Mr. Ladi Jadesimi – Chairman
A former partner of Arthur Anderson in Nigeria, Mr Jadesimi is a graduate of Oxford University (Jurisprudence, 1966) and is a Fellow of the Institute of Chartered Accountants, England and Wales. A Chartered Accountant, with over 15 years of active practice, he took early retirement from practice to engage in private practice, primarily in banking, oil and gas and real estate.
Dr. Layi Fatona, Ph.D., M.Sc., DIC, FNAPE – Managing Director
Dr. Layi Fatona is a Petroleum Geologist with over thirty-five years of practice, commencing with a seven year stint in the Petroleum Engineering and Exploration & Production Departments at The Shell Petroleum Development Company of Nigeria Ltd (SPDC). He is a leading authority on the geology of the Niger Delta Oil and Gas Province.
Mr. Oloruntoba Akinmoladun - Chief Operating Officer (COO)
Over 35 years of practicing experience in the petroleum industry, entirely in Shell Group. Has served in positions of increasing responsibility across the upstream value chain in Nigeria, Oman and the United Kingdom and attained Senior Executive Positions. His previous role was Executive Director, Oil Producing Trade Section (OPTS) of the Lagos Chamber of Commerce.
Mr. Osten A.O. Olorunsola – Director
Mr. Osten graduated with an Honours degree in Geology from the University of Ilorin, Nigeria and is a skilled Petroleum Engineer. After working at Agip-ENI, Mr Osten then joined SPDC Limited as Production Geologist, and subsequently served in several positions, including Lead Geologist, Petroleum & Development Engineering Manager for SNEPCO, Business Interface Manager (BIM), before retiring as Vice President (Gas). Mr Osten then served the nation as Director, DPR, drawing from his experience as adviser to two Ministers of Petroleum Resources. Mr. Osten is currently Chairman and Chief Executive of both Capital One Energy Ltd and Energetikos Ltd.
Mr. Thierry Georger – Director
Mr Georger joined the Petrolin Group (Switzerland) in 1995 and is responsible for all crude oil trading activities, including the sale of crude oil cargoes (approx. 60,000 barrels per day) from West Africa and the Far East. Mr Georger has a Master Degree in Commercial and Industrial Sciences from the University of Geneva, Switzerland.
Mr. Osayande Ede – Director
Mr. Ede is a Capital Market Specialist with over 30 years of experience in Banking and Finance. He has served in key areas of finance, including governance, financial analysis, risk management, banking operations and regulatory Compliance. He is also the former Bank Treasurer and Chief Accountant at Pricewaterhouse Coopers Nigeria. An Economics graduate of University of Benin and a holder of MBA from the University of Lagos. He is currently a Director of LAPO Microfinance Bank Limited and GSCL Consulting, formerly known as Global Strategic Research Outcome Limited.
Mr. Afolabi Oladele– Director
Mr Oladele joined the NDEP Plc Board as Director in 2016 and is an Executive Partner at African Capital Alliance (ACA). Prior to joining ACA in 1999, Mr Oladele attained 24 years of meritorious service in the oil and gas industry. Most of his career was spent with the industry regulator, the Nigerian National Petroleum Corporation (NNPC) where he served in various capacities culminating in his appointment as Group Executive Director. He gained in-depth industry knowledge through various postings to OPEC, Mobil USA and Total France and is a current Board Member of Addax Petroleum Corporation. Mr Oladele is a Fellow of the Nigerian Society of Engineers and the Nigerian Academy of Engineers. He holds a Bachelors degree in Chemical Engineering and post-graduate certificates in petroleum economics and management.
Mr. Cyril Odu – Director
Mr Odu joined the NDEP Plc Board as a Director in 2016 and is an Executive Partner at African Capital Alliance (ACA). Mr Odu’s distinguished career spanned 39 years in the oil and gas industry, with the majority spent at Mobil. He was the Vice Chairman of the Board of Mobil Producing Nigeria where he had responsibility for Business Services and was also the Chief Financial Officer of the Upstream Affiliates of Exxon-Mobil in Nigeria. Mr Odu attended the University of Ibadan and graduated with a degree in Geology and an MBA from the Texas Southern University.
Dr. Deji West – Executive Director, Finance
Dr. Deji West joined NDEP Plc as Executive Director – Finance and CFO in 2016. He graduated from City University, London in 1986, with a degree in Civil Engineering. He embarked on a career in Accounting and became a Chartered Accountant in 1990, and then obtained an MBA in 1997 (City University, London). In 2019, he obtained a Doctorate in Business Administration at the Walden University (US). Dr. West has over three decades of business experience, across different sectors and has extensive experience of the oil and gas industry (upstream and downstream) and financial services, specializing in commerce, finance, accounting and project management.
He has worked with many organisations including Afren, Sahara, BP, PWC and Mellon Bank and has held senior financial management positions for several years. He is a Fellow of the Institute of Chartered Accountants in England & Wales (ICAEW) and a member of the Nigerian equivalent (ICAN).
Ms. Titi Omisore
Company Secretary and Group Legal Adviser, is a lawyer with over 17 years of experience.
Chief Edirin Abamwa
Chief Sub-Surface Petroleum Engineer and Development Adviser, has over 32 years of experience in the oil industry.
Mr. Felix Molokwu
Who is in charge of New Business Development, has over 33 years of industry experience.
Mr. Francis Ilesanmi
Well Engineering & Completion Adviser, has over 38 years of industry experience.
Serves as the Production Operations Adviser, and has over 34 years of experience in our industry.
Our Nigerian-owned and operated company is a pioneer in many marginal field development initiatives and continues to work for the benefit of our country and shareholders with minimum impact on the environment.