Seplat, a Nigerian leading independent oil and natural gas producer with eight blocks in the Nigerian Niger Delta region of the country, four of which it operates directly and with shares fully listed in both the Nigerian and the London Stock Exchange has announced Roger Thompson Brown, its former executive director as its CEO
Brown takes over from Ojunekwu Augustine Avuru, a co-founder and CEO since May 2020, but who will continue as a non-executive director.
Brown is a qualified chartered accountant with the Institute of Chartered Accountant of Scotland and National Accountants of Nigeria.
Seplat said Brown has more than 25 years’ experience in the financial sector primarily focused on emerging markets with extensive experience in structuring energy and infrastructure transactions on the African continent.
Prior to joining the company, he held the position of managing director, oil and gas EMEA for Standard Bank Group.
Seplat credited him with setting up the Seplat London office before listing on the London Stock Exchange and also steered the company effectively as the CFO.
“Brown brings to Seplat extensive financial, accounting, mergers and acquisitions, debt and equity capital markets experience in the emerging markets space and in particular the African oil and gas sector,” the company stated.
Avuru, former CEO, a geologist spent 12 years at the Nigerian National Petroleum Corporation, Nigerian national oil company before setting up Platform Petroleum and was the managing director until 2010 when he left to take up the position of CEO at Seplat.