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Seplat Petroleum Development Company Plc (LSE:SEPL) | RNS | Seplat Energy PLC - Retirement of Two Board Directors

Corporate Announcement on the Retirement of Two Board Directors and Appointment of Two Board Directors Lagos and th July 2021: The Board of Directors and Management of Seplat Energy Plc today announces that Mr. Damian Dodo, SAN, and Lord Mark Malloch-Brown, both Independent Non-Executive Directors ( INED ), have retired from the Board of the Company. Mr. Dodo, SAN was appointed to the Board in March 2014 while Lord Malloch-Brown was appointed in February 2014. For the past seven years, both Directors diligently served the Board and made significant contributions towards the growth of the Company during their tenure. Commenting on the retirement of the Directors, the Chairman of the Board remarked as follows:

How NNPC, under Kyari, outmaneuvered low prices during pandemic without cutting jobs

Advertisement For Mele Kyari, it will be two years in the saddle as the Group Managing Director (GMD) of the NNPC, a period that has tried his guts and gusto. The geologist was appointed in 2019 to manage the state-run oil Corp and average oil price when he was given the responsibility to run NNPC was $56.99 per barrel. His jobs were immediately cut out: manage the corporation’s fiduciary responsibilities to Nigeria in the midst of the volatile and keep it afloat regardless. Advertisement Indeed, Kyari’s selection to head the NNPC was roundly applauded by his colleagues in and out of the corporation.

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