Seplat Energy Appoints Udoma Udo Udoma as Board Chairman and Bello Rabiu as Senior Independent Non-Executive Director

Seplat Energy, a prominent Nigerian energy company listed on both the Nigerian Stock Exchange and the London Stock Exchange, has announced the appointment of Udoma Udo Udoma as the new Independent Non-Executive Chairman and Bello Rabiu as the new Senior Independent Non-Executive Director.

These appointments are in line with the company’s Board Succession Forward Plan and demonstrate its commitment to upholding strong corporate governance culture.

Udoma Udo Udoma, a distinguished lawyer and seasoned board administrator, will succeed Basil Omiyi, who will retire on March 31, 2024.

Udoma attended St. Catherine’s College, Oxford, England, where he obtained a B.A. (Law) degree and a B.C.L. degree in jurisprudence.

He was admitted to the Nigerian Bar in 1978 and founded the Law Firm Udo-Udoma & Belo Osagie in 1983.

Udoma has served on several large-sized company boards, including UAC Nigeria Plc and Union Bank Plc, and held key public sector appointments such as Chairman of the Corporate Affairs Commission and Minister of Budget & National Planning.

Bello Rabiu, a seasoned professional with extensive experience in the petroleum industry, holds multiple degrees and has served in various capacities at the Nigerian National Petroleum Corporation (NNPC).

Rabiu’s appointment as the new Senior Independent Non-Executive Director is effective April 1, 2024, and he will succeed Dr. Charles Okeahalam, who will retire on March 31, 2024.

These appointments come as part of Seplat Energy’s commitment to upholding strong corporate governance practices and ensuring a smooth transition of leadership.

Both Udoma Udo Udoma and Bello Rabiu are expected to play pivotal roles in guiding Seplat Energy as it continues to expand its operations and consolidate its position as a leading energy company in Nigeria and beyond.