Seplat appoints Tony Elumelu as chairman

Seplat Energy Plc has appointed Effiong Okon as chief executive officer, effective August 1, while Tony Elumelu will become chairman, effective January 1, 2027.
The company disclosed the appointments in a corporate filing submitted to the Nigerian Exchange Ltd.
It said the leadership changes were aimed at supporting growth ambitions while ensuring continuity in strategy and corporate governance.
According to the statement, the current CEO, Roger Brown, will retire on July 31 after 13 years with the company.
Mr Brown served six years as the CEO after joining Seplat Energy as chief financial officer in 2013.
The company said Mr Brown played a key role in Seplat Energy’s dual listing in 2014 and major acquisitions.
These included Eland Oil and Gas in 2019 and Mobil Producing Nigeria Unlimited in 2024.
It said Mr Brown’s leadership transformed Seplat Energy into one of Africa’s leading independent energy companies.
The company attributed this growth to strong financial discipline, asset development and strategic acquisitions.
The board appointed Mr Okon, managing director of ANOH Gas Processing Company, as Mr Brown’s successor.
Mr Okon has more than 35 years of experience in the global energy industry. He joined Seplat Energy in 2018 as operations director, then served as director of new energy.
Most recently, he led the ANOH gas processing project, achieving first gas production in January 2026.
Before joining Seplat Energy, Mr Okon spent more than 26 years with Royal Dutch Shell. He held several senior operational and technical positions across Africa, Europe, the Middle East and the United States.
The company also announced that chairman Udoma Udo Udoma will retire on December 31. Mr Udoma joined the board in 2023 and became the independent chairman in 2024.
He oversaw the successful integration of MPNU and the development of Seplat Energy’s 2030 strategic roadmap. To succeed him, the board elected Mr Elumelu, founder and chairman of Heirs Holdings.
His appointment as chairman takes effect from January 1, 2027. Mr Elumelu joined Seplat Energy’s board in January this year. His investment company, Heirs Holdings, holds a 20.07 per cent stake in Seplat Energy.
Mr Brown said the company remained a strong and reliable partner to the government. He added that Seplat Energy was well-positioned to support Nigeria’s ambitious growth targets.
Mr Okon described his appointment as coming at an important stage in the company’s development, while Mr Elumelu said he was honoured to succeed Mr Udoma as chairman in January 2027.
He said he looked forward to leading the board through Seplat Energy’s next phase of growth.
(NAN)
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette

Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”

Heading 5
Police probe Osun shootings, urge residents to remain calm
Mr Ojelabi added that those injured in the incidents had been evacuated by the police to medical facilities for treatment.

Education
Pharmaceutical firm mobilises secondary, university students against malaria
Mr Iloabanafor said the initiative had already generated interest among students nationwide.

Lagos
FCCPC shuts CASCO Electronics over consumer complaints, failure to honour invitations
Mrs Otti said the premises would remain sealed until the commission was satisfied that the alleged breach had been remedied.

Faith
Nigerians tired of Tinubu’s condolences; terrorists, bandits taking over: Sharia Council
The council stated that over 1,000 Nigerians were reportedly abducted in the North during the first quarter of 2026 alone.

World
Iran decries U.S. military aggression after downing America’s Apache helicopter
The ministry said it was in response to the blatant violation of Iran’s national sovereignty and territorial integrity.

Agriculture
FG seeks stronger stakeholder participation in agro-processing zones
Mr Ogunbiyi described SAPZ as a strategic agribusiness model designed to support Nigeria’s economic diversification agenda through agriculture.





