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Seplat appoints Basil Omiyi as independent Non-Executive Chairman
Basil Omiyi has been appointed as the Independent Non-Executive Chairman of Seplat Energy, following the retirement of ABC Orjiako from the company. He joins CNBC Africa from the floor of the Stock Exchange with Temi Popoola, CEO of the Nigerian Exchange Limited.
Thu, 19 May 2022 14:20:43 GMT
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AI Generated Summary
- Seplat Energy appoints Basil Omiyi as the new Independent Non-Executive Chairman, signaling a new chapter in the company's development.
- The company aims to become the largest indigenous gas producer in Nigeria and play a vital role in the country's power production.
- Emphasis on good corporate governance, sustainability, and community engagement reflects Seplat's commitment to responsible business practices.
Seplat Energy, a leading indigenous oil and gas company in Nigeria, has recently appointed Basil Omiyi as the new Independent Non-Executive Chairman. This appointment comes as the company continues to expand its operations and solidify its position in the market. Omiyi expressed pride in being elected as the new chairman and highlighted the significant progress Seplat has made in recent years. He emphasized the company's focus on becoming the largest indigenous gas producer in Nigeria, with plans to contribute significantly to the country's power production. In addition to acquiring major assets and making strategic investments, Seplat is also prioritizing sustainability and the transition to renewable energy. Omiyi underscored the importance of good corporate governance and sustainability practices in attracting investors and driving long-term growth. The company's commitment to environmental responsibility and community engagement was also emphasized, reflecting a holistic approach to business development. Omiyi's extensive experience and strategic vision are expected to guide Seplat towards a future of innovation, efficiency, and continued success.
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