Eterna PLC Welcomes Oil Executive as New CEO

1 min read

Prominent oil and gas Company in Nigeria, Eterna Plc, has announced the appointment of Mr. Abiola Lawal as its new Managing Director and Chief Executive Officer. This pivotal decision comes after Benjamin Nwaezeigwe’s resignation, signalling a significant shift for the company.

Mr. Lawal brings over 25 years of invaluable executive leadership experience to Eterna, both locally and internationally. His illustrious career spans various C-suite roles across many industries, with a particular focus on the oil and gas sector. Before joining Eterna, Mr. Lawal served as the Deputy Managing Director and Chief Financial Officer at Eroton Exploration and Production Company Limited, where he played a pivotal role in driving operational efficiency and financial performance.

His tenure at Oando Plc, where he served as Group Chief Strategy Officer, was marked by transformative initiatives that propelled the company’s transition from downstream to upstream and gas operations. Notably, Mr. Lawal spearheaded the successful implementation of Oracle ERP technology, revolutionising the company’s operational capabilities.

Beyond his contributions at Oando, Mr. Lawal held key leadership positions at Camac Energy Inc. in the USA, where he served as the Executive Vice President and Chief Financial Officer. His exemplary leadership at Camac Energy underscores his ability to navigate complex international markets and drive sustainable growth.

Eterna Plc expressed unwavering confidence in Mr. Lawal’s leadership abilities and looks forward to leveraging his expertise to drive the company’s strategic objectives on a global scale.