Jobs/Appointments
Former Chairman of Fidelity Bank Joins Seplat Board
By Dipo Olowookere
The former Chairman of Fidelity Bank Plc, Mr Ernest Ebi, has been appointed to the board of Seplat Energy as a non-executive director.
He is a nominee of Shebah Petroleum Development Company Limited (BVI) replacing Mr A.B.C Orjiako, who will step down from the board after the Annual General Meeting (AGM) slated for May 18, 2022.
Mr Ebi is one of the three directors appointed to the board of the company listed on the Nigerian Exchange (NGX) Limited and the London Stock Exchange (LSE).
The other two appointees are Mrs Bashirat Odunewu as an independent non-executive director and Mr Kazeem Raimi as a non-executive director.
Mr Ebi served as the board chairman of Fidelity Bank from 2016 to 2020 and AIICO Pension Managers between 2010 and 2021 and currently serves as an independent director on the board of Dangote Cement Plc, Julius Berger Nigeria Plc, Coronation Capital Limited and Coronation Asset Management Limited.
Business Post reports that from 1999 to 2009, he was the Deputy Governor at the Central Bank of Nigeria (CBN), where he covered policy and corporate services portfolios.
In 1995, he was appointed by the CBN and the Nigeria Deposit Insurance Corporation (NDIC) as the Managing Director/CEO of New Nigerian Bank Plc and was responsible for the development and implementation of a credible turnaround plan for the bank and contributed significantly to the recovery of a huge portfolio of non-performing risk assets.
On the part of Mr Raimi, is a nominee of Platform Petroleum Limited replacing Mr Austin Avuru who stepped down from the board of Seplat Energy on March 1, 2022. He is presently the Executive Director, Commercial for Platform Petroleum Limited.
He was previously with Seplat Energy as General Manager, Commercial, where he was charged with the responsibility for driving commercial, economics, valuation, planning and treasury activities across the entire organisation.
Mr Raimi was once a Treasury Manager at Cadbury Nigeria Plc and Finance Analyst at Citibank Nigeria Limited and had significant involvement in commercial and economic evaluations of new ventures, farm-in and company acquisition opportunities with a thorough appreciation of tax, fiscal issues and project economics especially as they relate to Nigeria, Gabon, Iraq and Cameroon.
As for Mrs Odunewu, she is an Independent NED on the board of Neimeth International Pharmaceuticals Plc and is also a member of the board of directors for the Franco-Nigeria Chamber of Commerce and Industry where she serves as the Treasurer.
Up till June 2021, she served as C-Suite executive, corporate banking (Energy, Natural Resources & Infrastructure), at First Bank Nigeria Ltd and was before then the line executive for their international banking group where she supervised CEOs of the subsidiaries of First Bank in six African countries as well as the bank’s representative office in China.
While commenting on the appointments, Mr Orjiako expressed the desire of the Seplat board to have these respected personalities in their midst, saying the company “looks forward to the enormous contributions they will make towards achieving global success.”
Editor’s Note:
The headline and the lead have been corrected to Fidelity Bank from defunct Diamond Bank. We apologise for the error.
Jobs/Appointments
Chemical and Allied Products Appoints Jethro Iruobe as Executive Director
By Aduragbemi Omiyale
The chief operating officer of Chemical and Allied Products (CAP) Plc, Mr Jethro Iruobe, has been appointed as an executive director.
A statement from the organisation disclosed that the appointment is effective June 25, 2026.
In his new role, Mr Iruobe will participate in the formulation and execution of the company’s strategic priorities, provide executive leadership across critical functions, and contribute to its continued growth, sustainability and success.
The new board member joined the firm in 2019 as Head of Human Resources before growing to become the COO, with responsibility for Human Resources, Corporate Communications, Administration, Fleet and Commercial Excellence.
He has over 19 years of experience across a range of industries, including financial services, consulting, FMCG and manufacturing, having begun his career in banking before kicking off his HR career at KPMG and going on to hold senior roles at Promasidor Nigeria, Coca-Cola HBC and TGI Nigeria.
Throughout his career, he has supported organisations in building high-performing teams and driving sustainable business growth.
