Aradel Holdings Plc has officially announced the retirement of its long-serving Chairman, Mr. Ladi Jadesimi, and Chief Ede Osayande, a Non-Executive Director, marking the end of an era for the energy company.
The notice, communicated during the firm’s 30th Annual General Meeting held on May 28, 2025, was formally disclosed to the Nigerian Exchange Limited (NGX), shareholders, and the public.
The Board and Management paid tribute to both directors, expressing “sincere appreciation” for their leadership and invaluable contributions to the company’s growth and strategic direction. “Their presence on the Board will be greatly missed,” the statement read.
Mr. Jadesimi, a respected figure in Nigeria’s oil and gas sector, has been instrumental in shaping Aradel’s evolution and market positioning. Chief Osayande also played a critical role in Board oversight during a transformative phase in the company’s history.
The company has stated that the appointment of a new Chairman will be announced in due course.
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