Conoil Appoints Salam to Board as Executive Director

By Dipo Olowookere

A financial management expert, Mr Ismail Salam, has been appointed to the board of directors of a leading energy firm in Nigeria, Conoil Plc.

The announcement was made yesterday in a notice to the Nigerian Stock Exchange (NSE) signed by its scribe, Conrad Eberemu.

According to the notice, Mr Salam is joining the board as the Executive Director in charge of Finance in the company.

It was stressed that the appointment of Mr Salam was subject to the ratification and approval by the shareholders of the company at the next Annual General Meeting (AGM).

“The management of Conoil would like to notify the Nigerian Stock Exchange (NSE), its esteemed shareholders, stakeholders and the general public of the board appointment of Mr Ismail Salam as the Acting Executive Director Finance.

“Mr Ismail Salam is an accomplished professional with experience in diverse sectors of the economy. “He is a graduate of Accountancy with an MBA in Financial Management and a Fellow of the Institute of Chartered Accountants.

“Mr Salam brings with him over 30 years of strong and decisive leadership experience in Teaching, Manufacturing, Banking, Telecommunications and now Oil and Gas.

“This appointment is however, subject to the ratification and approval by the shareholders of the company at the next Annual General Meeting (AGM),” the notice said.