Advisors ReportsAdvisors Reports
  • News
  • Editorial
  • Feature
  • Special Report
  • Oil & Gas
    • Upstream
    • Midstream
    • Downstream
  • Power
    • Generation
    • Distribution
    • Transmission
  • Renewables
    • Solar
    • Nuclear
    • Hydrogen
  • Extractive Industry
  • Maritime
Search
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Reading: Eterna Plc appoints Olumide Adeosun as New MD/CEO, succeeding Abiola Lawal
Share
Sign In
Notification Show More
Font ResizerAa
Advisors ReportsAdvisors Reports
Font ResizerAa
Search
  • News
  • Editorial
  • Feature
  • Special Report
  • Oil & Gas
    • Upstream
    • Midstream
    • Downstream
  • Power
    • Generation
    • Distribution
    • Transmission
  • Renewables
    • Solar
    • Nuclear
    • Hydrogen
  • Extractive Industry
  • Maritime
Have an existing account? Sign In
Follow US
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
DownstreamMidstreamNewsOil & GasSustainability

Eterna Plc appoints Olumide Adeosun as New MD/CEO, succeeding Abiola Lawal

Admin
Last updated: January 17, 2025 8:48 am
Admin
Share
4 Min Read
Mr. Olumide Adeosun, incoming Managing Director/CEO, Eterna Plc, and outgoing MD/CEO, Mr. Abiola Lawal
SHARE

… appointment to take effect February 3, 2025

Oredola Adeola

Eterna Plc, an integrated energy company, has announced the appointment of Mr. Olumide Adeosun as its new Managing Director/CEO, succeeding Mr. Abiola Lawal, whose resignation will take effect on January 31, 2025.

The Board of Directors of Eterna Plc confirmed Mr. Olumide Adeosun’s appointment in a statement released by the Company’s Secretary/Legal Adviser, David Edet, and obtained by Advisors Reports on Thursday.

According to a statement, the appointment will take effect on February 3, 2025.

The Board in the statement also commended the outgoing MD/CEO, Mr. Abiola Lawal, whose resignation from the company, becomes effective January 31, 2025, for his significant contributions and exemplary leadership during his tenure.

The Board also congratulated Mr. Adeosun on his new position and wishes him great success.

Advisors Reports gathered that prior to Adeosun’s appointment as MD/CEO of Eterna Plc, he had served as Group Executive Director of Rainoil Limited and as a Non-Executive Director of Eterna Industries Limited.

Adeosun, it would be recalled, was the immediate past Chairman of the Major Energy Marketers Association of Nigeria (MEMAN) and a passionate advocate for clean energy, serving on the advisory boards of renewable energy firms and consultancies.

Mr. Olumide Adeosun is a finance and energy expert with over 25 years of experience in the sectors.

Highlighting his career and achievements, the statement read, “Mr. Adeosun began his career as a Business Analyst under the PricewaterhouseCoopers (PwC) UK graduate program in London.

“He subsequently transitioned to BP Plc, where he held various senior roles in upstream finance, business support, and commercial operations.

“In BP’s Strategic Origination team, he played a pivotal role in developing BP’s Africa trading strategy, culminating in the establishment of BP Global West Africa Ltd in Nigeria.

“As Vice President, Commercial Development, he spearheaded initiatives that achieved a 300% growth in revenue within three years.

“In 2015, Mr. Adeosun joined PwC’s West Africa Energy Advisory team in Lagos, leading transactions that raised over $1.5 billion in infrastructure and energy investments.

“Among his achievements was overseeing the acquisition of a leading multinational midstream and downstream company.

“In 2019, he was appointed CEO of Ardova Plc, where he executed a five-year transformation strategy with a focus on LPG and renewable energy.

“He also led the successful bid for a majority stake in the Olua Field on OML 25, establishing a joint venture with other shareholders in record time.

“He is a Member of the Financial Reporting Council of Nigeria, a Fellow of the Chartered Institute of Directors, and a Member of the Society for Petroleum Engineers (SPE).

“He holds a Bachelor of Architecture degree from Woodbury University, California, and an MSc in Mathematics from Royal Holloway, University of London,” the Company’s Secretary/Legal Adviser said in the statement.

Stakeholders seek industry-wide collaboration to maximise Nigeria’s domestic gas potential
Abuja power outage: TCN blames low load allocation from GenCos
NNPC Ltd is not owing $6.8bn – Soneye responds to critics
NGA to host Nigeria Pavilion at WGC2025 in Beijing, showcasing investment-ready opportunities
Outage hits Presidential Villa, Maitama, Wuse, 6 others as vandals steal 40 meters of of 1x500mm XLPE conductor

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
[mc4wp_form]
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Copy Link Print
Share
Previous Article PENGASSAN attributes power sector woes, persistent grid collapses to incompetent leadership
Next Article FG inaugurates PISF to ensure dispute-free investments, drive policy, strengthen PIA compliance
Leave a Comment Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

- Advertisement -
Ad imageAd image

Latest News

Tinubu appoints Buhari’s former SSA as Chairman of PCNGi
Downstream Gas Midstream News Upstream
June 27, 2025
NNPC Ltd. uncovers coordinated campaign to discredit new leadership, derail ongoing reforms
Downstream Midstream News Upstream
June 27, 2025
Osagie Okunbor retires after 39-yrs of inspiring leadership, driving Shell’s deep-water, integrated gas growth
Documentary Gas Impact Local Content Midstream News Oil & Gas Special Project Upstream
June 27, 2025
Heirs Energies, Renaissance Africa commit to strategic alliance to boost Nigeria’s oil, gas sector
News
June 25, 2025
Follow US
© 2022 AdvisorsReports. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?