Oando Plc has announced the resignation of its Executive Director Mr. Olufemi Adeyemo, the Group Chief Financial Officer from the Company and Board with effect from February 18, 2022.
Femi Adeyemo joined the Company in October 2005 as the Chief Financial Officer and was appointed as an Executive Director on the Board on July 30, 2009. With his extensive experience in strategic consulting and finance, Mr. Adeyemo played a major role in the growth and success of the Oando Group.
He was pivotal in the execution of several notable accomplishments, including but not limited to; the 2014 landmark acquisition of ConocoPhillips Nigerian assets, the 2015 Rights Issue, and various restructuring programs within the Group.
The Board and Management of the Company commend Mr. Adeyemo for his valuable contributions and meritorious stewardship and thank him for his dedication and accomplishments over the last 16 (sixteen) years with the Company. Appointment