Aradel Holdings Plc Appoints Augustine Olorunsola as Interim Chairman

Aradel Holdings Plc has announced the appointment of Mr. Augustine Olorunsola as the Interim Chairman of the Board of Directors, effective July 9, 2025. The Board resolution dated July 17, 2025, reflects Aradel’s commitment to strong corporate governance and industry leadership.

Seasoned Executive to Guide Future Growth

Mr. Olorunsola brings over 40 years of experience in the global petroleum industry, with expertise in policy formulation, field development, commercial operations, and legislative frameworks. His career spans key roles in Agip-ENI, Shell International, and Nigeria’s energy regulatory institutions.

Highlights from His Distinguished Career

Former VP, Commercial Gas Business for Sub-Saharan Africa at Shell International

Served as Director of Petroleum Resources and Adviser to two Petroleum Ministers

Technical lead for the Petroleum Industry Bill (2010–2019)

Chairman/CEO of Energetikos Limited

Fellow and Country Chairman of the Energy Institute

Governance in Action

The Board has directed the Company Secretary to notify all relevant regulatory bodies and ensure swift implementation of the new appointment. This development reinforces Aradel’s trajectory towards a more efficient and resilient corporate structure.

Commitment to Energy Excellence

Mr. Olorunsola’s leadership aligns with Aradel’s corporate vision—”Energised for a Brighter Future”—and promises enhanced value for shareholders, stakeholders, and the energy market at large.

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