Uganda National Oil Company (UNOC) has appointed Ms Proscovia Nabbanja as the acting Chief Executive Officer (CEO). She replaces Dr Josephine Wapakabulo who resigned in May this year.
“The Board has announced Ms Proscovia Nabbanja as our new acting Chief Executive officer (CEO),” Mr Ibrahim Kasita, the UNOC spokesperson told the xpresstimes online corespondent last evening
Ms Nabbanja is a geologist who has worked in the oil and gas industry for at least 19 years.
For the last three years, she has been the Chief Operating Officer in charge of the upstream sector at UNOC.
Ms Nabbanja formerly served as a Principal Geologist in the Petroleum Exploration & Production Department in the Ministry of Energy and Mineral Development.
She headed the Technical Division and was at the forefront of reviews of technical proposals especially field development plans and petroleum reservoir reports.
UNOC’s role is to handle the Uganda government’s commercial interests in the petroleum sector and to ensure that the resource is exploited in a sustainable manner. UNOC also aims at increasing participation of Ugandans in the oil and gas sector through employment and provision of goods and services.
In a message on the website, she promises to help the company play “across the petroleum value-chain and plans to grow into an oil and gas entity with both local and international presence.”
Nabbanja holds a Bachelor of Science (chemistry, geology) from Makerere University and a Master of Science in petroleum geoscience from Imperial College of Science Technology and Medicine, London. She also has an MBA from the same college.
She is expected to drive the company into profitable ventures for the country in the sector. Meanwhile, Wapakabulo resigned on May 13, 2019, citing personal reasons for leaving just three years after she took on the mantle.
In a tribute short video posted online on Monday evening by UNOC, the company’s chairman board Emmanuel Katongole said she has been a “terrific leader.”
Her replacement comes at a critical time when the country is expected to finalise the Final Investment Decision (FID) that will see the actual commencement of big projects, including the oil pipeline and the refinery.