London, UK | – A new Managing Director has been appointed for Shell Petroleum Development Company of Nigeria Limited (SPDC), operator of the joint venture between the Nigerian National Petroleum Corporation (NNPC) and Royal Dutch Shell.
He is Osagie Okunbor, who takes over from Mutiu Sunmonu, who is retiring after 36 years of service.
Okunbor has also been named the Country Chair of Shell Companies in Nigeria, combining the two positions his predecessor also held.
Okunbor is the third Nigerian to hold both posts, after Mr. Basil Omiyi and Sunmonu.
Sunmonu assumed office as the Managing Director of SPDC in 2004, and also became Country Chair of Shell Companies in Nigeria in 2008.
A graduate of Business Administration from the University of Benin, Okunbor is an accomplished professional, who brings over 28 years of industry experience and expertise to the role.
He has worked in Nigeria, the United Kingdom, Brunei and currently The Netherlands.
His previous assignments included Vice President, Human Resources for Shell’s Upstream Business in Sub-Saharan Africa and Vice President, Infrastructure and Logistics Shell Nigeria.
He is currently Senior Advisor in Shell’s Upstream International operated business, based in The Hague, The Netherlands, from where he returns to Port Harcourt to take up his new role.
Commenting on the appointment, Vice President Nigeria and Gabon, Shell Upstream, Mr. Markus Droll, said the company was delighted to see another Nigerian at the helm of affairs in Shell Nigeria.
“Sunmonu has worked very hard over these years – managing production and setting a new agenda in dealing with communities, government and other key stakeholders. We are confident that Okunbor will consolidate and build on the progress we have made in the past years,” he said
Okunbor, who will assume office on March 1, is married and blessed with children.