SAT JAN 04 2025-theGBJournal|Oando Plc on Friday announced the appointment of legal luminary, Mr. Ademola Akinrele, (SAN) as Chairman of the Board, effective immediately following the conclusion of the AGM on December 17, 2024.
His appointment follows the resignation of His Royal Majesty, Oba Adedotun Gbadebo, CFR, the Alake of Egbaland.
Oba Gbadebo resignation took effect immediately following the conclusion of the Annual General Meeting (AGM) held on December 17, 2024, after over 18 years on the Board, including 12 years as Chairman.
The new Chairman, Akinrele brings extensive experience and expertise to this role, having previously served as a Non-Executive Director on the Board and as Chairman of
the Governance & Nominations Committee.
With decades of distinguished service in the legal profession, he is widely recognized as a leading authority in commercial law, litigation, aviation, and maritime matters.
Mr. Akinrele holds an LL.B (Hons.) from University College London and an LL.M
from the University of Cambridge. He has also served on the boards of Agip Plc,
Danos & Curole Marine Contractors, and other notable institutions.
”His exceptional leadership abilities and capacity to foster consensus among
stakeholders position him well to lead the Board effectively. The Board is confident that, under his chairmanship, Oando Plc will build on its legacy of excellence and explore new avenues for growth,” ” Oando Plc said.
Meanwhile, the oil and gas major, equally announced the appointment of Mr. Cosmas Iwueze as an Independent Non-Executive Director, effective December 16, 2024.
Cosmas Iwueze is known as a seasoned petroleum engineer and business leader with over three decades of experience in the oil and gas industry.
Cosmas previously held leadership roles as Business Services Director for
Chevron’s Nigeria/Mid-Africa unit, General Manager of Operations, and General Manager of Asset Development and Exploration.
Notable achievements include securing third-party financing for JV projects and contributing to national petroleum policy development during a secondment to the Nigerian government.
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