Seplat Energy PLC Appointment of Three Directors on the Board (0685J)
22 Abril 2022 - 7:13AM
UK Regulatory
TIDMSEPL
RNS Number : 0685J
Seplat Energy PLC
22 April 2022
Seplat Energy Plc ("Seplat Energy" or the "Company")
Corporate Announcement on the Appointment of Three Directors on
the Board of Seplat Energy Plc
Lagos and London - 22(nd) April 2022: The Board of Directors of
Seplat Energy Plc today announces the appointment of Mrs. Bashirat
Odunewu as an Independent Non-Executive Director of the Company,
Mr. Kazeem Raimi as a Non-Executive Director and Mr. Ernest Ebi as
a Non-Executive Director. The three appointees will be joining the
Seplat Board with effect from 18(th) May 2022.
Mrs. Bashirat Odunewu (Independent Non- Executive Director) is a
Banking and financial expert with about 30 years' experience in the
Finance and Banking Industry. Up till June 2021, she served as
C-Suite executive, corporate banking (Energy, Natural Resources
& Infrastructure), at First Bank Nigeria Ltd, prior to which
she was the line executive for their international banking group
where she supervised CEOs of the subsidiaries of First Bank in 6
African countries as well as the Bank's Representative office in
China and served as a board member for several of them. She is a
business development veteran, well versed in business strategy with
over 10 years hands-on experience at C-suite Executive Management
level, an alumnus of Imperial College (University of London) and
University of Manchester. Bashirat is a Chartered accountant (FCA)
and a certified member of the Chartered Institute of Arbitrators-UK
(MCIArb). She is also a member of various reputable professional
associations including the Chartered Institute of Bankers Nigeria
(CIBN) and Institute of Directors (IoD). Bashirat currently serves
as an INED on the board of Leadway Holdings and Non-Executive
Director (NED) on the Boards of some African Subsidiary Banks of
First Bank Nigeria.
She is an Independent NED on the Board of Neimeth International
Pharmaceuticals Plc (an NGX quoted company) and is also a member of
the Board of Directors for the Franco-Nigeria Chamber of Commerce
and Industry where she serves as the Treasurer.
Mrs. Odunewu has experience spanning audit/accounting, corporate
& commercial banking, Investment banking and treasury in
various financial institutions. She has specialized in Oil and Gas
financing projects and led notable successful syndications for
acquisitions and development. She has been the recipient of several
Merit Awards in the organizations she has worked in recognition of
her stellar performance. Mrs. Odunewu is passionate about
supporting younger ones towards fulfilling their aspirations and is
a mentor/sponsor to many in this regard.
Mr. Kazeem Raimi (Non-Executive Director) is a nominee of
Platform Petroleum Limited replacing Mr. Austin Avuru who stepped
down from the Board of Seplat Energy on 1(st) March 2022. Mr. Raimi
is presently the Executive Director, Commercial for Platform
Petroleum Limited. Previously with Seplat Energy as General
Manager, Commercial, Mr. Raimi was charged with the responsibility
for driving commercial, economics, valuation, planning and treasury
activities across the entire organisation. He also served
previously as Manager, Corporate Planning and Economics at Seplat
Energy.
Mr. Raimi has extensive experience in project economics and risk
analysis having been Lead Petroleum Economics and Commercial
Advisor at Addax Petroleum Nigeria where he also served in
different capacities. Prior to this, Mr. Raimi served as Treasury
Manager at Cadbury Nigeria Plc and Finance Analyst at Citibank
Nigeria Limited. He had significant involvement in commercial and
economic evaluations of new ventures, farm-in and company
acquisition opportunities with a thorough appreciation of tax,
fiscal issues and project economics especially as they relate to
Nigeria, Gabon, Iraq and Cameroon. In addition to his role at
Platform Petroleum Limited, Mr. Raimi also serves as a Non -
Executive Director at PNG Gas Limited and Ase River Transport
Company Limited.
Mr. Raimi holds a First-Class Honors in Economics from the
University of Ibadan, an Msc in Oil and Gas Economics from the
University of Dundee and has undertaken several courses in Harvard
Business School.
Mr. Ernest Ebi (Non-Executive Director) is a nominee of Shebah
Petroleum Development Company Limited (BVI) replacing Dr. A.B.C
Orjiako who will step down from the Board of Seplat Energy on
18(th) May 2022 after the Annual General Meeting. Mr. Ebi is an
executive whose vast experience in the banking and finance industry
spans over four (4) decades. From June 1999 to June 2009, he was
appointed as a Deputy Governor at the Central Bank of Nigeria,
Nigeria's apex bank, where he covered policy and corporate services
portfolios. Prior to this, Mr. Ebi held several executive positions
in the banking industry in Nigeria and the United States of
America. He was the Deputy Managing Director in Diamond Bank Ltd
where he led the bank's financial services marketing strategy &
initiatives for new business development amongst others. In 1995,
he was appointed by the Central Bank of Nigeria and the Nigeria
Deposit Insurance Corporation as the Managing Director & CEO of
New Nigerian Bank Plc. During his time at New Nigerian Bank Plc.,
he was responsible for the development and implementation of a
credible turn-around plan for the bank and contributed
significantly to the recovery of a huge portfolio of non-performing
risk assets. Mr. Ebi has also held senior positions at the
International Merchant Bank, as the Assistant General Manager
(credit & marketing department) and Assistant. General Manager
(Loan Review & Audit).
Mr. Ebi served as the Board Chairman of Fidelity Bank Plc (2016
- 2020) and AIICO Pension Managers (2010-2021) and currently serves
as an Independent Director on the Board of Dangote Cement Plc.,
Julius Berger Nigeria Plc., Coronation Capital Ltd, and Coronation
Asset Management Ltd.
Mr. Ebi is also a Fellow, Chartered Institute of Bankers, FCIB
and Fellow, Institute of Directors Nigeria (F.IOD). Mr Ebi has a
very distinguished career within the Banking and financial services
industry and has undertaken several leadership courses in Harvard
Business School and Oxford Said Business School. He was awarded the
National Honour of Member of the Order of the Federal Republic
(MFR) by the Federal Government of Nigeria in 2007 in recognition
of his meritorious service
Commenting on the appointments, Dr. A. B. C. Orjiako, Chairman
of SEPLAT Energy said:
"The Board of SEPLAT Energy is pleased to welcome Mrs. Bashirat
Odunewu, Mr. Kazeem Raimi and Mr. Ernest Ebi. They are excellent
professionals with their wealth of experience spanning over
decades. SEPLAT Energy eagerly looks forward to the enormous
contributions they will make towards achieving global success."
- ENDS -
For: Seplat Energy Plc
MRS. EDITH ONWUCHEKWA
Director Legal/Company Secretary
Enquiries:
Seplat Energy Plc
Emeka Onwuka, Chief Financial Officer
Chioma Nwachuku, Director External Affairs and Sustainability
Edith Onwuchekwa, Director Legal/Company Secretary
Carl Franklin, Head of Investor Relations
FTI Consulting Ben Brewerton / Christopher Laing +44 (0)
203 727 1000 seplat@fticonsulting.com
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