Oando appoints new director

Oando PLC has announced the appointment of a new director to its board, signaling a strategic move to strengthen its leadership team. The new director brings a wealth of experience and expertise in the energy and business sectors, with a proven track record of leadership in both local and international markets. This appointment is seen as part of Oando's ongoing efforts to enhance its governance framework and drive its business expansion plans, particularly in the oil and gas industry. 

The company, which has been undergoing various restructuring initiatives, aims to leverage the new director's expertise to navigate the evolving energy landscape, address operational challenges, and explore new growth opportunities. Oando is also focused on maintaining its commitment to sustainability, innovation, and value creation for shareholders. 

Oando's management expressed confidence that the new director's leadership will support the company's strategic objectives and further solidify its position as a key player in the Nigerian and African energy sectors. The appointment reflects the company's commitment to continuously evolving its corporate structure to meet the demands of the dynamic energy market.