Seplat Energy names new senior independent director

LAGOS and LONDON - Seplat Energy Plc, a leading Nigerian energy firm, has appointed Mrs. Bashirat Odunewu as its new Senior Independent (LON:IOG) Non-Executive Director (SINED), effective as of last Monday. Mrs. Odunewu, who has been on the company’s board since May 18, 2022, takes over from Mr. Bello Rabiu following his transition to the board of NNPC Limited.

With a 30-year tenure in the finance and banking industry, Mrs. Odunewu brings extensive experience in corporate banking, energy, natural resources, and infrastructure. Her previous roles include significant leadership positions at First Bank (NASDAQ:FRBA) Nigeria Ltd and oversight of international banking operations in various African countries and China.

In her time with Seplat Energy, Mrs. Odunewu has actively contributed to the company through her service on several committees, including the Risk Management & HSSE Committee, Board Finance & Audit Committee, Nominations & Governance Committee, Statutory Audit Committee, and notably as the Chairman of the Energy Transition Committee. She continues to serve as the Chairman of the Board Finance and Audit Committee.

Mr. Udoma Udo Udoma, Chairman of Seplat Energy, praised the new appointment, noting, "The Board is pleased to confirm the appointment of Mrs. Odunewu as Senior Independent Non-Executive Director. This appointment reflects the high regard in which she is held and recognises the strategic insight, sound judgement and governance she consistently brings to the Board."

The appointment is part of Seplat Energy’s ongoing governance and leadership enhancements as the company navigates the evolving energy sector. This announcement is based on a press release statement issued by Seplat Energy.

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