Incoming CEO Pledges to Sustain Growth at Seplat

Seplat OML 4

By Tenebe Anthonia

The incoming CEO of Seplat Petroleum Development Company Plc, Mr Roger Brown, has promised to build on the achievements of the current occupier of the position, Mr Austin Avuru.

Mr Brown gave this assurance on Monday when he was introduced to the Nigerian Stock Exchange (NSE) by the present team.

The energy company was at the exchange yesterday to mark its 10 years of its existence including the landmark dual listing of the company on both the Nigerian and London Stock Exchanges about six years ago.

The firm was also given the honour to close the market on Monday with the closing gong.

Speaking on the occasion, Mr Brown said, “I must thank NSE and recognise the crucial support we have received from the local bourse and our investors without whom none of our achievements would be possible.

“I am humbled and extremely proud to be trusted by the Board and Investors to lead Seplat Plc, especially in these challenging times.

“Mr Avuru is handing over a company that is in great condition and I am looking forward to running with the same energy as you supported by a great leadership team and an extremely strong group of employees.”

During his speech, Mr Avuru stated that, “It has been a great pleasure to maintain a relationship with NSE over the past six years.

“The relationship has been mutually beneficial and Seplat Plc is quite pleased to have been instrumental in enhancing the relationship between the NSE and the London Stock Exchange.

“It has been a great journey leading the company over the last ten years and it is an even greater pleasure to introduce Mr Roger Brown who led the efforts on the dual listing, has been instrumental in many over our achievements since he joined the firm seven years ago and is guaranteed to take the firm to greater heights.”

He further expressed the company’s delight over the invitation to once again sound the closing gong of the exchange, saying, “It is a great privilege and pleasure to be here as Seplat Plc celebrates another milestone.

“Six years ago, we were on the trading floor of The Exchange to commemorate our landmark listing and since then, we have risen to become a premium listed company on the NSE platform.

“I must, therefore thank NSE for the support and all the investors and partners who have traded our stock making it possible for us to be where are today.”

In his remarks, the CEO of NSE, Mr Oscar Onyema, stated, “I congratulate the board, management and staff of Seplat on the 10th year anniversary celebration.

“I must also applaud Mr Avuru on his many accomplishments over the years and likewise congratulate Mr. Roger Brown on his appointment as the Chief Executive Officer effective August 1, 2020.

“As Mr Brown takes the reins, we would like to assure the leadership of Seplat Plc that NSE is committed to helping issuers derive great value from their interaction with the market, and we will remain your trusted business partner in achieving your strategic business objectives.”

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