The Board of Directors of Seplat Energy announced the retirement of Mr. Emeka Onwuka as an Executive Director on the Board of Seplat Energy effective May 1, 2024. To succeed Mr. Emeka Onwuka, the Board announced the appointment of Mrs. Eleanor Adaralegbe as an Executive Director on the Board effective May 1, 2024. Eleanor Adaralegbe is an accomplished finance executive with over 30 years of expertise, particularly in the oil and gas industry.

A Mathematics graduate from the University of Nigeria Nsukka, she holds an MSc in Global Finance from BAYES Business School, City University of London, and completed the Advanced Management Program at Harvard Business School. Eleanor is also a chartered accountant and a Fellow of the Institute of Chartered Accountants of Nigeria. Starting her career at Ernst & Young International, Eleanor has held significant roles including Vice President of Finance and CFO Designate at Seplat Energy PLC.

Her tenure at companies such as ConocoPhillips, Addax Petroleum, and Devon Energy has been marked by her leadership in financial strategy, control, and innovation. Eleanor's career achievements include leading finance and commercial operations at Devon's Nigerian subsidiary, successfully negotiating a major gas plant buyback, and conducting the financial due diligence for a roughly $500 million acquisition on the London Stock Exchange. She has also played a key role in capital raising and joint venture financing, in addition to pioneering improvements in business processes.

An advocate for diversity and inclusion, Eleanor has championed these values in the corporate world for over a decade. Her leadership efforts helped Seplat become one of Nigeria's early adopters of the new IFRS S1 & S2 sustainability reporting standards. With a proven track record in complex negotiations and stakeholder management, Eleanor brings a strategic and forward-thinking approach to financial management and corporate governance, ensuring robust growth and compliance.

She also serves on the board of Elcrest Exploration Nigeria Limited.