Oando PLC announced that Mr. Olufemi Adeyemo, the Group Chief Financial Officer of the company resigns his appointment from the company and Board with effect from February 18, 2022. The company announced the appointment of Mr. Adeola Ogunsemi as an Executive Director effective February 18, 2022. Mr. Adeola Ogunsemi has been the Chief Financial Officer of Oando's upstream division, Oando Energy Resources, since January 01, 2012.

Prior to that, he was the Financial Controller of Oando Exploration & Production Limited having joined the Oando Group on March 01, 2009.