Seplat Energy has announced a significant leadership transition, appointing Tony Elumelu as Chairman of the Board while naming Effiong Okon as the company’s new Chief Executive Officer (CEO).
The appointments mark a new chapter for the indigenous energy company as it seeks to strengthen its corporate governance framework and drive the next phase of growth across its operations in Nigeria and beyond.
Elumelu, a renowned businessman and investor with extensive experience in the energy and financial sectors, is expected to provide strategic oversight and leadership at the board level. His appointment is seen as a move that could further enhance Seplat Energy’s long-term vision and stakeholder engagement.
Meanwhile, Okon assumes the role of CEO with responsibility for the company’s day-to-day operations, business expansion initiatives, and execution of strategic objectives. Industry observers say his experience within the energy sector positions him to lead Seplat through evolving market dynamics and emerging opportunities.
The leadership changes come at a critical period for the company as it continues to focus on increasing production, expanding its asset portfolio, and strengthening its position as one of Africa’s leading energy firms.
Seplat Energy said the appointments reflect its commitment to strong leadership, operational excellence, and sustainable value creation for shareholders and other stakeholders.
