By Dipo Olowookere
Leading energy company, Forte Oil Plc, has announced changes in its management team following the exit of its chairman, Mr Femi Otedola.
The business mogul had announced on Wednesday that the sale of his 75 percent holdings in Forte Oil to another investor had scaled through.
On Thursday, the company, in a disclosure to the Nigerian Stock Exchange (NSE), said it now has a new Chief Executive Officer and a new Chief Financial Officer.
It was disclosed that Mr Akin Akinfemiwa, who until the announcement was the CEO of the firm, has resigned just like Mr Julius Omodayo-Owotuga, the CFO.
Forte Oil said in the notice yesterday that its new CEO is Mr Olumide Adeosun, while Mr Moshood Olajide is the new CFO.
“Forte Oil Plc hereby notifies the Nigerian Stock Exchange (NSE), its shareholders and other stakeholders of the company of the following:
“The resignation of Mr Akin Akinfemiwa and Mr Julius Omodayo-Owotuga as Chief Executive Officer and Chief Financial Officer of the company respectively.
“The appointment of Mr Olumide Adeosun and Mr Moshood Olajide as the Chief Executive Officer and Chief Financial Officer of the company respectively.
“The appointments are with immediate effect,” the statement said.
more recommended stories
Senator Danjuma Joins May and Baker Nigeria Board
By Dipo Olowookere Senator Daisy Danjuma,.
Christine Lagarde Resigns as IMF Chief
By Dipo Olowookere Managing Director of.
Meyer Plc Appoints Alashe as Chief Financial Officer
By Adedapo Adesanya The management of.
Transcorp Hotels Appoints New Board Member
By Adedapo Adesanya Transcorp Hotels Plc.
Ecobank, Labour Meet over Disengaged Contract Workers
By Dipo Olowookere A meeting between.
Owodunni, Emiola Quit Notore Board
By Dipo Olowookere Two non-executive directors.
Adagunodo Tasks Employees on Organisational Awareness
Young Nigerian employees are have been.
Ecobank Clears Air on Disengagement of Contract Staff
By Modupe Gbadeyanka Recently, there were.