Seplat Energy Plc has announced the decision of Dr. A.B.C. Orjiako, to step down as Chairman and from the Board of Directors of Seplat Energy Plc in May next year. Dr Orjiako notified the Board of Directors of his decision, recently.
The company also stated that in order to facilitate an orderly transition Dr Orjiako will remain as Chairman until the next Annual General Meeting in May 2022, when an Independent Chairman will take over.
Dr A.B.C. Orjiako is the co-founder and pioneer Chairman of Seplat Energy. Since 2009, as Chairman of the Seplat Energy Group, Dr. Orjiako has taken the company through a number of acquisitions and was the driving force behind Seplat Energy becoming the first and only Nigerian corporate to dual list on the Nigerian Exchange and the Main Board of the London Stock Exchange in 2014.