Oando Plc has announced the appointment of Mr. Cosmas Iwueze as an Independent Non-Executive Director, effective December 16, 2024.
Cosmas Iwueze is a seasoned petroleum engineer and business leader with over three decades of experience in the oil and gas industry
Joining Chevron Nigeria Limited (CNL) in 1990, Cosmas rose through positions of increasing responsibility across Reservoir and Asset Management, Commercial Development, Operations, Project Management, and Business Strategy. He also gained international experience working with Chevron in California and Angola
Cosmas previously held leadership roles as Business Services Director for Chevron’s Nigeria/Mid-Africa unit, General Manager of Operations, and General Manager of Asset Development and Exploration. Notable achievements include securing third-party financing for JV projects and contributing to national petroleum policy development during a secondment to the Nigerian government.
Prior to retiring in November 2024, Cosmas served as Director of the NNPC/Chevron Joint Venture (JV), overseeing the JV asset development, major projects as well as oil and gas production with profit and loss accountability. In this role, he led strategic initiatives, managed multiple general managers, and acted as Managing Director when required.
The Board and Management of Oando Plc extend their heartfelt appreciation to the outgoing Chairman for his years of dedicated service and welcome Mr. Ademola Akinrele, SAN, and Mr. Cosmas Iwueze into their new roles. These changes mark the beginning of an exciting new chapter for Oando, and the Board remains committed to driving sustainable growth and creating long-term value for all stakeholders.