Seplat Energy, a leading indigenous energy company, has announced the appointment of Eleanor Adaralegbe as Executive Director, effective May 1, 2024. She will also assume the role of Chief Financial Officer on May 21, 2024, succeeding Emeka Onwuka, who is set to retire from both positions.
Adaralegbe brings over 30 years of expertise in finance, particularly in the oil and gas industry. A Mathematics graduate from the University of Nigeria Nsukka, she holds an MSc in Global Finance from BAYES Business School, City University of London, and completed the Advanced Management Program at Harvard Business School. Adaralegbe is also a chartered accountant and a Fellow of the Institute of Chartered Accountants of Nigeria.
Starting her career at Ernst & Young International, Adaralegbe has held significant roles, including Vice President of Finance and CFO Designate at Seplat Energy PLC. She has also contributed to the success of companies such as ConocoPhillips, Addax Petroleum, and Devon Energy, where she led finance and commercial operations, negotiated major deals, and pioneered improvements in business processes.
Adaralegbe is known for her advocacy of diversity and inclusion, championing these values in the corporate world for over a decade. Her leadership efforts helped Seplat become one of Nigeria’s early adopters of the new IFRS S1 & S2 Sustainability Reporting Standards.
Commenting on the appointment, Udoma Udo Udoma, Chairman of Seplat Energy, expressed gratitude to Mr. Onwuka for his contributions and welcomed Mrs. Adaralegbe, stating that her wealth of experience and expertise will be vital in steering Seplat Energy towards future success.
