Eterna Chooses Former Oando Chief Strategy Officer as MD/CEO

April 4, 2024

By Aduragbemi Omiyale

The former Group Chief Strategy Officer of Oando Plc, Mr Abiola Lukman Lawal, has been appointed as the chief executive of Eterna Plc.

His appointment followed the resignation of Mr Benjamin Nwaezeigwe with effect from April 8, 2024.

Mr Lawal will assume the new position on April 15, 2024, subject to the ratification of shareholders at the next Annual General Meeting (AGM) of the company, according to a statement signed by the company secretary, Mandella Golkus.

Mr Lawal’s predecessor only led the energy firm for two years before exiting the organisation. He has been appreciated by the board for his “significant contributions to the company” while he was in charge.

The new chief executive has more than 25 years of experience in private and publicly listed firms across different sectors.

He recently worked with Eroton Exploration and Production Company Limited as Deputy Managing Director and Chief Financial Officer.

Mr Lawal was the pioneer Executive Vice President and Chief Financial Officer of Camac Energy (later known as Erin Energy), USA.

He has served in multiple executive roles in other companies, including Camac International Corporation and ExeQute Partners, and served as the MD/CEO of eWorldtrack Mobile Technologies USA.

He recently completed a Certificate course in Data Science and Artificial Intelligence (AI) at the Massachusetts Institute of Technology (MIT), USA. He holds a Master of Business Administration (MBA) with a concentration in Finance, Strategy, and Technology from the University of California Irvine.

Aduragbemi Omiyale

Aduragbemi Omiyale is a journalist with Business Post Nigeria, who has passion for news writing. In her leisure time, she loves to read.

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