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LONDON - Savannah Energy PLC, a British independent energy company focused on Africa, announced Thursday several board changes as part of its succession planning process.
Sir Stephen O’Brien and David Clarkson have retired from the board after eight years of service, while the company plans to appoint Uyi Akpata and Kehinde Olamide Ogunwumiju as new Independent Non-Executive Directors.
Akpata, a chartered accountant with over 40 years of experience including senior leadership roles at PwC, is expected to serve as Chair of the Audit Committee. He is scheduled to join as a Board Advisor from January 1, 2026, before becoming a Non-Executive Director on July 1, 2026, following a mandatory two-year "cooling off" period after his retirement from PwC.
Ogunwumiju, the Managing Partner at Afe Babalola & Co law firm and one of the youngest Senior Advocates of Nigeria ever appointed, is expected to join the board effective January 1, 2026.
Joseph Pagop Noupoué, Chairman of Savannah, stated that both retiring directors have agreed to take on consultancy roles, allowing the company to continue benefiting from their experience.
Separately, Savannah announced it expects to publish its 2024 Annual Report and Accounts and Half Year Results for the six months ended June 30, 2025, during the week of October 13, 2025. The company will also release a trading update for the nine months ended September 30, 2025.
Trading in Savannah’s shares will remain suspended until these financial reports are published, in accordance with AIM Rules 18 and 19.
The information was provided in a press release issued by the company.
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