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Elumelu to Succeed Udoma as Seplat Energy Chairman in 2027

Nigerian businessman and investor, Tony Elumelu, has expressed appreciation for his appointment as the incoming Chairman of Seplat Energy, saying he is honoured to succeed Senator Udoma Udo Udoma when the transition takes effect in January 2027.

In a statement, Elumelu said he looked forward to leading the company’s board through its next phase of growth, emphasizing the importance of indigenous resources in driving economic transformation across Nigeria and the African continent.

He noted that Seplat Energy’s culture of strong execution and corporate governance aligns with his personal values and leadership philosophy.

Elumelu also commended the outgoing leadership of the company, thanking Senator Udoma and Roger Brown for their stewardship and contributions to the growth of the energy firm.

The incoming chairman expressed confidence in the future of the company, stating that Seplat remains well-positioned to expand its operations and deliver greater value to shareholders.

He further congratulated Mr. Okon on his appointment as Chief Executive Officer, describing him as an experienced industry professional capable of leading the company into its next chapter of growth.

According to Elumelu, Okon’s extensive experience in the energy sector provides assurance that the company is equipped to build on its achievements and capitalize on emerging opportunities in the industry.

The leadership transition forms part of Seplat Energy’s succession plans as the company seeks to strengthen its position as one of Africa’s leading indigenous energy producers.

News Xposure

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