Seplat Energy Announces Retirement Of 2 Directors, Picks 2 New Directors

9th July 2021: The Board of Directors and Management of Seplat Energy Plc has announced that Mr Damian Dodo, SAN, and Lord Mark Malloch-Brown, both Independent Non-Executive Directors (INED), retired from the Board of the Company.

Mr Dodo, SAN was appointed to the Board in March 2014 while Lord Malloch-Brown was appointed in February 2014. For the past seven years, both Directors diligently served the Board and made significant contributions towards the growth of the Company during their tenure.

Speaking on the retirement of the Directors, the Chairman of the Board said that “Seplat Energy was very privileged to have had such seasoned intellectuals who made significant contributions to the growth of the Company. We remain grateful to Mr Dodo, SAN and Lord Malloch-Brown for sharing their wealth of knowledge and vast experiences with the Board and the Company and we wish them the best in their future endeavours”.

In addition, the Board of Directors and Management of Seplat Energy Plc is delighted to announce the appointment of Prof. Fabian Ajogwu and Mr Bello Rabiu as Independent Non-Executive Directors of the Company, joining the Seplat Board with effect from today.

Seplat Energy Announces Retirement Of 2 Directors, Picks 2 New Directors

Prof. Fabian Ajogwu is a Senior Advocate of Nigeria and Lagos Business School Professor of Corporate Governance. He is an Alumnus of the Said Business School of Oxford University, and an Alumnus of the Lagos Business School. Professor Ajogwu holds a doctorate in Law from the University of Aberdeen, Scotland; an MBA from the IESE Business School, University of Navarra, Barcelona; and Law degrees from the University of Nigeria, and the University of Lagos.

He chaired the Nigerian Communications Commission Committee on Corporate Governance between 2013 and 2014 that produced the pioneer NCC Code of Corporate Governance for the Telecommunication sector. He served on the Financial Reporting Council of Nigeria Committee on the 2018 National Code of Corporate Governance. He chairs the Body of Senior Advocates of Nigeria Committee on Continuing Legal Education.