By Moses Patience Chat
The Management of Oilserv Limited, has revealed the resignation of its Chairman and Group Chief Executive Officer (CEO) , Engr. Emeka Okwuosa, from the Board of Eroton Exploration and Production Limited as a Non-Executive Director of the Company.
According to the Management of Oilserv Limited, the resignation of the Oilserv Boss took effect from February 16th, 2023.
The Company in a statement explained that Okwuosa resigned voluntarily, after years of sharing his wealth of experience with the Board and Management of the Company in accordance with his fiduciary duty as a Non-Executive Director.
“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,” the statement read in part.
It further read that “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.”
“Engr. Emeka Okwuosa, CON has extended his sincere thanks to the Chairman and Board of Eroton Exploration & Production Limited for the opportunity of service to the company and wishes the company success in its endeavors.”