management etc
A graduate of Birla Institute of Technology, Bihar ,India where he obtained Bachelor of Engineering [Mechanical ]with first class honors ,Sanjay prior to joining NIPCO was the DGM Origination ,Trading &Marketing H-Energy Mumbai ,India ,a world class company in LNG and heavy crude business ;Head
Downstream Operations ,Lake Oil Limited ,Tanzania ;Vice President ,Liquid Terminals ,Adani Ports & Sez Limited etc .
Alhaji Aminu who is a civil engineer of repute and one time Chief Engineer of Adamawa State had chaired the Adamawa Task Force on petroleum products distribution through which he ensured product availability and stoppage of sharp practices at filling stations across the state.
He also served on the boards of several regulatory agencies in the petroleum sector including Petroleum Products Pricing & Regulatory Agency [PPRRA] and petroleum Equalization Fund [PEF].
Alhaji Aminu who is the Chairman of A A Mbamba Ltd, a fuel marketing company with scores of service stations in the country holds the revered chieftaincy title of Sarkin Hurmi, Adamawa in the state emirate council.