Seplat Plc has announced the retirement of Mr Austin Avuru as its Chief Executive Officer, effective July 31, 2020.
In a statement issued on Monday by the Company Secretary, Edith Onwuchekwa, the company explained that Avuru would be replaced by Mr Roger Brown, its Chief Finance Officer.
The Company Secretary identified Avuru’s achievements to include “development of a strong organization, the deployment of agile systems, processes.”
According to the Company Secretary, Mr Avuru established formidable stakeholder relationships that allowed the company to grow rapidly from a gross crude oil production capacity of 22,700 barrels of oil equivalent per day as at December 2010 to a peak of 111,368 BOEPD gross production as of December 2018, among others.
