Home Business Heirs Holdings Oil appoints Osayande Igiehon as CEO, names board

Heirs Holdings Oil appoints Osayande Igiehon as CEO, names board

by Ayodeji Onibalusi
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The Oil and Gas arm of Heirs Holdings, Heirs Oil and Gas (HHOG) has on Thursday announced the appointment of Osayande Igiehon as its CEO, as well as name members of its non-executive board, OYOGist.com reports.

OYOGist.com recalls that Heirs Holdings Ltd completed the acquisition of OML17 in January 2021 through its portfolio company, HHOG.

The new CEO, Mr. Igiehon brings with him prior experience serving as the Vice President of Royal Dutch Shell, Hague, Netherlands.

Heirs Holdings has major stakes in Nigeria’s banking and finance and hospitality industry before now. With the positioning of HHOG, the group now plays a major role in the country’s burgeoning energy sector.

In a bid to further its foray into the Nigerian energy sector, the company made the board and executive leadership announcement on Thursday.

Below are the members named to HHOG’s non-executive board and their profile as briefed by the company:

Tony O. Elumelu, CON is the Chairman of Heirs Holdings, the United Bank for Africa (UBA), Transnational Corporation of Nigeria (Transcorp), and Founder of the Tony Elumelu Foundation.

Sally Udoma who previously served as general counsel for Chevron Europe, Eurasia, and the Middle East Exploration and Production. Previously, she was general counsel for Sasol Chevron Consulting Limited and managing counsel at the London Legal Service Centre for Chevron Global Upstream and Gas. She has also served as general counsel and general manager for Chevron Nigeria Limited.

Anil Dua is a founding partner at Gateway Partners Limited, a private equity fund specialising in dynamic growth markets including Africa, the Middle East and Asia. Prior to this, Mr. Dua worked for over thirty-five years with Standard Chartered Bank in Asia, Africa, Europe and the US, where he held various roles including Regional CEO West Africa and Regional Head of Origination and Client Coverage, Africa.

Ahmadu Kida Musa who previously served as Deputy Managing Director of Total Exploration and Production Nigeria Limited has over thirty-two years of experience in the Oil and Gas industry and brings considerable expertise in Nigerian oil and gas.

Stanley Lawson currently serves on the board of Transnational Corporation of Nigeria Plc. He is Managing Partner at Financial Advisory & Investment Consultants Ltd. Dr Lawson previously occupied the position of Group Executive Director-Finance & Accounts at Nigerian National Petroleum Corp.

Samuel Nwanze is the Chief Finance Officer at Heirs Oil and Gas. Prior to this he was the Chief Investment Officer at Heirs Holdings responsible for investment and capital management.

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