Japaul Gold and Ventures PLC Appoints Segun Oloketuyi as Chairman, Overhauls Board Members

Japaul Gold and Ventures PLC has appointed Mr. Segun Oloketuyi as its new Chairman of the Board of Directors, marking a transformative phase for the company. This was announced via a company filing on the NGX.

Oloketuyi, a seasoned financial expert with decades of experience in banking and business development, brings unparalleled leadership to Japaul Gold. His proven track record in revitalizing financial institutions positions him to steer the company toward operational excellence and increased shareholder value.

Joining Oloketuyi on the board is Mr. Francis Ekeng, appointed as a Non-Executive Director, whose expertise spans telecommunications, real estate, and heavy metal mining. A Pan-African entrepreneur and CEO of Breezetk Limited, Ekeng’s digital transformation credentials from institutions like MIT and London Business School will drive Japaul Gold’s technological advancements.

Ekeng’s strategic influence in Eastern Africa’s mining sector adds a dynamic edge to the board. His appointment reflects Japaul Gold’s ambition to integrate next-generation technologies and innovative practices into its mining operations.

The board also welcomes Mr. David Dawson, a Canadian geophysical exploration expert, as the new Managing Director. With over 40 years of experience in magnetics, electromagnetic frequency, and induced polarization, Dawson’s global expertise will enhance Japaul Gold’s exploration methodologies.

Fluent in Brazilian Portuguese and Spanish, Dawson brings international technical leadership to the company. His appointment signals Japaul Gold’s intent to adopt global best practices and expand its footprint in the mining industry.

Outgoing Chairman Paul Jegede described the appointments as a “strategic leap into the future.” He emphasized the combination of technical expertise, strong governance, and innovative entrepreneurship as key to Japaul Gold’s regional expansion and operational excellence.

Japaul Gold’s management echoed this sentiment, stating, “These appointments are a deliberate step toward long-term transformation and market leadership.” They highlighted the diverse expertise and global insights of the new board as pivotal to achieving sustainable growth.

The company expressed gratitude to the outgoing board for their contributions during this transition. Japaul Gold now embarks on an exciting chapter, leveraging its new leadership to capitalize on opportunities in gold exploration and sustainable resource development.

With a focus on advanced mining technology and corporate performance, Japaul Gold is poised for accelerated growth. The new board’s vision aligns with Africa’s rising demand for innovative and sustainable mining practices, positioning the company as a market leader.

Japaul Gold & Ventures PLC, originally incorporated in 1994 as Japaul Oil & Maritime Services Plc, is a Nigerian company headquartered in Ikeja, Lagos. Listed on the Nigerian Stock Exchange (NGX) under the ticker JAPAULGOLD, it operates in the oil and gas, mining, and maritime sectors.

The company transitioned from primarily offering offshore support services in the oil and gas industry to focusing on solid mineral mining, holding licenses for minerals such as gold, tin, copper, lithium, lead, zinc, and hard rock. It is also a leading dredging company in Nigeria, providing engineering and marine services.

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