Stokman, MD NNPC Retail becomes MOMAN Chairman, Isong returns as CEO for second term

Oredola Adeola

The Major Oil Marketers Association of Nigeria (MOMAN) has announced Huub Stokman, the Managing Director of NNPC Retail Limited (NRL) as its new Chairman, following the conclusion of the tenure of Olumide Adeosun, Chief Executive Officer, Ardova Plc, its outgoing Chairman, and also confirmed the reappointment of Mr. Clement Isong, Executive Secretary/Chief Executive Officer of MOMAN for a second term of five years.

This was obtained by EnergyDay in a statement released and obtained from MOMAN on Friday.

According to the statement by MOMAN, Stokman, MD NNPC Retail Limited (NRL) is assuming the leadership role for the next 2 years, while Clement Isong, was reappointed ES/CEO for a second term of five years, effective September 1, 2023.

MOMAN in the statement therefore expressed gratitude to Olumide Adeosun for his dedicated service and outstanding contributions during his tenure as Chairman. His legacy will continue to inspire and guide us as we navigate the evolving energy landscape and pursue new horizons.

It said, “Under the guidance of Olumide Adeosun, MOMAN has thrived as a cornerstone of the Nigerian energy landscape, fostering growth, innovation, and collaboration within the petroleum marketing sector.
MOMAN achieved remarkable milestones during his tenure, advocating for industry excellence,
sustainability, and regulatory advancements.

“Adeosun’s visionary leadership has been instrumental in steering MOMAN through a dynamic
period marked by transformative changes in the energy sector.

“His commitment to driving operational, excellence, regulatory adherence, and community engagement has set a solid foundation for the association’s future endeavors,” MOMAN said.

The Association noted that its incoming Chairman, Huub Stokman, brings a wealth of experience to the role.

It said, “As the Managing Director of NNPC Retail Limited, he has demonstrated exceptional leadership in managing complex operations, optimizing business strategies, and fostering strategic partnerships.

“His deep understanding of the petroleum retail landscape uniquely positions him to lead MOMAN into the next phase of its journey.

“Huub Stokman’s appointment as Chairman ushers in an exciting chapter for MOMAN. His expertise,
vision, and commitment to industry excellence align seamlessly with the association’s mission to drive,
sustainable growth, advocate for regulatory advancements, and champion the interests of its members.

MOMAN emphasised that it looks forward to a seamless transition and a new era of innovation and growth under Huub Stokman’s leadership, restating its dedication to promoting the highest standards of business practices, fostering collaboration, and contributing positively to Nigeria’s energy sector and economy.