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Business News of Thursday, 13 January 2022


TotalEnergies EP Nigeria appoints new CFO

Total Energies Total Energies

TotalEnergies EP Nigeria Limited has announced the appointment of Mr Frederick Asasa as chief financial officer and member of the company’s corporate executive committee with effect from January 1, 2022.

He succeeds Mrs Tai Oshisanya, who will retire from the company at the end of March 2022, and brings to the position over three decades of extensive experience in finance, according to a statement.

The company said he joined TotalEnergies in 1999 as head of accounts and had since held several senior positions within the company in Nigeria and at its headquarters in France.

It said until his appointment, Asasa was finance controller responsible for group financial reporting activities of affiliates in the North Sea, Russia and Continental Europe at TotalEnergies EP Headquarters in Paris, France. It said,

“He had previously been seconded as finance controller at the Nigeria LNG Limited and more recently as the general manager, deepwater assets’ finance, TotalEnergies EP Nigeria Limited. First Bank appoints three new executive directorsEcobank Group appoints new group executives

“With a bachelor’s degree in Mathematics and an MBA, Mr Asasa is a Fellow, Institute of Chartered Accountants of Nigeria and Fellow of the Chartered Institute of Taxation of Nigeria.

”TotalEnergies EP Nigeria, an affiliate of TotalEnergies, has operated in the upstream sector of the Nigerian oil and gas industry for 60 years and has added over 3.6 billion barrels of oil equivalent to Nigeria’s production to date," according to the statement.