Ardova Plc has announced the appointment of a new managing director/chief executive officer to take the place of Olumide Adeosun, who resigned from the firm effective 31 August.
Mr Adeosun, who became the chief executive of the energy firm (formerly known as Forte Oil) in June 2023, after billionaire oilman Abdulwasiu Sowami acquired the controlling stake, is leaving to pursue new interests and opportunities, according to a statement seen by PREMIUM TIMES.
He will hold the position for the rest of the year to ease the passage to a new executive management.