Indigenous oil firm, Belemaoil Producing Limited, has appointed Ahmadu Sambo as its new Managing Director/Chief Executive Officer (MD/CEO) and Emmanuel Onos as its Chief Financial Officer (CFO). The duo brings a wealth of experience in the oil and gas industry, both in Nigeria and internationally.
Sambo, a former Group General Manager of Finances at the Nigerian National Petroleum Company Limited (NNPC), joins Belemaoil with over 35 years of experience. He has held leadership positions in various NNPC subsidiaries, including the NNPC Pension Fund, NIDAS Marine, and NNPC Oilfield Services.
Onos, with his 35+ years of experience in the financial sector of the oil and gas industry, is also expected to make significant contributions to Belemaoil’s transformation.
The board of directors at Belemaoil expressed confidence in the new leadership team, believing that their combined expertise will revitalize the company’s joint venture operations, unlock substantial value, and position Belemaoil for greater success.
Belemaoil’s President/Founder, Tein Jack-Rich, announced that he would now focus on strategic multi-dimensional business development, including exploring opportunities in the Fintech space and strategic partnerships with communities. Jack-Rich expressed his belief in the new appointees’ ability to lead Belemaoil to become a leading indigenous oil and gas explorer and producer, with plans to list on the Nigerian Stock Exchange, London Stock Exchange, and New York Stock Exchange.
With a proven gas reserve of over 1.2 trillion, Belemaoil is poised for increased profitability under the leadership of its new CEO and CFO.
