Nigerian business tycoon Tony Elumelu is set to become chairman of Seplat Energy in January 2027, adding one of West Africa’s largest independent oil and gas producers to a portfolio that already spans banking, power, hospitality, insurance and energy.
Seplat Energy has named Nigerian investor Tony Elumelu as its next chairman, deepening his influence over one of West Africa’s largest independent oil and gas producers following Heirs Energies’ acquisition of a 20.07% stake in the company.
Elumelu will assume the role in January 2027, succeeding Udoma Udo Udoma, the current chairman of Seplat’s board.
The company disclosed the appointment in a notice filed with the Nigerian Exchange Limited and signed by Company Secretary Edith Onwuchekwa.
Seplat described the transition as “a new chapter of leadership” as it advances its growth and transformation strategy.