Beyond his corporate responsibilities, he is a columnist with Business Day Newspaper, a trained relationship counsellor and co-author, and a recipient of awards in both the human resources profession and other platforms.
Mr Iruobe holds a Bachelor’s degree in Mathematics and Economics from the University of Benin and a Master of Business Administration (MBA) from the Manchester Business School, United Kingdom. He is a certified Project Management Professional (PMP) and also holds the Global Professional in Human Resources (GPHR) certification awarded by the Human Resource Certification Institute.
Jobs/Appointments
Board Picks Malolan Sampath as Champion Breweries CEO After Adoga’s Exit
By Aduragbemi Omiyale
Mr Malolan Sampath has been appointed as the new chief executive of Champion Breweries Plc, effective September 1, 2026.
The appointment of a new chief executive was approved by the board of the brewery giant following the resignation of Mr Inalegwu Adoga.
To ensure continuity during the transition pending Mr Sampath’s assumption of office, the board has appointed Mr Rasheed Ademola Adebiyi, Executive Director of Finance, to take charge of the affairs of the organisation.
In a statement, the board said it remains committed to the highest standards of corporate governance and to delivering a seamless leadership transition and sustainable value to shareholders and other stakeholders.
The new Sheriff in town, expected to take over next quarter, was described as an accomplished executive with over 26 years of international leadership experience across the beverage, FMCG, manufacturing and agro-industrial sectors, having built and led businesses up to $500 million in scale.
His beverage and brewing experience includes serving as Managing Director of Unique Beverages in Angola and as Sales & Marketing Director for a PepsiCo bottling franchise, in addition to earlier brewing-sector experience.
Most recently, he held the dual role of Managing Director (NPK Joint Venture) and Chief Marketing Officer at Indorama Eleme Fertilisers in Nigeria and previously served as Chief Executive Officer of Global Industries Limited, a Wilmar International joint venture in Zambia.
He holds a Postgraduate Diploma in Management (MBA) from the Symbiosis Centre for Management & HRD, Pune, and a Bachelor of Business Administration from the University of Chennai.
The board expressed confidence that his expertise in manufacturing excellence, commercial execution and business transformation will support the company’s strategic objectives and long-term growth.
Jobs/Appointments
Julius Berger Appoints Muiz Banire, Chinazo Okoye to Board
By Aduragbemi Omiyale
Erudite legal practitioner, Mr Muiz Banire (SAN), has been appointed to the board of a construction giant, Julius Berger Nigeria Plc.
He joins the board of the organisation as a non-executive director, with effect from July 1, 2026, alongside Mrs Chinazo Okoye, who is an alternate director to Dr Ernest N. Azudialu-Obiejesi.
A statement from the company secretary, Ms Cecilia Ekanem Madueke, said Mrs Okoye is a graduate of the University of Michigan, Ann Arbor, Michigan, USA, and holds a Bachelor of Science in Mechanical Engineering, Master of Engineering Degree in Mechanical Engineering from the Cornell University, Ithaca, New York, USA, and a Master of Science Degree in Professional Accountancy from the University of London, London, UK.
She is a Chartered Certified Accountant (ACCA) of the Association of Chartered Certified Accountants. She has worked in various positions in various companies and is currently the Managing Director of Amaranta Trading Limited.
As for Mr Banire, he is a graduate of the University of Lagos and holds a Master of Laws Degree as well as a Doctor of Philosophy Degree from the same university.
He was called to the Nigerian Bar in 1989. He also holds a Master Certificate in the Arbitration Master Course from the Lagos Court of Arbitration Training Institute. He was admitted to the Inner Bar and conferred with the rank of Senior Advocate of Nigeria (SAN). He is a Member of the International Bar Association, the Institute of Chartered Secretaries and Administrators, an Associate Member of the Chartered Institute of Arbitrators, a Fellow of the Institute of Transport Administration of Nigeria, and the Nigerian Institute of Management. He is registered with the Law Society of England.
He had served in various capacities in the Legal profession, academic community and publicly. He was conferred with the National Honour of the Officer of the Order of the Niger (OON).
He is the Founder and Principal Partner, M. A. Banire & Associates, Member of the Board of Trustees, Fountain University, Osogbo, Osun State, and Pro-Chancellor of the University of Uyo, Akwa Ibom State.
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