{"id":53962,"date":"2021-11-17T23:55:21","date_gmt":"2021-11-17T22:55:21","guid":{"rendered":"https:\/\/nationalwire.com.ng\/?p=53962"},"modified":"2021-11-17T23:55:21","modified_gmt":"2021-11-17T22:55:21","slug":"orjiako-step-down-as-chairman-seplat-energy-plc","status":"publish","type":"post","link":"https:\/\/nationalwire.com.ng\/sub\/orjiako-step-down-as-chairman-seplat-energy-plc\/","title":{"rendered":"Orjiako Step Down As Chairman Seplat Energy Plc"},"content":{"rendered":"

Seplat Energy Plc announces the decision of its Chairman, Dr. A.B.C. Orjiako to step down as Chairman and from the Board of Directors of Seplat Energy Plc. <\/span><\/p>\n

Dr Orjiako notified the Board of Directors of his decision today, November 17, 2021.\u00a0 In order to facilitate an orderly transition Dr Orjiako will remain as Chairman until the next Annual General Meeting in May 2022, when an Independent Chairperson will take over.<\/span><\/p>\n

Dr A.B.C. Orjiako is the co-founder and pioneer of Seplat Energy. Since 2009, as Chairman of the Seplat Energy Group, Dr. Orjiako has taken the Company through a number of acquisitions and was the driving force behind Seplat Energy becoming the first and only Nigerian corporate to dual list on the Nigerian Stock Exchange and the Main Board of the London Stock Exchange in 2014.\u00a0<\/span><\/p>\n

The Board of Seplat Energy thanked its Chairman for his strategic vision, drive and limitless energy to create Nigeria\u2019s leading indigenous independent energy company.<\/span><\/p>\n

Dr. A.B.C. Orjiako, Chairman of Seplat Energy plc, commented: \u201cThe past twelve years at Seplat Energy have been exhilarating for me.\u00a0\u00a0As Chairman, I am proud that the Board, Management and entire Staff of Seplat Energy were able to achieve several enviable milestones and exceptional successes, notably the acquisition of eight oil and gas assets, expansion of the Oben and development of the ANOH gas plants and the dual listing on both the Nigerian and London Stock Exchanges – a first by a Nigerian company\u201d.<\/span><\/p>

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\u201cWhile there were challenges along the way, we overcame these by the special grace of God, the outstanding performance and professionalism of each member of the Board and Management, and the sterling efforts of our staff.\u00a0\u00a0I will continue to give my utmost energy and commitment to the Company until I step down from the Board at the next AGM,\u201d he said.<\/span><\/p>\n

\u00a0Mr. Basil Omiyi, a Senior Independent Director of Seplat Energy plc, commented: \u201cOn behalf of all members of the Board, I would like to thank Dr A.B.C. Orjiako for his immense contribution as a co-founder and Chair of Seplat Energy since inception.\u201d\u00a0<\/span><\/p>\n

\u201cHe has been Chairman during both exciting and challenging times, and his dedication has been constant throughout.\u00a0\u00a0The Board and Management look forward to working with him during the transition period and we will miss his insight, expertise and leadership when he finally steps down in May,\u201d Omiyi said.<\/span><\/p>\n

The Seplat Energy Chairman\u2019s decision to step down and be replaced by an Independent Chairperson is a testament to the strong corporate governance and best practices he instilled in the Board.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Seplat Energy Plc announces the decision of its Chairman, Dr. A.B.C. Orjiako to step down as Chairman and from the Board of Directors of Seplat Energy Plc.<\/p>\n","protected":false},"author":6,"featured_media":48490,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[23,17],"tags":[9216,8958],"coauthors":[2391],"class_list":["post-53962","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-business","category-news","tag-a-b-c-orjiako","tag-seplat-energy-plc"],"yoast_head":"\nOrjiako Step Down As Chairman Seplat Energy Plc - National Wire<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nationalwire.com.ng\/sub\/orjiako-step-down-as-chairman-seplat-energy-plc\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Orjiako Step Down As Chairman Seplat Energy Plc - National Wire\" \/>\n<meta property=\"og:description\" content=\"Seplat Energy Plc announces the decision of its Chairman, Dr. A.B.C. 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