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Conoil Plc Announces Board and Management Changes

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Tuesday, October 24, 2017 12:25PM /NSE


The Management of Conoil Plc would like to notify its esteemed shareholders, stakeholders and the general public of the recent changes in the Board and Management of the Company:
 

·        
That Mr.  Sanjay  Mathur  (Indian)  has resigned  his  appointment as the Managing Director of the Company;

·        
That Mr. Bamidele Ogunnaike has resigned his appointment as the Executive Director, Finance of the Company; and

·       
That Mr. Abdulateef Ijaiya has resigned his appointment as the Financial Controller of the Company.

Consequently, the following appointments have been made by the Board of Directors of Conoil Plc to fill the casual vacancies thereby created; subject to the further ratification of the appointments at the Annual General Meeting:
 

·        
Mr. Pandey Ajay (Indian) has been appointed as the Acting Managing Director of the Company;

·      
Mr. Akinyemi Ibrahim Akinlawon has been appointed as the Acting Director of Finance of the Company; and

·        
Mr. Edim Aikpo has been appointed as the Acting Financial Controller of the Company. 

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