Axxela Announces Leadership Changes with New GCEO and CFO

Axxela has made significant leadership changes as Timothy Ononiwu retires from his position as Group Chief Executive Officer (GCEO), concluding nearly a decade of service. Ononiwu was the first Chief Financial Officer (CFO) of the company and played a crucial role in strengthening its financial position and driving expansion initiatives.

Nzam Ogb, Chairman of the Board, commended Ononiwu for his contributions to the company's growth and stability. Moshood Olajid has been appointed as the new GCEO, bringing extensive industry experience and a vision for Axxela's next growth phase, particularly in advancing natural gas advocacy and expanding integrated energy solutions.

Additionally, Yetunde Demuren has been elevated to the role of CFO from her previous position as Head of Corporate Finance and Treasury Management, bringing nearly two decades of experience in financial strategy and project viability assessment.