Caverton Offshore Support Group has made changes to the leadership of Caverton Helicopters Limited after losing its contract with oil and gas company, Chevron, to rival, Bristow Helicopter.
Captain Ibrahim Bello was appointed the Managing Director/Accountable Manager of Caverton Helicopters Limited, effective July 1, 2022, a statement released on Thursday disclosed.
Bello, who has over 34 years of aviation experience, joined Caverton Helicopters in 2011. Prior to his recent appointment, he headed different positions within the firm, becoming the Base Managing Pilot, overseeing Port Harcourt Shell operations in 2012.
Two years later, he became the Shell Contract Manager in August 2014, and the next year, in September, he was appointed the Director of Operations, before the company appointed him as the Managing Director of Caverton Helicopters Limited.
The company also appointed Rotimi Makanjuola as Group Chief Operating Officer (COO), while Lolade Abiola received an appointment to become the Executive Director of Training for Caverton Helicopters.
What you need to know
Prior to the changes made in the leadership level, Caverton lost one of its biggest contracts in the oil and gas industry, from Chevron, following allegations of the company not maintaining its aircraft used to airlift personnel of the contractor.
According to a source who spoke to Ripples Nigeria, Chevron had to take over the maintenance of the aircraft, as Caverton couldn’t transport its personnel offshore and onshore.
Recall that on May 11, one of Caverton’s helicopters had also crashed in Cameroon, killing all on board; two pilots and nine passengers. The company didn’t reveal the cause of the crash, but acknowledged it.
Aside from its helicopter issues, Caverton was also having challenge growing its earnings, reporting N7.95 billion as turnover, which is -2.55% below the N8.15 billion generated in the corresponding period of Q1 2021.
The company didn’t respond to Ripples Nigeria enquiry on the contract loss and maintenance issue.
Join the conversation
Support Ripples Nigeria, hold up solutions journalism
Balanced, fearless journalism driven by data comes at huge financial costs.
As a media platform, we hold leadership accountable and will not trade the right to press freedom and free speech for a piece of cake.
If you like what we do, and are ready to uphold solutions journalism, kindly donate to the Ripples Nigeria cause.
Your support would help to ensure that citizens and institutions continue to have free access to credible and reliable information for societal development.
INVESTIGATION: How roadside foods endanger consumers’ life with trans fat in northern Nigeria
With an estimated 854,000 deaths in Nigeria, and 3,229 attributed to trans fatty acids (TFA) -related cardiovascular deaths, ADESOLA IKULAJOLU visited Nigeria’s...
INVESTIGATION: Untold story of Ondo oil producing communities battling poor health system
Access to quality healthcare is one of the nightmares of communities in Ilaje local government area of Ondo State. Despite...
FEATURE: Ogun residents, waste collectors trade blames, as refuse litter environment
TIJANI ABDULKABEER, a journalist from the University of Ibadan, during a recent trip to Sango Otta, Ogun State took a look...
INVESTIGATION: How online fraudsters siphon victims’ funds through ‘SportyBet’ platform
As Nigeria transits into a cashless society, the evolution also creates opportunities for internet scammers to take advantage of unsuspecting...
SPECIAL REPORT: Enugu govt watches as waste takes over state, threatens public health, environment
In this report, Arinze Chijioke looks at how delays in evacuation of waste in Enugu State encourages indiscriminate waste disposal, its health implications, and how...