……..by Ben Ndubuwa……..
The Board of Directors of Ardova Plc on Thursday announced the resignation of Olumide Adeosun as the Chief Executive Officer (CEO) of the company.
Ardova said that the bowing out of Adeosun as the CEO, became effective on August 31, 2023, however he remains committed and involved with the activities of the company till December 31, 2023 to ensure a seamless transition to the new executive managemen
Adeosun moving out of Ardova also came at the same time his tenure as the chairman of the Major Oil Marketers Association of Nigeria (MOMAN) ended
The major marketers therefore today officially announced the conclusion of Olumide Adeosun’s tenure as the Chairman. Olumide Adeosun, the esteemed CEO of Ardova Plc and the outgoing Chairman of MOMAN, completed his term on August 31, 2023. Assuming the leadership role for the next 2 years effective September 1, 2023, will be Huub Stokman, the Managing Director of NNPC Retail Limited (NRL).
Under the guidance of Olumide Adeosun, MOMAN has thrived as a cornerstone of the Nigerian energy landscape, fostering growth, innovation, and collaboration within the petroleum marketing sector.
MOMAN achieved remarkable milestones during his tenure, advocating for industry excellence, sustainability, and regulatory advancements.
Olumide Adeosun’s visionary leadership has been instrumental in steering MOMAN through a dynamic period marked by transformative changes in the energy sector. His commitment to driving operational excellence, regulatory adherence, and community engagement has set a solid foundation for the association’s future endeavors.
The incoming Chairman, Huub Stokman, brings a wealth of experience to the role. As the Managing Director of NNPC Retail Limited, he has demonstrated exceptional leadership in managing complex operations, optimizing business strategies, and fostering strategic partnerships. His deep understanding of the petroleum retail landscape uniquely positions him to lead MOMAN into the next phase of its journey.
MOMAN expresses its profound gratitude to Olumide Adeosun for his dedicated service and outstanding contributions during his tenure as Chairman. His legacy will continue to inspire and guide us as we navigate the evolving energy landscape and pursue new horizons. Financial Energy Review learnt that Adeosun next move could be lauder than his previous services.
Huub Stokman’s appointment as Chairman ushers in an exciting chapter for MOMAN. His expertise, vision, and commitment to industry excellence align seamlessly with the association’s mission to drive sustainable growth, advocate for regulatory advancements, and champion the interests of its members.
The Executive Secretary/Chief Executive Officer of MOMAN, Mr. Clement Isong, was reappointed ES/CEO for a second term of five years.
MOMAN looks forward to a seamless transition and a new era of innovation and growth under Huub Stokman’s leadership. The association remains dedicated to promoting the highest standards of business practices, fostering collaboration, and contributing positively to Nigeria’s energy sector and economy.