Renowned entrepreneur and philanthropist, Tony Elumelu, has been appointed as the incoming chairman of the board of Seplat Energy, with his tenure set to begin in January 2027.
In a post shared on X on Tuesday, Elumelu expressed appreciation for the opportunity to succeed Senator Udoma Udo Udoma as board chairman, noting that he will take over the position at the start of 2027. He said he looks forward to guiding Seplat Energy into its next phase of expansion and strengthening its governance and growth strategy.
He emphasised his belief in the importance of indigenous resources in driving economic transformation across Nigeria and Africa. He also noted that the company’s operational discipline and governance culture align with his own leadership values, while acknowledging the contributions of Senator Udoma and Roger for their stewardship.
Elumelu further congratulated Mr. Okon on his appointment as Chief Executive Officer, expressing confidence that his industry experience would support the company’s next stage of development and long-term growth.
The statement reads, “I am honoured to succeed Senator Udoma as Chairman in January 2027 and to lead the Board through@SeplatEnergy’s next phase of growth.
“I firmly believe in the critical role indigenous resources play in the economic transformation of Nigeria and Africa, and Seplat’s culture of execution and governance aligns strongly with my own values.
“I thank Senator Udoma and Roger for their stewardship and look forward to delivering further value for shareholders.
“I also congratulate Mr. Okon on his appointment as Chief Executive Officer. His deep industry experience gives me great confidence that@SeplatEnergy is well positioned for its next chapter of growth.”
The development comes months after Seplat Energy earlier announced the appointment of Tony Elumelu as a Non-Executive Director.
Credit: Premium Times