Oando Plc has notified the Nigerian Exchange and the investing public of the appointment of Mr. Ademola Akinrele, SAN, as Chairman of the Board, effective December 17, 2024. He is taking over from His Royal Majesty, Oba Adedotun Gbadebo, the Alake of Egbaland as he resigns as Board Chairman for 12 years.
Mr. Akinrele brings extensive experience and expertise to this role, having previously served as a Non-Executive Director on the Board and as Chairman of the Governance & Nominations Committee. With decades of distinguished service in the legal profession, he is widely recognized as a leading authority in commercial law, litigation, aviation, and maritime matters.
Mr. Akinrele holds an LL.B (Hons.) from University College London and an LL.M from the University of Cambridge. He has also served on the boards of Agip Plc, Danos & Curole Marine Contractors, and other notable institutions.
His exceptional leadership abilities and capacity to foster consensus among stakeholders position him well to lead the Board effectively. The Board is confident that, under his chairmanship, Oando Plc will build on its legacy of excellence and explore new avenues for growth.