Chairman and group CEO of Oilserv Ltd Emeka Okwuosa has resigned from his position as non-executive director on the board of directors of Eroton Exploration and Production Ltd.
In a statement issued on Thursday, Oilserv said Okwuosa’s resignation took effect from February 16, 2023, following the notice of resignation communicated to the chairman and board of Eroton.
The statement read: “Oilserv Limited hereby brings to the notice of the general public that its Chairman/GCEO, Engr. Emeka Okwuosa, CON had resigned from the board of Eroton Exploration & Production Limited as a Non-Executive Director of the company.
“The resignation of Engr. Emeka Okwuosa, CON from the board of Eroton Exploration & Production Limited, took immediate effect from 16th February 2023 following the notice of resignation dated 16th February 2023 communicated to the Chairman and the Board.
“Engr. Emeka Okwuosa, CON, a consummate industry professional and energy icon was invited to the Board of Eroton Exploration and Production Limited as a Non-Executive Director, to share his wealth of experience with the Board and Management of the company.
“He exercised this responsibility with utmost good faith to the company in accordance with his fiduciary duty as a Non-Executive Director. However, Engr. Emeka Okwuosa, CON has voluntarily exited the Board.”
The statement added that Okwuosa wished the company success in its endeavors.
Before establishing Oilserv in 1992, Okwuosa worked for several organisations including Schlumberger, a French oil service giant.
