28 October 2014, Abuja – In a determined effort at repositioning the Nigerian National Petroleum Corporation (NNPC) into a commercially driven entity, President Goodluck Jonathan Tuesday approved the creation of a new office of Deputy Group Managing Director of the corporation to be headed by Mr. Bernard O.N. Otti.
Otti is the NNPC’s current Group Executive Director (Finance and Accounts).
Otti hails from Anambra State and has held senior positions in some of the largest financial institutions in Nigeria and internationally
A statement by Jonathan’s spokesman, Dr. Reuben Abati, said Otti had also served on the boards of numerous public and private institutions.
The new office of Deputy Group Managing Director is expected to strengthen the corporate governance structure of the NNPC.
The office is also to help in ensuring that value for money and return on investment increasingly become key factors in all operational decisions
– This Day