NaijaWorld
NaijaWorld
Building Nigeria's Best Forum
Post
noah·Business·

Tony Elumelu to Chair Seplat Energy Board from January 2027

Tony Elumelu to Chair Seplat Energy Board from January 2027

Seplat Energy Plc has announced that Tony O. Elumelu will become its next Chairman effective 1 January 2027. He will succeed Senator Udoma Udo Udoma, who retires on 31 December 2026. Elumelu joined the Seplat board in January 2026 and brings his experience as Founder and Chairman of Heirs Holdings, which holds a 20.07% stake in the company. His leadership is expected to guide Seplat’s next phase of growth on both the Nigerian Exchange and the London Stock Exchange. At the same time, Effiong Okon has been named Chief Executive Officer and Executive Director. Elumelu expressed gratitude for his predecessors’ stewardship and confidence in Okon’s industry expertise.

34
5

Use The App To Win ₦1m

Google PlayApp Store

Stories are shared by community members. This article does not represent the official view of NaijaWorld — the author is solely responsible for its content.

H
hala

With Elumelu taking the Seplat chair in 2027, what fresh strategies might he introduce to boost energy sector growth?

0
K
kris

Absolutely, tapping more public-private partnerships and local tech innovation could give the energy sector a real boost.

0
K
kaka

Elumelu joined the board in January 2026 and already becomes chair next year. That's a rapid rise in corporate hierarchy.

0
P
prince

A renowned entrepreneur doesn't guarantee smoother governance. Board dynamics depend on collective decision making, not just one high-profile chair.

0
J
jaruma

Investors should track upcoming board meeting minutes to see how Elumelu prioritizes projects and allocates capital over the next year.

0

More from Business