SPEAKER BIOGRAPHY
Mr. Umar Ajiya Isa
Chief Financial Officer, NNPC
Mr. Umar Ajiya Isa
Chief Financial Officer, NNPC
Mr. Ajiya, a seasoned Finance and Business Management Professional with practical experience in Corporate Financing, Business Strategy and Stakeholder Management, has over 32 years’ experience in the Oil and Gas Industry, a fellow of Association of National Accountants of Nigeria (ANAN), Institute of Credit Administration (ICA) and Chartered Institute of Taxation of Nigeria (CITN).
He started his career in 1988 with Elf Petroleum (now Total) and joined later the Nigeria Liquefied Natural Gas Limited in 1991. Mr. Ajiya contributed significantly in raising finance for the NLNG Vessels and Trains as well as marketing of LNG. He rose to occupy several positions including the Head of Treasury, Finance and Marketing & Business Development. In 2012, he joined NNPC as the GM, Commercial in the LNG Division where he established LNG marketing JVs. Before his elevation to Chief Financial Officer of NNPC in July 2019, he was the Head of Corporate Planning & Strategy of the NNPC Group. He was also the MD of the Petroleum Products Marketing Company (PPMC) where he championed the transformation of PPMC from a loss making to a profitable company for the first time in its 28 years history.
As the GED F&A/CFO NNPC, Mr Ajiya championed the restructuring of the NNPC Accounts in the wake of the Petroleum Industry Bill aimed at broader reforms including the full commercialization of NNPC. This has resulted in the first declaration of profit in 2020 by the Corporation in its 44 years history.
Following the Passage of the Petroleum Industry Act (PIA) into law in August 2021, My Ajiya was appointed as the CFO and a member of the Board of NNPC Limited.
He also sits on the Boards of several subsidiaries of NNPC as well as organizations including the Federal Inland Revenue Service and NEITI. He is an advocate of Transparency, Accountability and Performance Excellence.