Seplat Vitality Plc has introduced the appointment of businessman and investor Tony Elumelu as a non-executive director, with the appointment taking impact from January 22, 2026.
Elumelu chairs Heirs Energies, the indigenous power firm that lately acquired a 20.07 per cent fairness stake in Seplat from a French shareholder.
In a discover to the alternate dated Thursday and signed by firm secretary Edith Onwuchekwa, Seplat confirmed the exit of Olivier Cleret De Langavant, who joined the board in January 2020 as a consultant of the French agency M&P.
In line with the submitting, Langavant’s resignation adopted the completion of the sale of Etablissements Maurel et Promenade SA’s 20.07 per cent shareholding to Heirs Holdings Restricted and Heirs Energies Restricted.
Seplat praised Langavant for his years of service, noting that he provided robust strategic and technical steerage that contributed meaningfully to the corporate’s improvement.
Asserting Elumelu’s entry into the board, the corporate said:
“The Board is happy to announce the appointment of Mr. Tony O. Elumelu, CFR as a Non-Government Director on the Board efficient 22 January 2026.”
The assertion described Elumelu as “a distinguished African investor and philanthropist, globally acknowledged as one of the distinguished voices on Africa’s transformation agenda.”
It added that “He’s the Founder and Chairman of Heirs Holdings, a diversified funding firm with pursuits throughout strategic sectors of the African financial system, together with power, energy, banking, insurance coverage, know-how, actual property, hospitality, and healthcare.”
Seplat additional famous that “He additionally serves as Chairman of United {Bank} for Africa Group, Heirs Energies, Transcorp Group, whose subsidiaries embrace Transcorp Energy, and Transcorp Inns Plc, Nigeria’s foremost hospitality model.”
The submitting highlighted his philanthropic work, stating: “In 2010, he established The Tony Elumelu Basis, the main philanthropy devoted to empowering African entrepreneurs throughout all 54 African international locations.”
It additionally referenced his worldwide recognition, including that “His international affect has been broadly acknowledged, together with recognition as one in every of TIME Journal’s 100 Most Influential Folks within the World (2020) and the conferment of the Commander of the Order of the Federal Republic (2022).”
Seplat famous that Elumelu additionally sits on main international advisory our bodies: “He additionally serves on a number of international boards, together with UNICEF’s Era Limitless World Management Council and the Worldwide Financial Fund’s Advisory Council on Entrepreneurship and Development.”
The corporate expressed optimism that Elumelu’s entry would strengthen its long-term technique, saying his management and expertise would assist advance its strategic objectives and reinforce its dedication to sustainable development.
Commenting on the event, Seplat chairman Udoma Udo Udoma welcomed Elumelu to the board whereas commending Langavant for his contribution during the last six years.
“His experience and dedication have been instrumental in driving our strategic initiatives,” Udoma stated.
He added that he seemed ahead to Elumelu bringing his expertise and management to help the corporate’s plans for sustainable enlargement and worth creation for shareholders and different stakeholders.