Seplat Energy PLC has unveiled a planned leadership transition designed to ensure continuity while supporting the company’s ambitious growth strategy.
Mr. Tony O. Elumelu, CFR, Founder and Chairman of Heirs Holdings (which holds a 20.07% stake in Seplat Energy), has been elected as the next Chairman, effective 1 January 2027. Elumelu, who joined the Seplat Board in January 2026, brings extensive experience in value creation across African sectors including energy, banking, and healthcare, along with a strong reputation in philanthropy and governance.
Chairman Senator Udoma Udo Udoma, CON, will retire on 31 December 2026. Senator Udoma joined the Board in December 2023 and became Independent Chairman in April 2024, playing a key role in the integration of MPNU and the development of the company’s Roadmap 2030.
Chief Executive Officer Roger Brown will also retire as CEO and Board Director on 31 July 2026 after 13 years with the company. Brown, who initially joined as Chief Financial Officer ahead of Seplat’s landmark dual listing in 2014 and served as CEO since August 2020, oversaw significant expansion. Key achievements during his tenure include the acquisitions of Eland Oil and Gas in 2019 and the transformational purchase of Mobil Producing Nigeria Unlimited (MPNU) in 2024, alongside strong financial discipline and the development of a robust pipeline of organic growth projects.
Effective 1 August 2026, Engr. Effiong Okon will succeed Brown as Chief Executive Officer and Executive Director. Okon, who has over 35 years of global industry experience, has been with Seplat Energy since 2018. He previously served as Operations Director, New Energy Director, and most recently as Managing Director of ANOH Gas Processing Company (AGPC), where he successfully delivered first gas in January 2026. Prior to Seplat, he spent more than 26 years at Royal Dutch Shell in senior operational and technical roles across Africa, the USA, Europe, and the Middle East.
The leadership changes are expected to take effect smoothly, with the company emphasising strategic continuity as it strengthens its position as one of Africa’s leading independent energy companies.
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